RI Real Estate Law -Purchase and Sales Agreements - Single Family

This article, written by Rhode Island real estate attorney Matthew Slepkow, discusses important provisions of the standard Rhode Island Purchase and Sales Agreement. This form purchase and sales agreement was drafted by The Rhode Island Association of Realtors for single family residential real estate transfers. This form can be modified and or negotiated. Buyers and sellers should carefully read the agreement before signing and should consider having it reviewed by a Rhode Island Real Estate and Title lawyer. This article addresses certain provisions of the standard purchase and sales agreements including mortgage contingencies, deposits, easements and restrictions, disclosures, inspections etc.

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