Purchase Terms
Specifies purchase price, deposit amount and timing, and whether the sale is cash or contingent on financing; accurate figures and schedules reduce later disputes.
The FARBAR form consolidates standard Florida disclosures, timelines, and allocation of closing responsibilities into one familiar template that reduces negotiation time and clarifies risk allocation.
Agents, brokers, buyers, sellers, and closing attorneys commonly prepare or review the FARBAR Real Estate Sales Contract.
A licensed real estate agent or broker representing the seller who completes the seller-related fields, attaches required disclosures, and coordinates acceptance and delivery of the contract.
The buyer or the buyer's agent who completes buyer identification, financing and inspection contingencies, deposit instructions, and signs to create a binding offer once accepted by the seller.
Specifies purchase price, deposit amount and timing, and whether the sale is cash or contingent on financing; accurate figures and schedules reduce later disputes.
Details loan type, lender deadlines, and lender-required conditions; missing or ambiguous financing deadlines can result in unintended contract termination or forfeiture of deposits.
Defines inspection period, allowed inspections, repair notice procedures, and cure periods; these clauses determine buyer remedies and timing for contract rescission.
Assigns responsibility for title evidence, survey delivery, title objections, and cure obligations; timely title resolution is essential to a smooth closing.
Specifies closing date, location, prorations, and who pays closing costs; clear closing mechanics avoid last-minute disputes and delays.
Addresses breach consequences, escrow disbursement, and liquidated damages; understanding remedies helps parties evaluate negotiation leverage and risk exposure.
| Field | Configuration |
|---|---|
| Signer Authentication | Email link or SMS code |
| Required Fields | Make names, price, dates mandatory |
| Conditional Fields | Show financing clauses if loan selected |
| Audit Trail | Capture IP, timestamp, and actions |
Confirm that your chosen platform supports secure PDF handling, audit trails, and the authentication level required for the transaction.
Date the offer lapses if not accepted; check exact acceptance window.
Last day buyers can cancel or request repairs per the inspection clause.
Date by which buyer must secure loan approval or terminate.
Scheduled date when title and funds transfer occur.
When buyer is entitled to occupy the property post-closing.
Buyer delivers signed offer and earnest money to the listing broker.
Buyer completes inspections and provides repair requests or cancellation notices.
Buyer obtains lender commitment or notifies seller of financing failure.
Title, funds, and deed exchange conclude the transaction.
A seller accepts a cash offer after a 48-hour review period, deposits are placed in escrow
A buyer uses the standard inspection period to identify roof repairs and requests credits
Save executed contracts as PDF/A for long-term archiving and as standard PDF for immediate distribution; include certificate of completion for e-signed files.
Include seller disclosures, survey or plat (if required), title commitment, HOA documents, and lender addenda when sending to title or escrow.
Provide a notarized original deed and any required affidavits for county recorder upload; confirm local recordation format rules.
Retain the final signed PDF and a metadata record (who signed, IP, timestamps) to support chain-of-custody if disputes arise.
| 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 | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |