Purchase Price
State the agreed dollar amount, deposit schedule, and whether adjustments (credits or prorations) apply. Specify currency and payment method, including escrow instructions and deadlines for deposit release, to prevent closing delays.
Real Estate Purchase Forms standardize key terms, reduce negotiation ambiguity, and document contingencies required for closing. Accurate forms protect buyer and seller interests, support title transfer, and facilitate lender underwriting. Electronic execution speeds processing while preserving legal enforceability under ESIGN and state law.
Typical users who prepare, review, or sign Real Estate Purchase Forms include buyers, sellers, real estate agents, lenders, and title or escrow officers.
Attorneys, mortgage brokers, and title agents often review forms for legal, underwriting, and closing compliance before final execution.
State the agreed dollar amount, deposit schedule, and whether adjustments (credits or prorations) apply. Specify currency and payment method, including escrow instructions and deadlines for deposit release, to prevent closing delays.
List inspection, financing, appraisal, and title contingencies with explicit cure periods and notice requirements. Define who pays for repairs and the process for terminating under unmet contingencies.
State the intended closing date, allowable extensions, and consequences for missed deadlines. Include possession terms, prorations effective date for taxes and utilities, and escrow closing instructions.
Identify title company, required title evidence, and deed type (warranty, special warranty, quitclaim). State seller obligations to deliver marketable title and provide a closing affidavit where required.
Attach state and federal disclosures (lead paint, material defects, HOA rules). Include dates delivered and buyer acknowledgment lines and seller certification where required to meet statutory notice obligations.
Specify earnest money holder, escrow account instructions, disbursement conditions, and closing statement formats. Clarify wire transfer procedures and fraud-prevention verifications, including beneficiary names and bank routing confirmation requirements.
| Field | Configuration |
|---|---|
| Template Selection | State-specific template with fillable fields |
| Signer Order | Set buyer then seller sequential signing |
| Authentication | Email + SMS code or KBA if required |
| Notifications | Automated reminders and expiration alerts |
Electronic submission of Real Estate Purchase Forms requires compatible file types, signer authentication, and secure storage.
Date funds due to escrow per contract.
Typically 7–17 days; varies by contract and state.
Date to remove financing contingency and provide loan approval.
Date when title transfers and possession may occur.
Time allotted to clear title issues before recording.
Contract becomes binding subject to contingencies.
Buyer inspects property and requests repairs or credits.
Lender issues final approval and clears financing contingency.
Sign documents, fund transaction, and record deed.
Martin Properties adopted electronic forms to eliminate in-person signings and streamline closings across agents and clients.
Optica Ventures replaced paper workflows with e-forms to reduce administrative burden and clarify transaction records.
| 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 | Trial availability varies by vendor and plan | Trial availability varies by vendor and plan | Trial availability varies by vendor and plan | Trial availability varies by vendor and plan |
| Bulk Send | Yes, available on Business Premium | Yes, available on business plans | Yes, available on business plans | Yes, available on business plans | Varies by plan and account |
| Audit Trail | Yes, full audit trail and timestamp | Yes, full audit trail and timestamp | Yes, full audit trail and timestamp | Yes, full audit trail and timestamp | Yes, full audit trail and timestamp |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | Limits (100 envelopes/user/year) | Varies by plan | Varies by plan | Varies by plan |