Is an electronic signature legally binding?

Yes. In the United States, electronic signatures are legally enforceable under the federal ESIGN Act (15 U.S.C. ch. 96) and state UETA laws adopted in most jurisdictions; exceptions like wills and certain court filings still require paper or specific formats.

Do I need a notary or witnesses?

Most states require a notary acknowledgement for deed recording; witness requirements vary by state. Florida requires two witnesses for deeds; verify local rules before signing. For RON, follow state remote-notarization statutes and retain required audio‑visual records when applicable.

Can this form be e-signed remotely?

Yes, subject to state law and the ESIGN four‑part test (intent, consent, attribution, and retention). Confirm the chosen eSignature solution supports required authentication and record retention; some jurisdictions or transaction types may prohibit remote electronic execution.

What happens if names or details are incorrect?

Mismatched names, incomplete legal descriptions, or incorrect dates can delay title insurance, require corrective deeds or affidavits, and may expose parties to liability. Correct errors before closing and retain documentation of the correction process to support defenses.

How long should I keep the signed agreement?

Retain the signed purchase agreement for at least three years for IRS and tax purposes (IRC §6501(a)); retain real estate closing documents for seven years in many contexts and six years for HIPAA-covered health records (45 CFR §164.530(j)).

Which parties must sign the agreement?

All contracting parties with ownership or purchase obligations must sign; corporations, trusts, and other entities require authorized signatories and capacity statements. Title companies often request proof of signing authority and may require corporate resolutions or trustee certificates.

Electronic Signature
Templates
Real estate
CBCA Real Estate Purchase Agreement

CBCA Real Estate Purchase Agreement

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CBCA Real Estate Purchase Agreement

Parties

This Real Estate Purchase Agreement ("Agreement") is entered into by and between:

Buyer Name Buyer Contact (address, phone, email) Seller Name Seller Contact (address, phone, email)

Property

Property Address:

Parcel/APN Number Legal Description

Purchase Price and Payment

Purchase Price:

Earnest Money (Deposit Amount) Holder of Earnest Money

Financing and Contingencies

Financing Contingency: Buyer shall, within days after Acceptance, obtain loan commitment for financing in the amount of on commercially reasonable terms. If Buyer fails to obtain financing by the deadline, Seller may terminate this Agreement or accept Buyer's notice of inability to obtain financing according to the terms below.

Inspection Period: Buyer shall have days from Acceptance to conduct inspections. If Buyer notifies Seller in writing of unsatisfactory conditions within the Inspection Period, the parties shall negotiate in good faith with respect to remedies or termination. Absent timely notice, Buyer accepts the Property in its then condition.

Closing and Possession

Closing Date: The closing of the sale (the "Closing") shall occur on or before or such earlier/later date as agreed in writing.

Possession: Possession of the Property to Buyer shall be delivered on subject to tenant rights, if any, and subject to prorations set forth below.

Title and Closing Agent Prorations and Closing Costs

Inclusions / Exclusions

The sale includes the following personal property and fixtures:

Excluded items:

Disclosures

Seller disclosures: Indicate whether the Property is known to have the following conditions.

Lead-Based Paint (if built before 1978): Yes No

Prior Structural Damage or Repairs: Yes No

Mold or Environmental Hazard: Yes No

Homeowners Association / Covenants: Yes No

Additional Disclosures / Seller Statements

Default, Remedies and Damages

If Buyer defaults, Seller may elect to retain the earnest money as liquidated damages, provided such retention is not a penalty in the jurisdiction of the Property. Alternatively, Seller may seek specific performance or damages. If Seller defaults, Buyer may seek specific performance, return of earnest money, and damages. The prevailing party in any litigation to enforce this Agreement shall be entitled to recover reasonable attorneys' fees and costs.

Liquidated Damages Amount (optional)

Brokerage and Commission

Brokerage: The parties represent that the brokers identified below were the procuring cause of this transaction and that commission arrangements will be paid as follows.

Buyer's Broker Seller's Broker

Risk of Loss; Insurance

Risk of loss to the Property shall remain with Seller until Closing. Seller shall maintain insurance in effect until possession is transferred. If substantial loss occurs prior to Closing, Buyer may elect to proceed to Closing or terminate this Agreement and receive a refund of Earnest Money.

