Contract Reference
Cite the original purchase agreement by date and parties, and state the specific section being amended so the amendment cannot be mistaken for an independent agreement.
Extensions avoid contract termination when closing cannot occur on the scheduled date, protect earnest money, and document mutual agreement on new timing while clarifying any contingent obligations or cost allocations between the parties.
Ensure all necessary signatories and service recipients (lender, title agent, and escrow) receive the executed amendment to prevent disputes.
| Field | Configuration |
|---|---|
| Authentication | Email link plus optional SMS code |
| Signing Order | Sequential or parallel signer order |
| Notary Mode | Enable RON session when required |
| Delivery Copies | Auto-send PDF and audit trail to all parties |
Verify the platform supports RON if notarization must be performed remotely, and confirm the lender and title company accept the selected method.
Execute amendment prior to the scheduled closing to avoid default or repudiation.
Ensure loan conditions remain timely or receive lender approval for extension.
Reset inspection, repair, and contingency dates as needed in writing.
Confirm title company can clear title by the new date.
Coordinate recording and lender funding windows for the revised date.
The signed amendment becomes binding and sets the new official timeline.
Lender confirms loan terms and updated funding date for the new closing.
Title company resolves outstanding exceptions and prepares closing documents.
Lender funds and title records instruments on the agreed new closing date.
Cite the original purchase agreement by date and parties, and state the specific section being amended so the amendment cannot be mistaken for an independent agreement.
Specify the new closing date in MM/DD/YYYY format, and state whether time is of the essence to preserve timing obligations and potential default remedies.
List any extended deadlines for inspections, loan commitments, appraisals, or seller obligations, including the exact new dates for each contingency.
Note who is responsible for additional costs arising from the delay, such as extended rate lock fees, additional inspection costs, or prorated utilities.
Include an explicit notary block or acknowledgement if the lender or title company requires notarized signatures for acceptance or recording.
Provide full printed names, signature lines, dates, and capacity (buyer, seller, agent) for all required parties and their signers to avoid enforceability questions.
Keep the extension clear and limited to necessary changes to avoid introducing unintended contract terms or inconsistencies.
State that all other terms of the original agreement remain unchanged unless expressly amended to avoid contradictions.
Attach updated contingency checklists, lender commitment letters, or inspection reports that explain the need for the extension.
Include a routing list for copies to lender, title, escrow, and both agents to streamline acceptance and processing.
| 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 (Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year limit | Varies | Varies | Varies |
Tim Martin, Founder at Martin Properties, needed remote execution when buyers faced a short lender delay.
Brian Fitzgibbons, COO of Optica Ventures LLC, faced a vendor delivery issue impacting possession timing.