Purchase Contract
Fully executed purchase agreement including addenda, contingency clauses, and effective date to establish the transaction framework for title and escrow.
A consistent package reduces errors, speeds review cycles, and clarifies responsibilities for each party while aligning with state filing and notary rules.
Typical contributors and reviewers across real estate transactions.
Roles vary by transaction size and state; packages are most valuable when responsibilities are preassigned.
Fully executed purchase agreement including addenda, contingency clauses, and effective date to establish the transaction framework for title and escrow.
Preliminary title report, existing deed references, and exception lists to allow title officers to confirm insurability and cure issues before recording.
State and federal property disclosures, lead-based paint notices if applicable, and any HOA or environmental notices required by law.
Proof of earnest money deposit, lender pre-approval or commitment letters, and payoff statements where required for lien clearance.
Inspection, pest, and survey reports attached as exhibits to support condition representations and contingency resolutions.
Signatory pages with date fields, notarization blocks or remote notarization instructions where permitted, and audit trail metadata.
| Field | Typical Setting |
|---|---|
| Authentication | Email link or SMS code; KBA for added identity proofing |
| Bulk Send | Use bulk-send for mass lease signings (Business Premium tier) |
| Notary | RON where allowed, otherwise in-person notarization required |
| File Format | PDF preferred for recording; accept DOCX for draft collaboration |
Ensure the signing platform supports the integrations and formats used by your stakeholders.
Choose platform settings that preserve audit trails, enable role-based access, and produce recording-ready PDFs.
Typically 24–72 hours unless specified in contract.
Commonly 7–14 days from effective date for buyer inspections.
Often 21–30 days to obtain loan approval or clear conditions.
Closing date set by parties; funding typically same day as closing.
Record deed as soon as funds clear; timing affects priority.
Buyer submits signed offer and initial earnest money.
Inspections and disclosures are completed and resolved.
Lender issues commitment and clears underwriting conditions.
Final documents signed, funds disbursed, and deed recorded.
Local brokerage moved closings online to reduce in-person signings and travel.
A small investor consolidated lease, assignment, and amendment documents into one package for remote investors.
| Criteria | Electronic Signature | Digital Signature |
|---|---|---|
| Definition | any electronic mark | pki-based cryptographic signature |
| Non-repudiation | audit trail evidence | certificate-based evidence |
| Typical Use | contracts, confirmations | high-assurance regulatory records |
| Legal Basis | esign/ueta (15 u.s.c. §7001) | same plus pki standards |
| 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 tier) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No envelope cap | 100 envelopes/user/year limit | Varies by plan | Varies by plan | Varies by plan |
Listing agents commonly prepare the package and coordinate signatures; they ensure seller disclosures and listing attachments are included and finalize the package for delivery to buyer and title.
Title officers review the package to confirm chain of title, request payoff statements or curative documents, and approve recording-ready instruments prior to closing.