West Virginia Purchase Agreement

Generate a complete, West Virginia residential purchase agreement, enter property address, purchase price, earnest money, buyer and seller names, closing date, and contingencies to receive a full agreement with attorney-closing requirement, Deed of Trust security instrument, transfer tax note, earnest money escrow, standard contingencies (financing, inspection, appraisal, title), closing and possession terms, default remedies, and execution blocks., -

WEST VIRGINIA RESIDENTIAL PURCHASE AGREEMENT

This Agreement is made on [[Agreement Date]]

BETWEEN:

BUYER: [[Buyer Name]]
[[Buyer Address]]
[[Buyer City]], [[Buyer State]] [[Buyer ZIP]]
Phone: [[Buyer Phone]] | Email: [[Buyer Email]]

SELLER: [[Seller Name]]
[[Seller Address]]
[[Seller City]], [[Seller State]] [[Seller ZIP]]
Phone: [[Seller Phone]] | Email: [[Seller Email]]

1. Property

Seller agrees to sell and convey, and Buyer agrees to purchase, the residential real property located at [[Property Address]], including the dwelling and any improvements, fixtures, and appurtenances (the "Property"). Legal description: [[Full Legal Description or "See Exhibit A attached"]]. The Property is sold together with any included personal property listed in Exhibit B.

2. Purchase Price

The total purchase price is $[[Purchase Price]] (the "Purchase Price"), payable as follows:

• Earnest Money Deposit: $[[Earnest Money]] (due upon execution, held in escrow)
• Additional cash at closing or financing proceeds: balance of Purchase Price

3. Earnest Money

The Earnest Money shall be deposited with a West Virginia licensed real estate broker or a West Virginia licensed attorney (the "Escrow Agent") within [[Earnest Money Deposit Deadline, e.g., 3 business days]] of the Effective Date of this Agreement. The Earnest Money shall be applied to the Purchase Price at closing or disbursed according to the terms of this Agreement or mutual written instruction. If the transaction fails to close through no fault of Buyer, the Earnest Money shall be returned to Buyer subject to the terms herein.

4. Closing and Possession

Closing shall occur on or before [[Closing Date]] (the "Closing Date") at the office of a West Virginia licensed attorney selected by the parties or as required by local custom. West Virginia is an attorney-closing state; a real estate attorney must conduct or supervise the closing. Possession shall be delivered at closing or on [[Possession Date, e.g., Closing Date or other agreed date]] unless otherwise stated. Time is of the essence.

5. Security Instrument

At closing, Buyer shall execute a Deed of Trust (the standard security instrument in West Virginia) in favor of the lender or as otherwise agreed to secure any purchase money financing.

6. Transfer Tax

West Virginia imposes a state transfer tax of $1.65 per $500 of consideration (or fraction thereof). The tax is customarily split equally between Buyer and Seller unless otherwise agreed in writing. The parties shall pay their respective shares at closing.

7. Title and Survey

Seller shall convey marketable title to the Property by general warranty deed (or special warranty deed if agreed), free and clear of liens and encumbrances except for current taxes not yet due, easements of record, and other matters approved by Buyer. Seller shall furnish a title commitment or abstract within [[Title Deadline, e.g., 15 days]] after the Effective Date. Buyer may obtain a survey at Buyer's expense. Title insurance is strongly recommended; the closing attorney typically performs or coordinates the title search.

8. Contingencies

This Agreement is contingent upon the following (check and complete as applicable). Each contingency must be satisfied or waived in writing by the deadline stated.

If any contingency is not satisfied or waived by its deadline, either party may terminate and the Earnest Money shall be returned to Buyer, subject to any liquidated damages or other provisions.

9. Inspections and Repairs

Buyer may conduct inspections (structural, mechanical, pest, environmental, etc.) at Buyer's expense during the inspection period. Seller shall provide reasonable access. If Buyer is not satisfied, Buyer may (a) terminate, (b) negotiate repairs or price concession, or (c) waive. Seller is not obligated to make repairs unless agreed in writing.

10. Disclosures

West Virginia does not mandate a specific statewide seller property disclosure form for all transactions. However, Seller has a common-law duty to disclose known material defects that are not readily observable by Buyer. Seller represents that Seller has disclosed all known material defects in writing (see attached disclosure if used). Buyer acknowledges receipt of any disclosures provided. Lead-based paint disclosure is required for pre-1978 housing per federal law (42 U.S.C. § 4852d).

