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Texas New Home Contract (Completed Construction)

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Texas New Home Contract (Completed Construction)

What the Texas New Home Contract (Completed Construction) Covers

The Texas New Home Contract (Completed Construction) is a standardized real estate agreement used for the sale of a newly built residence that has already been finished before closing. It sets out buyer and seller identities, the legal description of the property, purchase price, earnest money, financing contingencies, seller warranties for new construction items, included fixtures and appliances, closing logistics, and remedies for default. The form allocates risk between parties on items such as title, surveys, appraisal, HOA obligations, and completion warranties specific to completed-construction transactions in Texas markets.

Why this Contract Matters for Completed New Homes

The contract creates a clear, enforceable framework tailored to completed new-construction sales, documenting price, closing mechanics, warranties, and remedies to reduce post-closing disputes and clarify obligations for builders, sellers, lenders, and buyers.

Why this Contract Matters for Completed New Homes

Who Typically Prepares and Signs This Contract

Several parties commonly handle or sign the Texas New Home Contract (Completed Construction).

  • Buyers and buyer agents — Review warranties, financing contingencies, and possession terms before signing.
  • Builders or seller representatives — Provide disclosures, convey warranties, and confirm included fixtures and upgrades.
  • Title companies and lenders — Verify title, coordinate closing funds, and confirm deed and recording requirements.

Each participant relies on the contract to allocate responsibilities for closing, title transfer, and post-closing warranty claims; attorneys or title officers often review complex provisions.

Core Sections You’ll Find in the Form

A complete Texas New Home Contract (Completed Construction) contains several discrete sections that define commercial terms, legal protections, and closing procedures.

Purchase Terms

Specifies purchase price, earnest money amount, payment method, and financing contingencies, plus adjustments for prorations and credits at closing.

Property Description

Includes street address, lot and block or metes-and-bounds legal description, and any accessory structures or easements affecting use or title.

Closing & Possession

Sets the closing date, location, method of transfer, and the buyer’s possession date along with conditions for occupancy prior to closing.

Seller Warranties

Lists builder or seller warranties for workmanship, systems, and major components and any warranty periods or transfer conditions.

Included Items

Details appliances, fixtures, window treatments, and any upgrades or allowances that convey with the property on closing.

Default & Remedies

Describes remedies for buyer or seller default, earnest money disposition, termination rights, and dispute-resolution procedures.

Stepwise Process to Complete the Contract

Follow a clear sequence to reduce errors and ensure all parties and title have the same expectations.

  • 01
    Review Draft: Confirm all blanks and attachments are present.
  • 02
    Populate Parties: Enter legal names and contact information.
  • 03
    Confirm Terms: Verify price, dates, and included items.
  • 04
    Sign & Deliver: Execute signatures and route to title or escrow.

Digital Workflow Settings When Completing Online

Configure the e-signing workflow to match required authentication, attachments, and retention before sending to signers.

Field Recommended setting
Signature Authentication Email + SMS code or ID verification for large transactions
Attachments Required Attach survey, HOA docs, and warranty exhibit
Reminder Cadence Send reminders at 3 and 7 days
Audit Trail Retention Retain full audit log for at least 7 years

Where to Send the Executed Contract and What to Expect

After all signatures are collected, distribute executed copies to relevant parties and coordinate closing steps with title and lenders.

  • Title Company: Provide for title exam and closing coordination.
  • Lender: Send final signed contract for loan conditions and funding.
  • HOA or Management: Submit required resale or compliance documents.
  • Buyer and Seller: Each retains a fully executed copy for records.

Technical Requirements for eSigning and eSubmission

Use an eSignature platform that supports secure PDF/DOCX uploads, audit trails, and conditional fields for complex contracts.

  • Signature Auth: Email, SMS code, optional ID verification
  • Integrations: Works with title and CRM systems
  • File Formats: PDF and DOCX supported

Confirm the platform provides tamper-evident signed documents, an exportable audit trail, and integration options (e.g., CRM, cloud storage) to streamline submission to title companies and lenders.

Common Timeframes and Deadlines to Track

Track critical dates in the contract to avoid forfeiture of earnest money or loan fallout.

Offer Acceptance Date:

Date the parties sign to form a binding agreement.

Earnest Money Deposit:

Typically due within 2–5 business days after contract execution.

Financing Deadline:

Deadline to satisfy loan conditions per the contract terms.

Closing Date:

Date set for funding, deed delivery, and proration calculations.

Possession Date:

When buyer takes occupancy, may be at closing or later.

Common Risks and Contract Errors to Avoid

Title Defects: Could delay or invalidate closing
Missing Disclosures: May lead to liability claims
Incorrect Legal Description: Can prevent proper recording
Late Closing: May trigger penalties or contract termination
Unsigned Pages: Can render contract unenforceable
Unclear Fixtures List: Leads to post-closing disputes

Essential Items and Verifications to Include

Signatures: All parties must sign and date
Notary: If required for recording
Survey: Current boundary survey when requested
Title Commitment: Clear chain of title required
HOA Documents: Include bylaws and fees disclosure
Warranty Exhibit: Builder warranty terms attached

Realistic Use Scenarios for Completed New Home Contracts

Two concise scenarios illustrate common transactional workflows and outcomes when using this contract form in Texas.

Scenario: Builder Sale

A builder sells finished model home to a buyer following a negotiated price and upgrade credit.

  • Closing scheduled within 30 days to satisfy lender conditions.
  • The contract includes a two-year workmanship warranty exhibit and an HOA disclosure; the title company recorded the deed and buyer received all warranty documents at closing.

Scenario: Broker-Assisted Purchase

A buyer working with a broker uses the form to document included appliances and repairs from a pre-closing inspection.

  • Earnest money delivered to escrow within three business days.
  • The contract’s remedy clause allowed the buyer to terminate and recover earnest money when the seller missed the agreed completion date, and the transaction later closed with prorated credits.

Practical Tips for Accurate, Efficient Completion

Small, consistent practices reduce errors and speed closing for completed new-home transactions.

Use Exact Legal Names
Confirm names against title and government ID. For entities, include corporate suffixes to prevent funding or recording delays.
Attach Exhibits
Attach surveys, HOA documents, and warranty exhibits rather than referencing them generically; signed attachments reduce later disagreement.
Clear Fixtures List
Itemize included fixtures and appliances with model numbers when possible to avoid post-closing possession disputes.
Coordinate with Title
Provide the title company with the final signed contract early so title search, commitment, and closing timelines remain aligned.

eSignature Pricing Comparison for Completing the Contract

Common vendor pricing and feature distinctions for executing and routing completed-construction contracts electronically; signNow appears first as the ground-truth data source indicates.

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 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
Envelope Cap No cap 100 envelopes/user/year Varies by plan Varies by plan Varies by plan

Frequently Asked Questions and Practical Answers

Answers to common execution, enforceability, and logistics questions for the Texas New Home Contract (Completed Construction).


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