A California residential purchase and sale agreement is a contract between a buyer and a seller for the sale of real estate. It includes all terms and contingencies. The buyer usually provides an earnest money deposit at the time of purchase.

Form Options By Type

Standard Residential Lease Agreement

Download: PDF

Simple (1-Page) Lease Agreement

Download: PDF

Most Recent US Home Facts

Population (2023): 334,914,895
Median Households (2022): 125,736,353
Median Household Income (2022): $75,149
Owner-occupied Households (2022): 64.8%

Source: U.S. Census Bureau

When does a purchase agreement become legally binding?

The purchase and sale agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.