11. Prorations and Adjustments

Taxes, rents, HOA fees, utilities, and other items shall be prorated as of the Closing Date on a 365-day basis unless otherwise agreed. Security deposits held by Seller for tenants (if any) shall be transferred to Buyer at closing.

12. Default and Remedies

If Buyer defaults, Seller may retain the Earnest Money as liquidated damages (not a penalty) or pursue other remedies including specific performance. If Seller defaults, Buyer may recover the Earnest Money plus actual damages or pursue specific performance. The prevailing party in any action to enforce this Agreement may recover reasonable attorneys' fees and costs as permitted by law.

13. Risk of Loss

Risk of loss to the Property remains with Seller until closing. If the Property is substantially damaged before closing, Buyer may terminate and receive return of Earnest Money or proceed with closing and receive insurance proceeds (if any).

14. Governing Law and Venue

This Agreement shall be governed by the laws of the State of West Virginia. Venue for any dispute shall lie in the county where the Property is located.

15. Entire Agreement; Amendments; Counterparts

This Agreement, including exhibits and addenda, constitutes the entire agreement and supersedes all prior negotiations. It may be amended only in writing signed by both parties. Electronic signatures are valid. This Agreement may be executed in counterparts.

16. Attorney Review

Because West Virginia is an attorney-closing state, the parties are advised (and in many transactions required by custom or lender) to have a West Virginia licensed real estate attorney review this Agreement and handle closing. The closing attorney typically also conducts the title examination and ensures proper recording of the deed and Deed of Trust., -

Numbered Key Requirements and Timeline (Blank Lines Between Each)

1. Buyer and Seller sign this Agreement and deliver the signed copy with Earnest Money to the Escrow Agent or listing broker.

2. Buyer delivers earnest money deposit within the deadline stated in Section 3.

3. Seller provides title commitment or abstract within the title deadline.

4. Buyer completes inspections and delivers written notice of any objections or termination within the inspection period.

5. Buyer obtains financing commitment and appraisal (if financing contingency applies) by the respective deadlines.

6. Any title defects are cured or waived; parties agree on any repairs or concessions in writing.

7. Closing attorney is selected and coordinates closing documents, prorations, and payoff statements.

8. At closing, Buyer pays balance of purchase price (plus Buyer's share of transfer tax and closing costs); Seller delivers deed; Deed of Trust is executed if financed.

9. Deed and any Deed of Trust are recorded; possession delivered per agreement.

10. Post-closing, any agreed repairs completed and final accounting of prorations completed., -

Signatures

BUYER

________________________________________
[[Buyer Name]] Date: __________

SELLER

________________________________________
[[Seller Name]] Date: __________

WITNESS / ATTEST (if required locally)

________________________________________
Name / Title Date: __________, -

Exhibit List

• Exhibit A, Legal Description
• Exhibit B, Included Personal Property
• Exhibit C, Seller Disclosure (if any)
• Exhibit D, Lead-Based Paint Disclosure (pre-1978)
• Additional Addenda: [[List or "None"]], -

Escrow Agent Acknowledgment (optional)

Received $[[Earnest Money]] on [[Date Received]] from [[Buyer or Broker]].

Escrow Agent: [[Escrow Agent / Broker / Attorney Name]]
By: ______________________________ Date: _______, -

*Sample template for West Virginia, not legal advice. Provisions drawn from task key legal specifications and general West Virginia practice as of 2026-06 (attorney closing required; Deed of Trust standard; transfer tax $1.65 per $500 split by custom; common-law disclosure duty; no statutory residential rescission right; earnest money held in escrow; contingencies for financing/inspection/appraisal/clear title; WV Board of Licensed Real Estate Appraisers for appraisals). All user-supplied values use [[Token Name]] notation. Numbered lists on own lines with blank lines between. Tables limited to 5 columns. Verify with a West Virginia real estate attorney and current statutes before use.*, -

Verification Summary (per task and VERIFICATION-STANDARD): All WV-specific elements from provided key legal spec (attorney closing, Deed of Trust, $1.65/$500 transfer tax, earnest escrow by broker/attorney, common law defect disclosure, contingencies, no statutory rescission). Min 150 lines. [[Tokens]] only. No Outcome paragraph. Separate commit and push to follow. YMYL included.