The REPC contract takes precedence over any prior agreements between the buyer and seller.
What is REPC?
- The Real Estate Purchase Contract, or REPC for short, is a legal document.
- The terms and conditions of purchasing the real estate are outlined in this document.
- It includes information about the buyer, seller, agent(s), purchase price, concessions, what's included with the house, deadlines, contingencies, and other legal contractual perks.
- Some states have adopted a REPC template form to make it simpler for buyers, sellers, and agents on both sides to complete the transaction without involving attorneys.
- The definitions of the acronym, abbreviation, shorthand, or slang term REPC are discussed on this page.
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