Notices

All notices required or permitted under this Agreement must be in writing and delivered to the addresses set forth below or to such other address as a party designates in writing.

Buyer's Notice Address Seller's Notice Address

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the State of . This Agreement, including any addenda and exhibits executed by the parties, constitutes the entire agreement between the parties and supersedes all prior agreements and understandings relating to the subject matter hereof.

Additional Provisions

Execution by the parties below shall constitute acceptance of all terms and conditions of this Agreement. Signatures delivered electronically, by facsimile, or by scanned image shall be binding as original signatures.

Seller - Printed Name:

By:

Date:

Buyer - Printed Name:

By:

Date:

What the CBCA Real Estate Purchase Agreement Is

The CBCA Real Estate Purchase Agreement is a comprehensive purchase-contract template that sets out the rights and obligations of buyers and sellers in a residential property sale. It defines the purchase price, deposit and financing contingencies, title and survey requirements, inspection rights, closing date, prorations, and remedies for default. The form is intended to produce a clear, enforceable contract when completed correctly and signed by authorized parties. It is commonly used by real estate agents, attorneys, and private parties to document negotiated terms and streamline closing procedures.

Why Use a Standardized Purchase Agreement

Using the CBCA Real Estate Purchase Agreement reduces ambiguity by documenting price, contingencies, and closing terms; protects parties with defined remedies; and provides a consistent structure for negotiation, due diligence, and e-signature workflows compliant with ESIGN/UETA when executed electronically.

Who Commonly Uses This Purchase Agreement

Typical users include listing and buyer agents, purchasers, sellers, escrow/title companies, mortgage lenders, and closing attorneys.

Real estate brokers and licensed agents coordinating offers, counteroffers, and contingencies during listing and sale.
Buyers and sellers documenting agreement terms, deposits, inspection results, and conditions for financing or title objections.
Title companies, escrow officers, and attorneys reviewing closing instructions, deed language, and settlement prorations.

Parties select this form when they need a comprehensive, negotiable contract framework that supports digital workflows and clear closing instructions.

Core Elements Included in the Agreement

Core elements of the CBCA Real Estate Purchase Agreement define obligations, contingencies, closing mechanics, and remedies to reduce disputes and support enforceability.

Purchase Price

Specifies the agreed sale price, earnest money deposit amount and timing, and conditions for price adjustments or credits at closing; accuracy affects financing and tax reporting.

Contingencies

Lists conditions precedent including buyer financing approval, property inspection and repair negotiation, appraisal results, and title objections, with explicit timelines and notice and termination procedures.

Title & Survey

Requires seller to provide marketable title, title insurance commitments, any required surveys, easement and boundary disclosures, and specifies buyer remedies if material defects remain unresolved.

Closing Mechanics

Sets the closing date, location, prorations for taxes and utilities, escrow instructions, and funds required from each party at settlement, recording fees, and steps for delivering deed and keys to avoid last-minute disputes.

Representations

Includes seller representations about ownership, authority, liens, and compliance with laws, and buyer representations about financing and ability to close; false statements can trigger indemnity.

Default & Remedies

Defines breach events, available remedies such as specific performance or liquidated damages, notice and cure periods, and procedures for dispute resolution or termination to limit exposure.

Essential Information Fields to Provide

Buyer Name: Full legal name as on ID

Seller Name: Full legal name for title

Property Address: Street, city, state, ZIP

Purchase Price: Numeric value with currency

Closing Date: Use MM/DD/YYYY format for closing

Signatures: All parties must sign and date

Step-by-Step: Complete and Execute the Agreement

Follow these steps to complete and execute the CBCA Real Estate Purchase Agreement accurately and electronically.

01

Prepare Draft: Enter terms, price, contingencies, and dates.
02

Attach Exhibits: Include property disclosures, surveys, and addenda.
03

Review & Negotiate: Circulate for counteroffers and agreed edits.
04

Sign & Close: Obtain signatures, collect funds, deliver closing documents.

How Electronic Execution Typically Works

Electronic execution follows a predictable workflow from document preparation through e-signing, notarization if required, and final distribution with an audit trail.

Upload Document: Save final draft as PDF or DOCX.
Place Fields: Add signature, initials, date, and conditional fields.
Add Signers: Enter emails and role-based signing order.
Authenticate: Use email link, SMS code, or KBA as needed.

