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Agreement For The Purchase And Sale Of Real Form

Use a Agreement For The Purchase And Sale Of Real template to make your document workflow more streamlined.

What this purchase agreement does

Agreement For The Purchase And Sale Of Real Form records the parties’ agreement to transfer real property under stated terms. It generally organizes the buyer, seller, property, purchase price, contingencies, closing terms, disclosures, and signatures, but the exact fields depend on the form version and state practice. With signNow, upload the document, review automatically detected fillable fields, assign fields to each signer, send it electronically, and retain the completed PDF with its audit trail. State law may require additional disclosures, witnesses, notarization, or recording for particular property documents.

Features for purchase agreements

These features address the parties, property terms, signatures, and evidence typically needed when completing a real estate purchase-and-sale agreement electronically.

Field detection

Upload the purchase-and-sale agreement and review automatically detected fields before adding or correcting signature, date, and initials fields.

Signer routing

Assign buyers, sellers, brokers, or attorneys to specific fields and preserve the intended signing order for the transaction.

Reusable templates

Use reusable templates for recurring property transactions while keeping party-specific terms editable before sending.

Audit trail

Capture timestamps, signer actions, and document history in an audit trail linked to the completed agreement.

Mobile signing

Let parties review and sign from a desktop or supported mobile app without coordinating a shared in-person appointment.

Record storage

Store the completed agreement with its audit trail so the transaction file includes both the signed document and signing evidence.

Complete the agreement in four steps

Prepare the purchase-and-sale agreement, assign every required signer, and preserve the completed record with its signing history.

  • Upload and review:

    Upload the agreement, then review detected fields and add missing signature fields.
  • Add signers:

    Enter each buyer’s and seller’s email address in the required signing order.
  • Send for signing:

    Send the agreement for electronic signatures after confirming parties, dates, and property terms.
  • Store records:

    Check the completed agreement and audit trail, then store both records securely.

Recommended agreement workflow setup

Configure the purchase agreement around signer identity, transaction evidence, secure transfer, and the retention rule applicable to the record.

SettingRecommendation
Authentication methodEmail verification with SMS OTP
Signature typeElectronic signature with signer intent
Audit trailRetain timestamps, actions, and signer evidence
Document retentionApply the transaction’s state and industry schedule
EncryptionUse TLS 1.2 or 1.3 and AES-256
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Integrations for property transaction workflows

Connect agreement signing with Salesforce, NetSuite, Microsoft 365, Google Drive, Box, Egnyte, Procore, or other supported systems to reduce duplicate entry and organize completed transaction records.

Salesforce
Procore
Zapier
Microsoft Teams
Hub spot
Box
Microsoft

Platforms for signing the agreement

Complete Agreement For The Purchase And Sale Of Real Form through Chrome, Firefox, Safari, or Edge on Windows or macOS. signNow also provides mobile apps for iOS and Android, allowing parties to review and sign the agreement away from a desktop.

  • Web browsers Chrome, Firefox, Safari, and Edge on Windows and macOS
  • Mobile apps signNow mobile app for iOS and Android
  • Document capture Camera capture on iOS and Android devices

Organizations should verify managed-device policies, camera permissions, and network access before collecting a photographed agreement. Teams using API workflows, SSO, or regulated records should confirm the required signNow plan, identity controls, retention policy, and certificate or long-term-validation configuration before deployment.

Legal standing of the agreement

An electronically signed purchase-and-sale agreement can be enforceable when the parties show intent, consent, attribution, and reliable record retention. ESIGN, 15 U.S.C. chapter 96, and applicable state law, including UETA or New York’s ESRA, support electronic records. Wills, court filings, and certain family-law documents remain excluded.

Why teams look for DocuSign alternatives

Document retention schedule

Choose the retention rule based on the transaction’s record category, industry, and state requirements; a purchase agreement itself has no universal federal retention period.

01

Three years: tax records

Retain federal transaction records three years from filing under IRC §6501(a), unless another rule applies.
02

Six years: major understatement

Retain records six years when income understatement exceeds 25%, under IRC §6501(e).
03

Six years: HIPAA records

Retain HIPAA-related records six years from creation or last effective date, under 45 CFR §164.530(j).
04

Three years: payroll records

Retain payroll records three years under 29 CFR §516.5 when the agreement supports payroll documentation.
05

Five years: injury records

Retain OSHA injury records five years following the relevant year under 29 CFR §1904.33.

Best practices for this agreement

Use a controlled review process because property terms, signer identity, state requirements, and evidence preservation affect the agreement’s usefulness after signing.

Verify every property and payment term

Before sending, compare the uploaded agreement with the approved transaction version. Confirm property identifiers, purchase price, contingencies, closing date, disclosures, and every signer field. Do not rely solely on automatic field detection; a misplaced field can leave a material term unsigned.

Assign each party’s fields explicitly

Use distinct signer roles for buyer, seller, broker, and attorney when the agreement requires their signatures. Set the signing order deliberately, confirm each email address, and require SMS OTP where stronger attribution is appropriate for the transaction.

Preserve the agreement and audit evidence

Export the completed agreement and audit trail together after final signing. Record the transaction identifier, completion date, and storage location, then restrict access to personnel handling the real estate file or related legal review.

Document the governing retention rule

Apply the retention period required for the record’s actual category and jurisdiction. Federal rules may not control the contract itself, while state recording, tax, lending, or industry requirements can impose longer periods.

Compare signing options and plans

signNow pricing and capabilities are shown first; competitor figures remain unverified where the supplied vendor data does not establish them.

FeaturessignNowDocuSignAdobe SignPandaDocDropbox Sign
Starting price$8/user/month annually, Business planNot verifiedNot verifiedNot verifiedNot verified
Free trial7 days, no credit card requiredNot verifiedNot verifiedNot verifiedNot verified
Bulk sendingBusiness Premium includes bulk sendNot verifiedNot verifiedNot verifiedNot verified
Audit trailIncluded with Business planNot verifiedNot verifiedNot verifiedNot verified
HIPAA complianceAvailable with required BAANot verifiedNot verifiedNot verifiedNot verified

Troubleshoot agreement signing issues

Resolve field, signer, legal-scope, and plan questions before the purchase agreement is circulated for signature.

Business includes legally binding eSignatures, templates, mobile apps, and audit trails at $8 per user per month when billed annually. Confirm required fields, signer routing, and the agreement version before sending; the plan price does not replace state-specific legal review.

Yes, an electronic signature may support a purchase agreement when intent, consent, attribution, and record retention are established. ESIGN, 15 U.S.C. chapter 96, and applicable state law provide the framework, but deed acknowledgment or recording requirements may still apply separately.

If automatic field detection misses a signature or date field, open the uploaded agreement in the editor and place the required field manually. Assign it to the correct buyer, seller, or other signer before sending the document.

Business Premium is $15 per user per month annually and includes bulk send, kiosk mode, request payments, and quick invite links. Bulk send helps when the same agreement workflow serves multiple transactions, but each document still requires transaction-specific review.

HIPAA compliance is relevant only when the workflow handles protected health information, and a business associate agreement is required. A real estate purchase agreement ordinarily does not become a HIPAA record merely because it is signed electronically.

For wills, court filings, family-law decrees, and other ESIGN exclusions, do not assume electronic signing is sufficient. Deeds may require notarization and recording under state law. Confirm the transaction’s state requirements with the relevant recorder or qualified attorney.

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