Good contract clauses

[John Public]

I don't know if their already is a sticky or not but a thread on good contract clauses for beginning investors might be nice. Obviously snippets of clauses from other peoples contracts should NEVER take the place of a good lawyer to help one buy real estate. But a thread like this might give us newbies good ideas for putting into our own contracts.

[Curt Davis]

You should try to locate the standard purchase and sale contract for your state and use that one. Having a cheap home made contract that was created on Microsoft Word might not fly with many investors. This will make you look more legit.