Property Summary
Brief legal description, address, and parcel or unit number. Clear identification avoids later title disputes and ensures the correct property is under offer.
A well-prepared proposal communicates price, terms, and deadlines clearly, reduces misunderstandings, and creates an auditable record of the offer. Using an electronic proposal with an audit trail preserves intent and attribution for later contract formation.
Parties use the proposal as a negotiating instrument and as the record that triggers inspections, financing, and title review steps.
Brief legal description, address, and parcel or unit number. Clear identification avoids later title disputes and ensures the correct property is under offer.
State the exact purchase price or monthly rent, how deposits are applied, and whether amounts are refundable under specific contingencies.
Set financing conditions, closing date window, possession, prorations, and any seller concessions in straightforward, measurable language.
Identify inspection, financing, appraisal, and title contingencies with deadlines and procedures for removal or extension.
List earnest money amount, proof of funds, pre-approval letters, and any disclosures the seller must provide or the buyer must acknowledge.
Provide signature blocks for all parties, dates, and witness or notary lines when required by state law or by the parties.
| Field | Configuration |
|---|---|
| Upload Document | PDF or DOCX; convert to flattened PDF for final record |
| Template Fields | Preplace signature, date, and conditional fields for consistent data capture |
| Signing Order | Set sequential or parallel routing depending on negotiation needs |
| Authentication | Choose email link, SMS code, or KBA for higher assurance |
Confirm mobile compatibility and storage destinations when configuring routing and retention policies.
Specify date/time when the offer lapses if not accepted.
State when deposit is payable after acceptance, e.g., within three business days.
Declare the inspection window, commonly 7–10 calendar days.
Set deadline for removing financing or inspection contingencies.
Provide a proposed closing date or date range, e.g., 30–60 days.
Include notary block and witness lines in the final document before signing.
Notary or platform verifies signer identity using ID credential analysis or MFA.
Confirm witness availability if the state requires one or more witnesses.
Signer signs in presence of notary and witness as required.
Notary completes acknowledgement or jurat per state law.
Use RON where permitted with audio-video recording and identity proofing.
Include the notarial certificate or A/V log with the executed document.
Store notary journal entries and recordings per state retention rules.
Tim Martin streamlined remote closings using online proposals and signatures.
Optica said the interface is simple and easy to use.
| 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 vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| 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 | Yes | Yes | Varies by plan | Varies by plan |