: The legally binding heart of the transaction. It details every term of the sale, including the final price, closing date, and specific "chattels" (like appliances or furniture) included in the price.
: Strongly recommended for buyers to protect against hidden title defects like forged deeds or undisclosed heirs. Phase 3: Due Diligence & Approvals legal documents for buying a house
Once your offer is accepted, you enter the "under contract" phase. The documents here form the legal framework of the deal. : The legally binding heart of the transaction
: Often used in specific international markets, this proves the property is free from any existing monetary or legal liabilities over a specific period of time. Title Insurance Policy : Phase 3: Due Diligence & Approvals Once your
: A mandatory document in most regions where the seller must list all known issues, from structural cracks and roof leaks to environmental hazards like lead-based paint. Phase 2: The Core Legal Foundation
: Usually required by the bank to protect their loan.
: Issued by your lender after verifying your income and credit, this document sets your budget and proves to sellers that you are a serious, qualified buyer.