Purchase Price
Defines the total consideration, deposit schedule, and any allocation between real and personal property to clarify tax reporting and lender requirements.
Clear sale conditions reduce disputes, speed closings, and specify contingencies such as financing or inspection. Electronic execution is generally enforceable under the ESIGN Act (15 U.S.C. §7001) and UETA (adopted by most states), subject to statutory exceptions and state recording requirements.
Understanding these roles helps ensure the document contains the right details, routes correctly for signatures, and meets recording or lender requirements.
The listing agent drafts or assembles the sale conditions, communicates seller preferences, and coordinates buyer responses. They ensure condition deadlines match the MLS and that contingencies are stated clearly to protect the seller and enable timely counteroffers.
The title officer reviews recorded encumbrances, prepares title instructions and closing documents, and confirms whether the deed and sale conditions meet county recording standards. They advise on required acknowledgements, settlement statements, and final issuance of title insurance.
Defines the total consideration, deposit schedule, and any allocation between real and personal property to clarify tax reporting and lender requirements.
Specifies deposit amount, escrow instructions, conditions for refund or forfeiture, and the party authorized to release or retain funds.
Lists inspection, financing, appraisal, and title contingencies with explicit cure periods and procedures for termination or extension.
Directs title company, seller's obligations to clear encumbrances, required insurance, and instructions for final settlement and disbursement.
Seller and buyer promises about authority, no undisclosed liens, property condition, and any material facts affecting value or use.
Outlines remedies for breach, including specific performance, forfeiture of deposit, or termination procedures to enforce rights efficiently.
State-specific disclosure forms regarding known material defects, environmental hazards, lead paint, and other mandated seller statements required at closing.
Shows current encumbrances, liens, easements, and required curatives; used to draft title insurance commitments and cure obligations.
When provided, a survey confirms boundaries and easements; lenders often require recent surveys or lender's inspections before funding.
If property is in an association, attach bylaws, covenants, and fee statements to disclose obligations and transfer requirements.
| Field | Configuration |
|---|---|
| Signer Order | Sequential or parallel |
| Authentication | Email, SMS code, or KBA |
| Conditional Fields | Show fields only when triggered |
| Attachments Required | Title report, ID uploads |
Choose a platform that supports common formats, secure transport, and the authentication level required by the transaction.
Signer verifies ID by credential or KBA.
Record session when RON is used.
Notary executes acknowledgement on deed.
Provide required witness attestations where mandated.
Notary retains journal entry per state rules.
Send notarized deed to county recorder.
Recorder verifies form and fees before acceptance.
Keep signed copies and audit trail for disputes.
Due per contract, commonly within 3 business days.
Typically 10–17 days to complete inspections and responses.
Often 21–30 days for loan approval and underwriting.
Fixed MM/DD/YYYY when funds and documents must complete.
Recorder acceptance varies; expect 1–10 business days post-closing.
Tim Martin streamlined closings with online execution and secure storage.
Brian's team adopted digital signing to simplify counteroffers and approvals.
| 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 | 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 |