Real Estate Contracts in Jordan: A Comprehensive Guide

Many individuals engage in real estate transactions in Jordan based on the principle that "the contract is the law between the parties." They believe that entering into well-drafted contracts for buying and selling properties is sufficient to safeguard their rights and ensure a smooth transaction. However, it's not uncommon for people to encounter problems post-contract, discovering indirect forms of fraud despite the agreement and mutual consent.

Real Estate Sales Contract 

In this article, Homes Jordan will provide clear templates for various types of real estate sales contracts, including land, apartments, villas, commercial complexes, and offices. We'll outline essential rules for drafting real estate contracts and shed light on the clauses that must be included in such contracts.

What is a Real Estate Sales Contract in Jordan? 

An agreement between two or more parties in which the seller commits to transferring ownership of the property under specified conditions is commonly known as a real estate sales contract.

- It is advisable not to exceed the customary earnest money percentage of 5% - 10% of the property value, except in exceptional cases.

Important Steps to Follow in Real Estate Contracts 

1. Avoid using internet-distributed contract templates or ready-made contracts.

2. Do not use ordinary words or phrases; legal and specific terms should be employed.

3. Do not draft the contract individually based on mutual agreement with the other party.

4. Do not rely on individuals whose sole job is to find clients and complete transactions to draft contracts.

Key Clauses in Real Estate Contracts in Jordan 

1. Date:

2. Parties: Complete personal information of both buyer and seller.

3. Property Details: Type, number, location, and size of the property.

4. Property Price: Clearly state the agreed-upon amount.

5. Sale and Ownership Transfer Conditions: Specify payment details, cancellation terms, and legal enforceability.

6. Notes: Include any relevant comments.

7. Signatures: Signatures of the involved parties and witnesses.

Download Contract Templates 

- Villa Sales Contract Template

- Office Sales Contract Template

- Commercial Complex Sales Contract Template

- Land Sales Contract Template

- Apartment Sales Contract Template

This article aims to provide a straightforward and transparent discussion of real estate contracts in Jordan, guiding clients toward a secure path that avoids manipulation, deceit, and financial loss. In the era of digital technology and online real estate transactions, Homes Jordan continually develops its real estate tools and applications. Our legal consultants focus on highlighting the key points and critical details of property transactions, collaborating with engineering consultants to meet clients' requirements.

Explore the best apartments and villas for sale in top areas of Amman through the following links:

- Dabouq: Apartment for Sale in Dabouq

- Abdoun: Apartment for Sale in Abdoun

- Deir Ghbar: Apartment for Sale in Deir Ghbar

- Rujm Ameesh: Apartment for Sale in Rujm Ameesh

- Jandaweel: Apartment for Sale in Jandaweel

- Al-Kursi: Apartment for Sale in Al-Kursi

Additionally, Homes Jordan is committed to providing clients with essential information about various types of properties in Jordan. The following links will enrich your knowledge further:

- 2023's Most Expensive and Upscale Residential Areas in Amman

- Top 10 Real Estate Tips for Selling Your Property at the Best Price and Quickly

- Investor or Tenant: Best Areas for Renting Apartments in Amman, Jordan