The North Dakota residential purchase and sale agreement allows a prospective homeowner to make an offer on a seller’s residential property. This document may be used to negotiate the conditions of a real estate transaction, including the purchase price, inspection date, personal property included in the sale, and any other terms and conditions both parties require.

Once both the buyer and the seller agree to the terms, they may sign the document and proceed with the transfer of ownership. It should be noted that as of August 1st, 2021, North Dakota law states that a written property disclosure stating any facts about the property that may adversely affect the seller’s decision to purchase must be provided to prospective homeowners before the sale is completed.