When purchasing a property, whether it be a home or a commercial space, signing a buyers agreement is a crucial step in the process. However, some buyers may not be aware of whether or not they have signed the agreement. Here are a few ways to determine if you have signed a buyers agreement:
Check your records
The first step is to check your records to see if you have a copy of the agreement. If you can’t find it, reach out to your real estate agent or attorney who assisted you in the purchase. They should be able to provide you with a copy of the agreement.
Review your communications
Buyers agreements are usually discussed and signed through various forms of communication such as email, text messages or phone calls. Go back through your communication with your real estate agent or attorney and look for any mentions or discussions of a buyers agreement.
Look for legal language
Buyers agreements usually include legal language and clauses that protect both the buyer and the seller. These may include details about the property, timelines for closing, inspection and financing contingencies, and more. If you recall signing a document with such language, it may be your buyers agreement.
Check your bank statements
If you have already made a payment towards the purchase of the property, check your bank statements and look for any payments labeled as being for the buyers agreement.
If you are still unsure if you have signed a buyers agreement, don’t hesitate to reach out to your real estate agent or attorney. They can provide you with clarity and ensure that you have all of the important documents related to your purchase. Knowing whether or not you have signed a buyers agreement can help you avoid any misunderstandings or potential legal issues down the line.