Parties
Identify buyer and seller with full legal names and entity types; include authorized signatory names and titles where an entity is involved to ensure binding authority.
A direct sale contract simplifies commission arrangements and enables parties to negotiate terms without intermediary involvement. It preserves the same core protections found in brokered contracts, but requires careful drafting to ensure clear legal names, property description, contingency language, and closing mechanics under ESIGN and state law.
Parties should consider legal or title review if they lack experience; errors in names, legal description, or closing terms can create costly disputes.
Ensure your chosen provider can export a tamper-evident signed PDF and can retain records to meet ESIGN/UETA and any industry compliance requirements.
| Field | Configuration |
|---|---|
| Authentication | Use email or SMS codes; escalate to KBA for high-risk deals. |
| Conditional Fields | Show or hide clauses based on buyer selections. |
| Templates | Save standard contract language to reduce drafting errors. |
| Audit Trail | Enable IP, timestamp, and action logging for each signer. |
| 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 | Yes, 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Premium plan) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Identify buyer and seller with full legal names and entity types; include authorized signatory names and titles where an entity is involved to ensure binding authority.
Provide the complete recorded legal description and parcel identifier; include fixtures, exclusions, and a provision for survey or title exceptions to prevent later disputes.
Specify total consideration, allocation method, financing contingencies, and acceptable payment forms; list earnest money amount and disposition rules on default or termination.
Detail inspection, appraisal, financing, and title contingencies with explicit cure periods, termination rights, and refund provisions for earnest money.
Set closing date, escrow agent or closing officer, prorations, deed type, and responsibility for closing costs and recording fees to avoid misunderstandings.
Outline remedies for breach, liquidated damages if any, dispute resolution method, and attorney fee allocation to provide clarity on enforcement.