How important is it to read a real estate contract before signing?
It is more important that you understand any contract before signing. For example, if the three words, “Restrictions of Record,” appear, do some checking first. If you sign that contract, you have to take title subject to any restrictions, no matter how unusual they may be. You may find that you can be severely limited as to the kind of building you can construct. Know exactly what the restrictions are before putting your signature on that contract. As Realtors, we emphasize the prime importance of restrictions, especially regarding vacant land.
