what offer form do i use for duplex?

keepinvesting · January 25, 2011, 6:06am

in California, do I use California Residential Purchase Agreement? or a California Commercial Purchase Agreement?

Besides asking a realtor friend, where is the best place to get one of these forms?

Thanks

KI

HPM11 · January 25, 2011, 2:28pm

In Illinois 1-4 units is considered residential. I don’t know if that’s national.

kdhastedt · January 25, 2011, 3:41pm

It’s pretty much universal that 1-4 is residential, 5+ is commercial.

Use the residential - if for some strange reason they want a commercial, they’ll tell you (but I’m not seeing that)

Keith

keepinvesting · January 25, 2011, 6:54pm

great, thank you guys.

KI

eclipseagent · January 26, 2011, 11:59pm

What they said… Residential.