Legal Description
A precise metes-and-bounds or lot-and-block description copied from the current deed or title report; required for correct recording and title insurance issuance.
A well-prepared form reduces closing delays, minimizes title defects, clarifies obligations, and creates a single authoritative record for recording and tax reporting. Completeness supports enforceability and eases processor review at title companies and county recorders.
Typical participants include buyers, sellers, licensed brokers, closing agents, title officers, and mortgage lenders who each contribute or review specific sections before closing.
Roles vary by transaction; commercial sales may add attorneys and corporate signatories while residential closings commonly involve title companies and lender representatives.
| Field | Configuration |
|---|---|
| Signing Order | Sequential or parallel based on lender and escrow requirements |
| Authentication | Email+SMS or ID verification for high-value transfers |
| Conditional Fields | Show/hide financing clauses when mortgage is indicated |
| Final Archive | Save PDF/A with audit trail to cloud storage |
Choose delivery channels that match signatory access, compliance needs, and recording requirements.
Integrations with cloud storage and closing platforms streamline distribution and archival while preserving audit trails and signer metadata.
A precise metes-and-bounds or lot-and-block description copied from the current deed or title report; required for correct recording and title insurance issuance.
Clear numeric and written purchase price plus allocation of deposits, escrow payments, and any seller credits to avoid accounting or tax reporting confusion.
List financing, inspection, and title objection deadlines with specific calendar dates to create enforceable cure periods and termination rights.
Specify which party pays taxes, HOA dues, transfer taxes, recording fees, and escrow charges to avoid settlement disputes at closing.
Identify deed form (general warranty, special warranty, quitclaim) and any express reservations, easements, or exceptions to be conveyed or retained.
Include printed names, titles for corporate entities, and signature blocks; indicate if notary or witnesses are required for recording in the jurisdiction.
Date when contract obligations and contingencies begin
Set by agreement; triggers transfer and recording steps
Record promptly after closing to preserve priority with county recorder
Seller supplies W-9 to closing agent upon request
IRS reporting occurs per applicable forms and filing deadlines
| 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 trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Tim Martin moved to digital execution to streamline closings and preserve audit logs.
A venture real estate operator standardized templates and routing to reduce errors.