New Residential Purchase Contract Resources
Welcome to your hub for the newly updated Virginia REALTORS® Residential Purchase Contract, which will be available for use MAY 4th, 2026. Here you’ll find videos, comparisons, and guidance to help you use the new form with confidence. We’ll continue adding new instructional resources, so be sure to bookmark this page.
Contract Comparison Chart
Preview the New Contract
While the new contract will not be available for USE until 5/4/26, you can access the full watermarked version for review NOW.
Download the contract preview.
Webinar Replay
If you couldn’t make it to our live webinar dedicated to the new contract on February 24th, we’ve got you covered. You can watch the replay by clicking the button below. NOTE: Once you’re there, you’ll need to click “Register” to gain access to the recording. Associate General Counsel Jon Haley will walk you through what has changed, the purpose behind the rewrite, and MORE.
Helpful Legal Videos
We’ve created a series of tutorial videos to help you navigate the changes. Note: more videos are coming soon, so be sure to check back!
- Section 1: Intro, Conveyances, and Personal Property
- Section 2: Deposit
- Section 3, Part A: Financing (Contract is Contingent)
- Section 3, Part B: Financing (Contract is NOT Contingent)
- Section 4A: Home Inspection
- Section 4B: Septic Inspection
- Sections 4C, D&E: Well, Wood Infestation, and Walkthrough
- Section 5: Disclosures
- Section 6: Title
- Sections 7&8: Settlement and Prorations
- Sections 9&10: Possession and Risk of Loss
- Sections 11&12: Indemnification and Misc
New Contract Podcasts
- Caveat REALTOR® Podcast – How the phrase “time is of the essence” affects the new purchase contract. (03/03/26)
New Contract Blog Articles
- Introduction to VAR’s New Residential Purchase Contract (02/23/26)
- A New, Improved Residential Purchase Contract is Coming (01/26/26)
New Contract Questions?
If you have questions related to the new contract, please submit those to the Virginia REALTORS® Legal Hotline. Our team of attorneys is here to help answer your questions. In most cases, members will receive a response within just a few hours.