Purchase Price
State the full purchase price, payment schedule, deposit amount (earnest money), and whether seller credits or seller-paid closing costs apply; be specific about currency and adjustment mechanisms.
A clear Indiana Real Estate Purchase Agreement protects both parties by documenting price, conditions, and timelines, reducing disputes and clarifying allocation of closing costs, title responsibilities, and contingencies. Properly drafted agreements also support enforceability in court and streamline the closing process.
Typical users who prepare or sign an Indiana Real Estate Purchase Agreement include brokers, buyers, sellers, and closing attorneys.
State the full purchase price, payment schedule, deposit amount (earnest money), and whether seller credits or seller-paid closing costs apply; be specific about currency and adjustment mechanisms.
List inspection, financing, appraisal, and title contingencies with deadlines, remedy periods, and procedures for waiver or termination; specify notice requirements and required documentation to minimize disputes.
Specify closing date, time, escrow instructions, transfer of possession, prorations of taxes and utilities, recording responsibilities, and any temporary occupancy or rent-back agreements with deadlines and remedies.
Require seller to deliver marketable title, specify title company, identify required title exceptions and survey needs, allocate costs, and set method for resolving title defects before closing.
Attach statutorily required Indiana disclosures, note seller warranties about property condition, environmental matters, compliance with local ordinances, and any known defects or latent conditions in writing.
Provide signature blocks for buyer, seller, and brokers, list exhibits (disclosures, addenda, title commitment), and require dates and initials where needed to confirm review.
| Field | Configuration |
|---|---|
| Signer Identity Authentication Method Options | Email link, SMS code, or KBA |
| Preferred Signature Format Type Selection | Electronic signature or drawn signature |
| Exhibit Attachment File Types Allowed | PDF, DOCX attachments allowed |
| Notification and Reminder Schedule Settings | Email reminders and expiration |
Digital signing requires compatible file formats, signer authentication, and secure transmission to meet ESIGN and UETA 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 plan | Varies by plan | Varies by plan | Varies by plan |
| 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 |
| Document Type Comparison Table for Real Estate | Purchase Agreement | Lease Agreement | Option to Purchase |
|---|---|---|---|
| Primary Purpose | transfer ownership | temporary occupancy | option to buy later |
| Typical Term | one-time transfer | fixed-term occupancy | option period |
| Significant Risks | title & financing risk | tenant liability | nonexercise risk |
| Recording Required | yes (deed) | usually no | sometimes recorded |
State when offer expires and response timeframe
Number of days to complete inspections and deliver objections
Date by which lender must issue financing commitment
Date, time, and conditions for transfer of possession
Deadline to submit deed for county recording and fees
Martin Properties moved to online execution to handle remote buyers and speed closings without sacrificing document compliance.
Optica Ventures adopted eSignatures to simplify investor and client paperwork, while retaining control over templates and approval flows.