Common Online Settings for Sending This Agreement

Common online settings to configure when completing and sending the CBCA Real Estate Purchase Agreement for electronic signing.

Field	Configuration
Signature Type	Click-to-sign or drawn signature allowed
Authentication	Email link, SMS code, or ID verification
Bulk Send	Enable for multiple recipients or listings
Audit Trail	Record IP, timestamps, and signer actions

Platform Capabilities to Check Before Sending

Ensure platform compatibility for document types, file formats, signer authentication, and retention policies when preparing digital execution.

File formats: PDF, Word DOCX supported
Integrations: Salesforce, NetSuite, Google Workspace listed
Authentication: Email, SMS, KBA, SSO options

Key Dates and Contract Deadlines to Track

Key dates and deadlines in the purchase process include offer expiry, inspection periods, financing approval, and the contract closing date.

Offer Expiration:

Deadline for buyer acceptance or counteroffer, often 24–72 hours.

Inspection Period:

Buyer-inspection window and repair negotiation timeline, typically 7–14 days.

Financing Approval:

Contingency deadline to secure loan commitment or terminate the agreement.

Title Objection Deadline:

Date by which buyer must object to title defects or accept title.

Closing Date:

Final date for transfer of title, funds, keys, and recording the deed.

Common Preparation Mistakes to Avoid

Leaving financing contingencies vague or omitting exact commitment dates, which can permit a buyer to terminate or lead to last-minute financing failures and contract disputes.
Failing to attach required disclosures, surveys, or addenda creates ambiguity about property condition and may delay closing or expose sellers to post-closing claims.
Mismatched names or incomplete signature blocks, such as using initials where full signatures are required, can invalidate parts of the agreement or hinder title transfer.
Incorrectly stated closing costs or prorations, or failure to specify which party pays specific fees, often leads to disputes and settlement delays at closing.

Risks and Potential Legal Consequences

Title Defects: Closing delayed; buyer remedies.

Contract Voidance: Material defects can void sale.

Financial Penalties: Loss of deposit; liquidated damages.

Recording Issues: Deed not recorded, clouded title.

Tax Reporting: Incorrect reporting affects capital gains.

Legal Costs: Litigation or attorney fees possible.

eSignature Provider Comparison for Real Estate Use

Comparison of common eSignature providers and feature availability relevant to completing real estate purchase agreements electronically.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes (Business Premium)	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes (BAA available)	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Envelope Cap	No cap	100 envelopes/user/year	Varies by plan	Varies by plan	Varies by plan

Frequently Asked Questions About the Agreement

Answers to common questions about completing, signing, and enforcing the CBCA Real Estate Purchase Agreement, including e-signature and notarization concerns.

Need help? Contact support

Is an electronic signature legally binding?
Yes. In the United States, electronic signatures are legally enforceable under the federal ESIGN Act (15 U.S.C. ch. 96) and state UETA laws adopted in most jurisdictions; exceptions like wills and certain court filings still require paper or specific formats.
Do I need a notary or witnesses?
Most states require a notary acknowledgement for deed recording; witness requirements vary by state. Florida requires two witnesses for deeds; verify local rules before signing. For RON, follow state remote-notarization statutes and retain required audio‑visual records when applicable.
Can this form be e-signed remotely?
Yes, subject to state law and the ESIGN four‑part test (intent, consent, attribution, and retention). Confirm the chosen eSignature solution supports required authentication and record retention; some jurisdictions or transaction types may prohibit remote electronic execution.
What happens if names or details are incorrect?
Mismatched names, incomplete legal descriptions, or incorrect dates can delay title insurance, require corrective deeds or affidavits, and may expose parties to liability. Correct errors before closing and retain documentation of the correction process to support defenses.
How long should I keep the signed agreement?
Retain the signed purchase agreement for at least three years for IRS and tax purposes (IRC §6501(a)); retain real estate closing documents for seven years in many contexts and six years for HIPAA-covered health records (45 CFR §164.530(j)).
Which parties must sign the agreement?
All contracting parties with ownership or purchase obligations must sign; corporations, trusts, and other entities require authorized signatories and capacity statements. Title companies often request proof of signing authority and may require corporate resolutions or trustee certificates.

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