Establishing secure connection…Loading editor…Preparing document…

Real Estate Offer and Contract

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

Real Estate Offer and Contract

Date of Offer:

Parties

Property Identification

Offer and Purchase Terms

Buyer offers to purchase the Property from Seller for the total purchase price of $ (the "Purchase Price"), subject to the terms and conditions set forth herein.

Deposit payable to escrow agent named below and delivered no later than . If Seller accepts this offer, the Earnest Money shall be applied to the Purchase Price at closing in accordance with escrow instructions.

Financing and Contingencies

This offer is contingent on Buyer obtaining mortgage financing on terms acceptable to Buyer within days of acceptance. If Buyer fails to secure financing within such period, Seller may terminate and the Earnest Money shall be handled pursuant to escrow instructions.

Inspection contingency: Buyer shall have days from receipt of all seller disclosures and access to complete inspections. Buyer may, in writing, request repairs or cancel the Contract if materially adverse conditions are discovered and not agreed to by Seller.

Contingent on appraisal at or above Purchase Price. In the event of an appraisal shortfall, Buyer and Seller shall have days to agree on resolution.

Allocations, Costs, and Prorations

Closing costs: Seller shall pay ; Buyer shall pay , unless otherwise agreed in writing. Real estate taxes, HOA dues, and other customary items shall be prorated as of the Closing Date.

Seller Disclosures and Representations

Seller certifies that, to Seller's actual knowledge, the following are true:

Lead-based paint disclosure applicable (if property built before 1978): Yes No

Known material defects (structural, plumbing, electrical): Yes No

History of water intrusion, mold, or pest infestation: Yes No

Title and Conveyance

Seller shall convey marketable title by general warranty (or as otherwise specified) free of liens and encumbrances, except those listed in this Contract or approved in writing by Buyer. Title shall be examined and any title objections shall be cured prior to closing.

Default, Remedies, and Indemnity

In the event of default by Buyer, Seller may retain Earnest Money as liquidated damages or pursue any other remedy at law or equity. In the event of default by Seller, Buyer may enforce specific performance, seek damages, or recover the Earnest Money. The prevailing party in any action to enforce this Contract shall be entitled to recover reasonable attorneys' fees and costs.

Practical Provisions

This Contract constitutes the entire agreement between Buyer and Seller concerning the Property and supersedes prior negotiations and agreements. Any amendment or modification must be in writing and signed by both parties. This Contract shall be governed by the laws of the state in which the Property is located.

Acceptance and Effective Date

This offer shall remain open for acceptance until at . If accepted by Seller within that period, this Contract shall be binding as of the Effective Date, which is the date of the last signature below.

Miscellaneous

Time is of the essence for all dates and deadlines set forth in this Contract. The headings in this Contract are for convenience only and do not affect interpretation. All obligations which by their nature survive closing shall survive the closing of the transaction.

Buyer:

By:

Date:

Seller:

By:

Date:

Enter text✕

What the Real Estate Offer and Contract Is

The Real Estate Offer and Contract is a written proposal that sets out a buyer's terms to acquire a property and, if accepted, becomes a binding purchase agreement. It typically specifies purchase price, earnest money, contingencies (inspection, financing, appraisal), closing date, title responsibilities, closing cost allocations, and required seller disclosures. Local association forms and state statutes often shape wording. Correct signatures, execution dates, and complete exhibits are essential for enforceability under ESIGN and state electronic records laws.

Why a Clear Offer and Contract Matters

A precise Real Estate Offer and Contract documents commitments, manages contingency risk, and creates enforceable obligations when accepted. Properly completed contracts reduce negotiation friction, allocate closing responsibilities, and serve as the operative record for escrow and title processes.

Why a Clear Offer and Contract Matters

Who Typically Prepares and Signs This Document

Typical users who prepare or sign Real Estate Offer and Contract include agents, buyers, and sellers, plus lenders and title companies involved in the transaction.

  • Real estate agents — prepare forms, negotiate terms, and submit offers on behalf of clients.
  • Buyers — propose price and contingencies; sign to create binding obligations when seller accepts.
  • Sellers and listing brokers — evaluate offers, counteroffer, and coordinate disclosures and title matters.

Accurate completion and timely distribution reduce closing delays and help protect contractual rights for all parties.

Essential Elements to Include in a Professional Offer

Core components define the contract's legal effect and practical execution; each element allocates risk, conditions closing, and specifies remedies for breach.

Purchase Price

State the exact purchase price, how funds will be delivered, timing of earnest money deposit, and any adjustments for prorations or credits at closing, and applicable contingencies.

