Rhode Island Real Estate Purchase Agreement Template

The Rhode Island purchase agreement transmits the information connected to the purchase of a property into a written document. Stipulations of earnest money deposits are outlined and confirmed in the language of the text. All involved participants must affix their confirming endorsements to conclude the transaction.

Required Disclosures

Lead-Based Paint Disclosure (42 U.S. Code § 4852d) – Information on the hazardous effects of lead-based paint must be circulated to any buyer to purchase a dwelling constructed prior to 1979.

Real Estate Sales Disclosure (5-20.8-2) – When selling a property, the owner is required to fill the provided form, to the best of their knowledge, to supply to the buyer. It covers various aspects informing on the condition of the building and amenities included and specifies any issues with the residence related to environmental surroundings.

Mandatory Real Estate Relationship Disclosure (5-20.6-8) – For sales involving the services of a licensed real estate specialist, determining the extent of the client/customer relationship must be established. The disclosure form aims to clarify the role of the agent or broker for the buyer and seller.

Realtor Versions

Single-Family Purchase and Sale Agreement – PDF

Condominium Resale Purchase and Sale Agreement – PDF

Multi-Unit Purchase and Sale Agreement – PDF