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Real Estate Selections Document

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REAL ESTATE SELECTIONS DOCUMENT

Property Identification

Parties

Selections and Financial Terms

Purchase Price: $     Earnest Money Amount: $

Financing Type (select all applicable):

Inspection Period: days from mutual execution for Buyer to complete inspections and deliver written notice of defects.

Fixtures, Appliances and Conveyances

Included items (check all that convey with the Property):

Homeowners Association (HOA)

HOA Applies:

Closing and Possession

Proposed Closing Date:     Possession to Buyer:

Disclosures

Lead-Based Paint (if applicable):

Mold or Other Hazardous Conditions Known:

Prior Material Damage (fire, flood, structural) Known:

Default, Remedies and Remedies Election

If Buyer defaults, Seller may retain earnest money as liquidated damages:

Parties may seek specific performance and/or damages as permitted by law:

Governing Law and Integration

This Real Estate Selections Document and any related agreements shall be governed by the laws of the state of . This document constitutes the complete and exclusive statement of the parties' selections and supersedes all prior selections and representations.

Additional Provisions

Acknowledgment and Certification

The undersigned certify that the selections and representations set forth in this document are accurate to the best of their knowledge, that selections marked as binding are intended to be incorporated into any corresponding purchase or lease agreement, and that acceptance by the other party in writing will create enforceable obligations consistent with the selections made herein. Each party represents that it has the authority to make the selections indicated.

Seller / Owner - Printed Name:

By:

Date:

Buyer - Printed Name:

By:

Date:

Enter text✕
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What a Real Estate Selections Document Is and When it’s Used

A Real Estate Selections Document records a buyer's or tenant's specific choices for property-related options and allowances — for example finishes, fixtures, appliance packages, upgrades, closing preferences, and optional services. It commonly functions as an exhibit or addendum to a purchase agreement, lease, or construction contract and clarifies obligations, allowances, and timelines tied to those selections. The form reduces ambiguity between parties, documents price adjustments or credits, and becomes part of the binding transaction once signed by the authorized parties and incorporated into the primary agreement.

Why precise selections matter in real estate transactions

A clear selections document prevents disputes, aligns expectations on costs and delivery dates, and helps title, lender and escrow processes proceed without avoidable delays.

Why precise selections matter in real estate transactions

Who completes and relies on a Real Estate Selections Document

Each role requires different review steps; buyers should confirm selections align with contract allowances and builders should confirm lead times and change-order pricing.

  • Buyers and tenants choosing finishes, appliances, or upgrade packages for a purchase or lease.
  • Sellers, developers, or builders documenting standard versus upgraded items and related costs.
  • Real estate agents, escrow officers, and lenders confirming selections before closing.

Step-by-step: completing and integrating the selections document

Follow these sequential steps to complete the selections document and ensure it becomes part of the binding transaction.

  • 01
    Gather reference documents: Collect purchase agreement, allowances, and builder price list.
  • 02
    Record each choice: Enter selection code, description, and dollar amount precisely.
  • 03
    Confirm delivery timing: Set installation dates that match construction and closing schedules.
  • 04
    Sign and distribute: Obtain signatures from authorized parties and provide copies to escrow and lender.

How electronic completion and routing typically flows

A standard e-workflow reduces paper handoffs and captures a persistent audit trail for each signing step.

  • Upload document: Sender uploads the selections PDF or DOCX to the eSignature platform.
  • Place fields: Add signature, date, and conditional choice fields tied to allowances.
  • Add signers: Define signer order and authentication method (email, SMS, KBA).
  • Send and capture audit trail: Recipients sign; platform records timestamps, IP, and actions.

Recommended online workflow settings for Real Estate Selections Document

Configure each setting to match your transaction controls and compliance needs.

Field Configuration
Signature field Required, set role-based signer for buyer/seller/builder
Conditional fields Show upgrade pricing only if 'Upgrade' checkbox selected
Authentication Email link + SMS code for higher-assurance signers
Template reuse Save as template for community or model-home builds

Technical considerations for eSigning and integration

Choose settings that preserve audit trails, permit lawful e-signing under ESIGN/UETA, and integrate with your CRM or escrow systems.

  • Document formats: PDF, DOCX, and fillable forms supported
  • Integrations: Common integrations: Salesforce, NetSuite, Google Workspace
  • Authentication options: Email-only, SMS code, or KBA available

Pricing and capability snapshot for eSignature providers

Compare starting prices and key capabilities relevant to signing Real Estate Selections Documents. signNow is listed first per vendor-comparison conventions.

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 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 by plan Varies by plan Varies by plan

Consequences and risks of incorrect or incomplete selections

Contract disputes: Risk of breach claims
Delayed closing: Closings may be postponed
Loan denial: Mortgage approval may be affected
Title defects: Recording errors create defects
Insurance denial: Coverage disputes for omitted items
Corrective costs: Change-orders and cure expenses

Common mistakes to avoid when preparing selections

  • Leaving allowance fields vague or unspecified, causing pricing disputes.
  • Entering mismatched legal names that conflict with lender or title documents.
  • Omitting delivery or installation dates that affect contingency windows.
  • Failing to attach exhibits or builder price lists referenced by code.

Security and compliance considerations for electronic submissions

Encryption: TLS 1.2/1.3 in transit; AES-256 at rest
Audit Trail: Detailed timestamp and IP logging
Certifications: SOC 2 Type II; ISO 27001
Regulatory Compliance: ESIGN, UETA, 21 CFR Part 11 supported
Privacy Standards: HIPAA available with BAA
Accessibility: WCAG 2.0 Level AA support

Practical tips for fast, accurate completion

Adopt consistent controls and a checklist to reduce rework and speed closing.

Use a standard template
Standardized exhibits reduce interpretation errors and speed lender review.
Pre-validate names and dates
Confirm legal names and use MM/DD/YYYY to avoid data mismatches.
Attach pricing exhibits
Include builder price books or invoices to support allowance calculations.
Keep a single source of truth
Store final signed versions in escrow, lender, and project folders.

Representative real-world examples

Two brief examples illustrate how selections documents are executed and integrated into transactions.

Martin Properties

Tim Martin used an online selections exhibit to record upgrades for a spec home

  • Selections were tied to allowance credits and installation dates to coordinate subcontractors
  • The signed exhibit reduced on-site disputes and provided escrow with a single verified record for closing and post-closing follow up.

Optica Ventures LLC

Optica recorded tenant improvement selections for a commercial lease using a fillable selection addendum

  • Each choice referenced an invoice line for quicker accounting
  • The final signed document served as the invoice attachment and sped tenant move-in coordination with facilities.

Digital signing workflow checklist

Checklist of digital signing actions to ensure a compliant and auditable signing session.

  • Upload and tag: Upload document and place signature/initial/date fields
  • Configure authentication: Choose signer authentication (email, SMS, or KBA)
  • Send and monitor: Dispatch signing request and monitor completion status
  • Archive with audit trail: Store signed copy with certificate of completion

Frequently asked questions and troubleshooting

Answers to common questions about validity, signing, and recordkeeping for Real Estate Selections Documents.


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