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Fillable Form 801, Offer Summary Document, For use with Agreement of Purchase and Sale

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Get your Form 801, Offer Summary Document, For use with Agreement of Purchase and Sale in 3 easy steps

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What is Form 801?

Form 801 is a document that outlines the offer made by the purchaser in an Agreement of Purchase and Sale. It is important to note that Form 801 is not the same as the Agreement of Purchase and Sale, which is a binding contract between the purchaser and seller. Form 801 is simply a tool that can be used to help create the Agreement of Purchase and Sale.

What is Form 801 used for?

A Form 801 Offer Summary Document, For use with the Agreement of Purchase and Sale, is a legal document used in the purchase and sale of a property. This document is used to provide an overview of the offer made by the purchaser, as well as the terms and conditions of the sale. This document is typically used in conjunction with other legal documents, such as the purchase and sale agreement, and is signed by both the purchaser and the seller.

How to fill out Form 801?

It is important to have all the required information included in the 801 forms, as this will help to ensure that the Agreement of Purchase and Sale is valid and enforceable. Form 801 includes the following information:

  • The name and address of the purchaser
  • The name and address of the seller
  • A description of the property being purchased
  • The purchase price
  • The deposit amount
  • The date on which the offer was made
  • The date on which Form 801 was signed by the purchaser
  • The date on which Form 801 was delivered to the seller

Once Form 801 is signed by the purchaser and delivered to the seller, the seller has 5 days to accept or reject the offer. If the offer is accepted, the Agreement of Purchase and Sale will be created, and both parties will be bound by its terms. If the offer is rejected, the purchaser is free to withdraw the offer or make a revised offer.

How to submit Form 801?

The 801 Offer Summary is typically submitted to the seller's real estate agent. The agent will then present the offer to the seller. If the seller accepts the offer, the 801 Offer Summary will become a binding contract.

Who should sign Form 801?

The 801 forms must be signed by the purchaser and delivered to the seller within 5 days of the date the offer was made. 

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Fillable online Form 801, Offer Summary Document, For use with Agreement of Purchase and Sale
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