What are the different types of real estate contracts that I might encounter during a buying or selling transaction?

As a lawyer, I can advise that there are several different types of real estate contracts that buyers or sellers might encounter during a real estate transaction. These contracts dictate the terms and conditions of the sale or purchase of real property, and can have legal implications for both parties involved. The most common types of real estate contracts include:

1. Purchase Agreement: A purchase agreement is a contract that outlines the terms and conditions of the sale of a property. It typically includes information about the purchase price, contingencies (such as financing or inspections), closing date, and other details related to the sale.
2. Listing Agreement: A listing agreement is a contract between a seller and a real estate agent that dictates the terms of the agent's representation in selling the property. It typically includes information about the commission rate, expiration date of the agreement, and other details related to marketing and selling the property.
3. Lease Agreement: A lease agreement is a contract between a landlord and a tenant that outlines the terms and conditions of the rental of a property. It typically includes information about the rent amount, lease term, security deposit, and other details related to the rental agreement.
4. Option Agreement: An option agreement is a contract that gives a buyer the right, but not the obligation, to purchase a property at a future date and price. It typically includes information about the option fee, expiration date of the option, and other details related to the buyer's right to purchase the property.
5. Deed of Trust/Mortgage: A deed of trust or mortgage is a legal document that secures the repayment of a loan used to purchase a property. It typically includes information about the loan amount, repayment terms, interest rate, and other details related to the loan.

It's important to note that the terms and conditions of these contracts may vary depending on the specific jurisdiction in which the property is located. Additionally, there may be limitations or exceptions to the advice given based on the specific circumstances of a particular case. As such, it's recommended that buyers and sellers seek the advice of a licensed attorney to ensure they fully understand their legal rights and obligations during a real estate transaction.