Read a purchase agreement term by term before the deal closes
A purchase agreement sets the price and then fills many pages with conditions: deposits, contingencies, representations, what the seller must deliver, the closing date and what happens if either side backs out. Whether it covers a home or a business asset, upload it, ask about each term in plain language, and open the cited excerpt to read the exact wording before a deadline passes.
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Last updated October 2026
How to review a purchase agreement with Search+
- Upload the agreement, addenda and disclosures
Add the purchase agreement together with its addenda, counteroffers and seller disclosures, up to 10 at a time. Signed forms are often scanned, and Search+ reads those with OCR. Later documents often change the dates and terms of the original.
- State your side and your deadlines
In Workspace Context, write something like "I am the buyer; list every deadline and any term that puts my deposit at risk." That instruction is applied to every question you ask.
- Ask, then read the cited clause
Ask about the price adjustments, the contingencies and the closing obligations one at a time. Each answer links to the supporting excerpt, with a section reference when the agreement has one.
Questions buyers and sellers ask
How much is the deposit, who holds it, and when can the buyer get it back?
List every deadline in this agreement and the event each one is counted from.
Which contingencies does the buyer have, and how are they removed or waived?
Which items are included in or excluded from the sale?
What must each party deliver at closing, and when is closing scheduled?
What happens if the buyer or the seller fails to close?
What reading a purchase agreement involves
Many rights in a purchase agreement expire if a notice is not given by a set date. Missing one can cost a deposit, so list the dates first.
Counteroffers and addenda often amend price, dates or contingencies. Read them with the original, not separately.
What the seller states about the property or business, and what it discloses, can affect remedies later. Check where those statements are and how long they last.
Real estate purchase forms and closing customs differ by state and country. Search+ helps you read your document; local professionals know what is standard.
Search+ reads Word drafts and PDFs, including scanned signed forms through OCR. Initials and handwritten changes can be hard to read, so check any cited handwritten term against the original.
Ask across the whole workspace and the answer can draw on the agreement and its addenda, citing each one.
Typical sections of a purchase agreement
| Section | What it usually covers | A question to ask Search+ |
|---|---|---|
| Parties and property or assets | Who is buying and what is sold | What exactly is being sold? |
| Price and payment | Price, deposit, financing | How is the purchase price paid? |
| Contingencies | Inspection, financing, appraisal and other conditions | When must each contingency be removed? |
| Seller representations | Statements about condition or title | What does the seller state about known defects? |
| Closing | Date, place, deliveries | What must the seller deliver at closing? |
| Default and remedies | What happens if a party fails to perform | What happens to the deposit if the buyer defaults? |
| Addenda | Changes and extra terms | Which addendum changed the closing date? |
What is a purchase agreement?
A purchase agreement is a contract in which a seller agrees to sell and a buyer agrees to buy property or assets on stated terms, including the price, conditions to closing and each party's obligations.
Purchase agreement questions
Can Search+ list every deadline in my purchase agreement?
Will it tell me when I could lose my deposit?
Can it read the counteroffer together with the original?
Does it work for business asset purchases as well as homes?
Does Search+ replace my lawyer or agent on the purchase?
What if an answer misses something?
Keep track of every term before closing day
Start a workspace, upload the purchase agreement and its addenda, and ask about each deadline.
Start a workspace