Introduction to Real Estate Sales Package
This package is a comprehensive set of legal documents designed for the sale of residential real estate in California. It includes essential forms such as the Contract of Sale, various disclosure statements, and other necessary documentation to facilitate a smooth transaction. The purpose of this package is to ensure that both the buyer and seller understand their rights and obligations throughout the home sale process.
When to consider using this form
This package is typically used when:
- A homeowner is preparing to sell their residential property without a real estate broker.
- A buyer is interested in purchasing a residential property in California.
- Both parties need to comply with state-specific legal requirements regarding disclosures and contracts.
Who might need Real Estate Sales Package
This form is intended for:
- Homeowners looking to sell their residential property without a real estate broker.
- Buyers interested in purchasing residential real estate.
Sections you'll need to complete
The California Real Estate Home Sales Package includes the following key components:
- Contract for the Sale and Purchase of Real Estate: This is the main agreement outlining the terms of the sale.
- Seller's Property Disclosure: A document where the seller reveals any known issues with the property.
- Natural Hazard Disclosure: Information about potential environmental hazards affecting the property.
- Lead-Based Paint Disclosure: Required for homes built before 1978, informing buyers about lead paint risks.
- Smoke Detector Statement of Compliance: Confirms that smoke detectors are installed and functioning as per state law.
- Additional Disclosures: Includes any local disclosures required by city or county regulations.
Completing the Real Estate Sales Package
Follow these steps to complete the package:
- Identify the parties involved: Clearly state the names and contact information of the buyer and seller.
- Describe the property: Provide a detailed description of the residential property being sold, including the address and any relevant features.
- Specify the sale terms: Outline the sale price, earnest money deposit, and any financing arrangements.
- Complete disclosure forms: Fill out the Seller's Property Disclosure and any other required disclosures accurately.
- Review and sign: Ensure all parties review the documents thoroughly before signing to confirm agreement on all terms.
State compliance overview
This package reflects California's legal requirements for real estate transactions, including:
- Mandatory disclosures related to property condition and hazards.
- Specific forms required by state law for residential sales, such as the Lead-Based Paint Disclosure for older homes.
- Compliance with local ordinances that may require additional disclosures or inspections.
Make changes easily with the online form
Accessing the California Real Estate Home Sales Package online offers several advantages:
- Convenience: Download and complete forms from anywhere at any time.
- Editability: Easily fill out forms digitally, making corrections and updates straightforward.
- Legal reliability: Ensure that you are using the most current forms, updated for 2025.
