Purchase and Sale Agreement
(Commercial Real Estate) (Long Form) (Pro-Buyer) (NJ)

Summary

This template is a purchase and sale agreement for the acquisition or disposition of commercial real property in New Jersey and is drafted from the perspective of the buyer. This template includes practical guidance, drafting notes, and alternate and optional clauses. This template includes provisions commonly included in a purchase and sale agreement for commercial real estate in New Jersey and drafted in favor of the buyer. This template should be tailored to suit the transaction and the type of property being conveyed, as well as the local custom and practice of the locality. For additional resources on buying and selling commercial real property in New Jersey, see Purchase and Sale of Commercial Real Property (NJ). For further guidance on commercial purchase and sale agreements, see Commercial Purchase and Sale Agreements. For a commercial purchase and sale agreement involving vacant land, see Commercial Purchase and Sale Agreement (Long Form) (NJ). For a commercial purchase and sale agreement drafted from the perspective of the seller, see Purchase and Sale Agreement (Short Form) (Pro-Seller) (NJ). See Commercial Purchase and Sale Due Diligence Checklist for a checklist detailing the steps in a commercial purchase and sale transaction.