Contingencies

Describe inspection, financing, appraisal, and title contingencies with deadlines for removal; specify remedies if contingencies are unmet and vendor repair obligations.

Closing Date

Set the anticipated closing date, specify extensions or delay procedures, identify closing location, and list which party pays closing costs including escrow fees, title insurance, and recording fees.

Title & Survey

Describe required title condition, title insurance commitments, acceptable survey standards, responsibility for defects, timing for delivery of title evidence, and cure obligations before closing.

Disclosures

List statutory and property-specific disclosures the seller must provide, including lead paint, material defects, local mandated disclosures, environmental hazards, and homeowners' association documents where applicable.

Remedies

Specify default consequences such as earnest money forfeiture, specific performance entitlement, termination rights, and available damages or indemnities, and escrow dispute procedures.

Security and Compliance Checklist

Encryption: TLS 1.2/1.3; AES-256 at rest
Certifications: SOC 2 Type II; ISO 27001
HIPAA: BAA available for covered entities
Authentication: 2FA, SMS code, KBA options
Audit Trail: Timestamps, IP, action history
Access Control: Role-based permissions and SSO

Step-by-Step: Prepare and Execute an Offer

Follow these steps to prepare and execute a Real Estate Offer and Contract accurately and efficiently.

  • 01
    Prepare form: Choose local standard contract and fill party details.
  • 02
    Define terms: Enter price, contingencies, and closing date precisely.
  • 03
    Attach addenda: Include disclosures, inspection reports, and financing pre-approval.
  • 04
    Sign & deliver: Obtain signatures, dates, and provide executed copies to stakeholders.

How an Offer Typically Moves Through the Transaction

Typical routing for an offer tracks preparation, signing, acceptance, deposit handling, and closing coordination steps.

  • Draft: Agent or attorney prepares offer using correct form.
  • Signers: Buyer signs; seller countersigns or accepts in writing.
  • Escrow: Earnest money wired to escrow per contract instructions.
  • Closing: Title company coordinates deed, funds, and recordation.

Typical Online Workflow Settings for Offer Execution

Common online workflow settings for completing and routing a Real Estate Offer and Contract within an eSignature platform.

Workflow Field and Configuration Name Configuration
Signature sequence and conditional routing Specify signer sequence and conditional routing
Signer authentication level and method options Email, SMS code, or KBA options
Document expiration and reminder notification schedule Set link expiry and reminder cadence
Required attachments, exhibits, and proof documents Require exhibits, disclosures, and proof of funds

Platform Requirements and Integration Notes

Ensure your eSignature platform meets technical, security, and integration requirements before sending a Real Estate Offer and Contract.

  • File formats: PDF/A, DOCX supported for recordkeeping.
  • Integrations: Works with MLS, title, and escrow systems.
  • Authentication: Multiple signer verification methods available.

Key Dates and Deadlines to Track

Key dates in an offer determine contingency deadlines, inspection windows, and the scheduled closing; missing dates can affect enforceability.

Offer Expiration Date:

Specifies how long the seller may accept the offer.

Inspection Contingency Deadline:

Buyer must remove or waive inspection contingency by this date.

Financing Contingency Date:

Deadline to secure loan commitment or terminate without penalty.

Appraisal Deadline:

Sets date for appraisal delivery and valuation challenges.

Closing Date / Possession:

Date for deed transfer, funding, and possession per contract.

Common Preparation Errors to Avoid

  • Using an incorrect local association form or omitting jurisdictional disclosures leads to enforceability disputes and possible contract rescission.
  • Leaving contingency deadlines blank or vague can allow either party to claim uncertainty and delay closing or terminate the agreement.
  • Failing to attach required exhibits, proof of funds, or seller disclosures often voids the offer or creates title objections.
  • Relying solely on informal verbal acceptance without a signed written acceptance risks unenforceable terms and loss of earnest money.

Penalties and Risks from Inaccurate or Missing Information

Late filing penalties: Potential fines under IRC §6721
Contract breach risks: Earnest money forfeiture or damages
Title defects: Delayed closing and cure costs
Missing disclosures: Civil penalties and rescission risk
Authentication failure: Signature challenge or invalidity
Escrow disputes: Holding delays and legal fees

eSignature Pricing Snapshot for Real Estate Offer Workflows

Side-by-side eSignature plan comparison relevant to executing Real Estate Offer and Contract documents in high-volume brokerage or firm workflows.

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 Varies Varies Varies
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 Varies Varies

Frequently Asked Questions About Offers and Contracts

Answers to common questions when preparing, signing, or submitting a Real Estate Offer and Contract.


Need help? Contact support

be ready to get more
Join over 28 million airSlate SignNow users