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Module 01 · C.A.R. Form RPA

Completing the Residential
Purchase Agreement

The RPA is 17 pages, but the deal lives in Paragraph 3: price, deposit, financing, contingencies, and dates. Learn it, walk it, then practice writing a real offer, line by line.

Revised 6/26|For new & associate agents|About 15 minutes

Explore the section with notes on every line

This is Paragraph 3 of the contract. Click any row to see how to complete it.

California Residential Purchase Agreement
Paragraph 3 · Terms of Purchase & Allocation of CostsC.A.R. Form RPA 6/26
Offer, Price & Timeline
3A
Purchase Price
$ All Cash
3B
Close of Escrow (COE)
Days after Acceptance OR on (date)
3C
Expiration of Offer
3 calendar days after all Buyer Signature(s) OR by (date), at 5PM or AM/PM
Financing & Down Payment
3D(1)
Initial Deposit
$ ( % of purchase price ) within 3 (or ) business days after Acceptance by wire transfer
3E(1)
First Loan Amount
$ ( % ) ✓ Conventional FHA VA Seller Other
3E(3)
Occupancy Type
✓ Primary Secondary Investment
3F
Balance of Down Payment
$
Purchase Price Total
$
Contingencies · time to remove after Acceptance
3L(1)
Loan Contingency
17 (or ) Days after Acceptance No loan contingency
3L(2)
Appraisal Contingency
17 (or ) Days after Acceptance No appraisal contingency
3L(3)
Investigation of Property
17 (or ) Days after Acceptance
Buyer’s Initials ____ / ____Seller’s Initials ____ / ____
3ASee paragraph 5, 5B (cash)

Purchase Price

On the form
$ All Cash
Example: $1,250,000
What it is
The total price the buyer is offering for the property. If the offer is all cash, the All Cash box is checked and no loan lines apply.
Why it matters
This single number anchors the entire deal. Commission, appraisal targets, loan-to-value, and the Purchase Price Total at the bottom of Paragraph 3 all key off it.
Common mistakes
  • Transposing digits (writing 1,205,000 instead of 1,250,000).
  • Checking All Cash while also filling in loan amounts below.
Pro tip
Say the number out loud as you type it, then confirm it matches the figure your buyers approved in writing.