ContractsCounsel Logo

Legal Questions and Answers

Get free proposals from vetted lawyers in our marketplace.

GET FREE PROPOSALS
No upfront payment required. Pay only if you hire.
Home Q&A Forum Who writes the purchase and sale agreement?

Business Contracts

Purchase And Sale Agreement

New Jersey

Asked on Oct 6, 2022

Who writes the purchase and sale agreement?

We are looking to buy a home in New Jersey and our relator has discussed using a template for a purchase and sale agreement. Should we hire a lawyer to handle this? I'm not sure what this template is and I'm a bit uncomfortable with the idea of using a template since I'm not sure if it protects our best interest in the purchase.

1 Attorney answer

Answer

Business Contracts

New Jersey

Answered 635 days ago

Donya G.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, New York
Free Consultation

Whoever drafts the PSA, will draft it to their benefit. This is the reason that buyers, not sellers, will tend to draft the document as the seller is leaving the business and the buyer is gaining the business. Buyers therefore, tend to benefit from the draft of the agreement as they outline the things they will need to feel comfortable enough to proceed with the sale. I have extensive experience with PSA agreements. If you need drafting or reviewing assistance, you can contact me through the website or directly to my profile page at Donya Gordon Donya Gordon

Use of the ContractsCounsel Q&A Forum does not create an attorney-client relationship between User and any Lawyer User. The Forum is not a substitute for legal advice from a lawyer but is intended to be educational and to help the user determine if legal services are necessary. The Forum, Content, and communications on the Forum do not constitute legal advice.
Meet some lawyers on our platform

Forest H.

243 projects on CC
CC verified
View Profile

Jeremiah C.

108 projects on CC
CC verified
View Profile

Ryenne S.

671 projects on CC
CC verified
View Profile

Damien B.

19 projects on CC
CC verified
View Profile

Find lawyers and attorneys by city