Guide · Real Estate

Buying and Selling a Home: A Comprehensive Guide to Contracts, Contingencies, Title, and Closing

42 U.S.C. § 3605

Type
Guide
Jurisdiction
National
Date
2025-06-21
Topic
Real Estate

This guide covers a residential real estate transaction from listing or offer through recording and the problems that surface afterward. Part one covers the purchase agreement as a schedule of deadlines and the meaning of earnest money. Part two covers the three contingencies in operational detail, including what a general inspection does not include and how to frame an objection that actually gets resolved. Part three covers title: what the search looks for, how to read a commitment, what the two policies do, and what a survey adds. Part four covers the federal disclosure regime, the tolerance rules that require a lender to refund excess charges, and the prohibitions on kickbacks and required title insurers. Part five covers seller disclosures, including the federal lead-based paint requirements. Part six covers the walk-through, the closing table, and recording. Part seven covers the fair housing and fair lending law that runs underneath the whole transaction. Part eight covers what to do when things go wrong, before and after closing.

Buying and Selling a Home: A Comprehensive Guide to Contracts, Contingencies, Title, and Closing

Real Estate > Buying and Selling a Home | Published 21 June 2025 - Updated 22 August 2026 | UpLaw - uplaw.us

Orientation

⚠ Real estate practice is intensely local. Contract forms, disclosure obligations, whether an attorney or a title company conducts closing, transfer taxes, recording practice, and remedies are all state and often county law. ⭐ Read this guide for the structure and the federal overlay; get the forms and the local custom from your own market.

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