Legal Description
Full metes-and-bounds or recorded lot and block language that uniquely identifies the parcel for title work and county recording; partial addresses are insufficient.
A complete Land Purchase Document reduces disputed terms, protects parties during due diligence and closing, and establishes the chain of title. Properly drafted terms reduce title risks, clarify financial obligations, and make recording and escrow processing straightforward and legally enforceable under ESIGN (15 U.S.C. §7001) and UETA where applicable.
Typical participants include the buyer, seller, real estate agent or broker, title company, and escrow officer; lenders and surveyors may also interact with the document during closing.
Parties often rely on attorneys for complex conveyances, boundary issues, mineral rights, or when special statutory endorsements are required for title insurance.
Full metes-and-bounds or recorded lot and block language that uniquely identifies the parcel for title work and county recording; partial addresses are insufficient.
Exact purchase price, financing contingencies, seller credits, and payment schedule including earnest money, escrow instructions, and final cash-to-close figures.
Inspection, survey, financing, environmental review, and title objections with clear deadlines and cure or termination procedures for each contingency.
Designate closing date, escrow holder, delivery of documents, prorations for taxes and utilities, and allocation of recording fees and transfer taxes.
Require seller to deliver marketable title, curing liens, provide title insurance commitment, and, if needed, a current survey showing boundaries and easements.
Signature blocks for all parties and notary acknowledgment or RON provisions where allowed; specify signer capacity for corporate or trust parties.
eSignature workflows must produce a tamper-evident PDF, capture an audit trail, and support notarization options where state law allows RON or requires in-person acknowledgement.
Choose a platform that exports ISO 32000-compatible signed PDFs, supports conditional fields for contingencies, and offers notarization workflows where permitted to streamline closing and recording.
| Field | Online Setting |
|---|---|
| Signature Field Placement | Require signer to initial and sign in separate fields |
| Notary Block | Include optional RON section when state permits remote notarization |
| Conditional Contingencies | Show contingency deadlines only when checkbox is selected |
| Date Fields | Auto-fill with MM/DD/YYYY format and require signer date |
Usually 24–72 hours after seller receives the buyer’s offer
Deposit often due within 3–5 business days after contract acceptance
Commonly 7–30 days for inspections and remediation negotiations
Buyer must secure loan approval by the specified contingency cutoff
Date when escrow funds are transferred and deed is recorded
| 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 | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA) | Yes (BAA available) | Yes (BAA available) | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |