Contracts
What is the California Residential Purchase Agreement (RPA) used for?
ATo transfer title from seller to buyer at closing
BTo document a broker's listing agreement with a seller
CTo serve as the standard offer and contract for residential real estate transactions in California✓ Correct
DTo disclose material facts about a property to prospective buyers
Explanation
The California Association of REALTORS® Residential Purchase Agreement (RPA) is the standard form used to make an offer and, upon acceptance, forms the binding purchase contract between buyer and seller for residential real estate transactions.
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