Offer Terms
State purchase price, earnest money, payment method, and proposed closing date so the seller can evaluate economic and timing terms.
A complete Offer and Disclosure reduces negotiation friction, clarifies obligations, and helps avoid later disputes by documenting material facts and deadlines under applicable state law and federal protections.
The Offer and Disclosure is completed by buyers and sellers and routinely prepared or reviewed by their agents and attorneys.
Each party has distinct responsibilities: sellers must disclose known issues; buyers must investigate and meet deadlines to preserve contract rights.
State purchase price, earnest money, payment method, and proposed closing date so the seller can evaluate economic and timing terms.
Specify deposit amount, escrow holder, deposit deadline, and conditions under which funds are refundable or forfeited.
List inspection, financing, appraisal, and title contingencies with clear cure periods and removal or termination steps.
Include state-mandated disclosures on defects, lead-based paint (if applicable), hazard zones, and known environmental issues.
Detail which fixtures, appliances, and personal property are included or excluded from the sale to avoid later disputes.
Set the offer expiration, allowable seller responses (accept, counter, reject), and the method and timing for communicating acceptance.
| Field | Configuration |
|---|---|
| Required Fields | Mark name, price, and effective date as mandatory |
| Conditional Fields | Show financing fields only if financing contingency checked |
| Signer Order | Define sequence: buyer signs then seller |
| Authentication Method | Choose email link, SMS code, or KBA as needed |
Ensure the eSignature platform supports legal retention, audit trails, and file formats required for enforceability.
Use a platform that preserves an audit trail (timestamps, IP addresses), supports document export, and offers optional notarization or RON where state law permits.
Seller's stated deadline to accept or counter
Typically within 3–5 business days of acceptance
Often 7–14 days after acceptance
Matches lender approval timeline
Agreed date when ownership transfers
| Criteria | Real Estate Offer & Disclosure | Purchase Agreement |
|---|---|---|
| Binding on Acceptance | conditional until acceptance | binding upon mutual assent |
| Includes Disclosures | yes, combines seller disclosures | may reference disclosures separately |
| Typical Use | initial negotiations and offers | final contract for closing |
| Amendments | often updated by counteroffers | executed amendment or addendum |
| 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 (Business Premium) | 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 |