{"id":49978,"date":"2026-06-14T22:14:45","date_gmt":"2026-06-14T19:14:45","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?post_type=glossary_term&p=49978"},"modified":"2026-09-21T17:19:02","modified_gmt":"2026-09-21T14:19:02","slug":"contract","status":"publish","type":"glossary_term","link":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/","title":{"rendered":"Contract"},"content":{"rendered":"

A contract is a legally binding agreement that sets out the terms of a deal, whether a purchase, a sale, or a lease. To hold up, it needs four things: an offer, acceptance, consideration, and the mutual intent of competent parties.<\/p>\n

CRE contracts come in several forms, including purchase and sale agreements, leases, and construction contracts. Each one spells out what every party owes and is owed, and gives them legal recourse if the deal is disputed or breached.<\/p>\n","protected":false},"excerpt":{"rendered":"

A contract is a legally binding agreement that sets out the terms of a deal, whether a purchase, a sale, or a lease. To hold up, it needs four things: an offer, acceptance, consideration, and the mutual intent of competent parties. CRE contracts come in several forms, including purchase and sale agreements, leases, and construction…<\/p>\n","protected":false},"template":"","glossary_category":[8644],"class_list":["post-49978","glossary_term","type-glossary_term","status-publish","hentry","glossary_category-legal-contracts","wpautop"],"acf":[],"yoast_head":"\nContract | CRE Glossary<\/title>\n<meta name=\"description\" content=\"A plain-English guide to contracts in commercial real estate: what makes them enforceable and the main types used in CRE purchases, sales, and leases.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Contract\" \/>\n<meta property=\"og:description\" content=\"A plain-English guide to contracts in commercial real estate: what makes them enforceable and the main types used in CRE purchases, sales, and leases.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-21T14:19:02+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/contract\\\/\",\"url\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/contract\\\/\",\"name\":\"Contract | CRE Glossary\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/#website\"},\"datePublished\":\"2026-06-14T19:14:45+00:00\",\"dateModified\":\"2026-09-21T14:19:02+00:00\",\"description\":\"A plain-English guide to contracts in commercial real estate: what makes them enforceable and the main types used in CRE purchases, sales, and leases.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/contract\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/contract\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/contract\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glossary Terms\",\"item\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Legal & Contracts\",\"item\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/glossary\\\/category\\\/legal-contracts\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Contract\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/\",\"name\":\"CommercialCafe\",\"description\":\"Your Commercial Real Estate Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialcafe.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Contract | CRE Glossary","description":"A plain-English guide to contracts in commercial real estate: what makes them enforceable and the main types used in CRE purchases, sales, and leases.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/","og_locale":"en_US","og_type":"article","og_title":"Contract","og_description":"A plain-English guide to contracts in commercial real estate: what makes them enforceable and the main types used in CRE purchases, sales, and leases.","og_url":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/","og_site_name":"CommercialCafe","article_modified_time":"2026-09-21T14:19:02+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/","url":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/","name":"Contract | CRE Glossary","isPartOf":{"@id":"https:\/\/www.commercialcafe.com\/blog\/#website"},"datePublished":"2026-06-14T19:14:45+00:00","dateModified":"2026-09-21T14:19:02+00:00","description":"A plain-English guide to contracts in commercial real estate: what makes them enforceable and the main types used in CRE purchases, sales, and leases.","breadcrumb":{"@id":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialcafe.com\/blog\/glossary\/contract\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialcafe.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Glossary Terms","item":"https:\/\/www.commercialcafe.com\/blog\/glossary\/"},{"@type":"ListItem","position":3,"name":"Legal & Contracts","item":"https:\/\/www.commercialcafe.com\/blog\/glossary\/category\/legal-contracts\/"},{"@type":"ListItem","position":4,"name":"Contract"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialcafe.com\/blog\/#website","url":"https:\/\/www.commercialcafe.com\/blog\/","name":"CommercialCafe","description":"Your Commercial Real Estate Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/glossary_term\/49978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/glossary_term"}],"about":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/types\/glossary_term"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/glossary_term\/49978\/revisions"}],"predecessor-version":[{"id":50222,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/glossary_term\/49978\/revisions\/50222"}],"wp:attachment":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/media?parent=49978"}],"wp:term":[{"taxonomy":"glossary_category","embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/glossary_category?post=49978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}