Parties
Full legal names and entity designations for buyer and seller with signatory authority documented.
A complete Ohio Purchase Agreement reduces ambiguity about price, contingencies, and closing logistics, limiting dispute risk and clarifying remedies for breach. Properly drafted terms speed title review and recording while protecting earnest money and allocation of closing costs between buyer and seller.
Professionals and private parties use this agreement for residential and commercial real estate transactions in Ohio.
Each participant has distinct responsibilities: agents draft and present terms, buyers confirm financing, and title/closing agents ensure recording and disbursement at closing.
A buyer who is a natural person must sign using the exact legal name shown on government ID; if financing is involved, the buyer must satisfy lender conditions before closing and execute any lender-required documents.
A seller who is an entity must sign through an authorized officer or agent; documentation of authority (corporate resolution or power of attorney) should be attached to prevent post-closing title challenges.
| Field | Configuration |
|---|---|
| Signature | Require per-party signature field; date stamp enabled |
| Initials | Place initials on each page with mandatory completion |
| Attachments | Require title commitment and proof of authority as attachments |
| Authentication | Use email plus SMS code for buyer or lender signers |
Choose a platform that supports PDF/DOCX, audit trails, and common integrations used by your title or closing agent.
Confirm the platform supports notarization workflows if remote or in-person notarization is required, and that audit logs meet your recordkeeping standards.
Specify date/time when the seller may reject unsigned offers
State number of days for inspections and repair negotiations
Set deadline for loan approval or buyer termination rights
Enter MM/DD/YYYY for deed transfer and escrow closing
Include expected recording date and responsibility for fees
Contract becomes binding subject to contingencies and earnest money deposit.
Buyer completes inspections and negotiates repairs or credits.
Buyer secures financing or invokes financing contingency rights.
Parties sign closing documents; deed recorded and funds disbursed.
Full legal names and entity designations for buyer and seller with signatory authority documented.
Complete legal description, address, and any included personal property or fixtures.
Purchase price, earnest money, financing sources, and prorations for taxes and utilities.
Inspection, title, financing, and appraisal contingencies with explicit deadlines and remedies.
Closing date, escrow agent, title company, required deliverables, and expense allocation.
Governing law, dispute resolution, assignment, and disclosures required by Ohio law.
A mid-size brokerage moved closings online to reduce in-person steps and speeding turnarounds.
A real estate investor standardized purchase templates to reduce review time and close offers quickly.
| 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 | Varies | Varies | Varies |
| 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 |