A real estate contract is a contract for the purchase/sale,
exchange, or other conveyance of real estate between parties.
Real estate called leasehold estate is actually a rental of
real property such as an apartment, and leases (rental contracts)
cover such rentals since they typically do not result in recordable
deeds. Freehold ("More permanent") conveyances of
real estate are covered by real estate contracts, including
conveying fee simple title, life estates, remainder estates,
and freehold easements. Real estate contracts are typically
bilateral contracts (i. e., agreed to by two parties) and
should have the legal requirements specified by contract law
in general and should also be in writing to be enforceable.