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1. 1. Parties: Identification of buyer and seller with complete legal names and addresses
2. 2. Background: Context of the transaction and property description
3. 3. Definitions: Key terms used throughout the contract
4. 4. Property Description: Legal description of the vacant land, including boundaries and size
5. 5. Purchase Price: Amount and payment terms
6. 6. Due Diligence Period: Timeframe for buyer's investigation of property
7. 7. Closing: Terms and conditions for completing the transaction
8. 8. Representations and Warranties: Statements of fact and guarantees by both parties
9. 9. Default and Remedies: Consequences of breach and available remedies
10. 10. Miscellaneous: General legal provisions including governing law, notices, and amendments
1. Environmental Conditions: Section covering environmental status, requirements, and responsibilities when property is in environmentally sensitive area
2. Mineral Rights: Section specifying ownership and transfer of mineral rights when applicable
3. Water Rights: Section detailing water rights and access, particularly important in Western states or agricultural land
4. HOA Provisions: Section covering homeowners association rules and requirements when property is subject to HOA
5. Development Restrictions: Section specifying any special development or use restrictions when applicable
1. Schedule A - Property Survey: Detailed survey of the property including boundaries and easements
2. Schedule B - Title Report: Current title report showing ownership and encumbrances
3. Schedule C - Environmental Reports: Any environmental assessments or reports
4. Schedule D - Zoning Certificate: Current zoning classification and permitted uses
5. Schedule E - Due Diligence Checklist: List of items to be reviewed during the due diligence period
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