Property Under Contract Form Template
Streamline Your Real Estate Sales Process Easily
Keeping track of real estate transactions can be overwhelming, especially when you need clear updates for all parties involved. This Property Under Contract Form Template helps you streamline communication between buyers and sellers, ensuring everyone stays informed throughout the buying process. By using this template, you benefit from organized documentation, reduced misunderstandings, increased transparency, and a more efficient closing process. Experience a stress-free real estate sale with our live template at your fingertips.
When to use this form
Use this form the moment both parties sign a purchase agreement. It helps you capture the contract date, price, earnest money, contingencies, deadlines, and who is responsible for each task. Listing agents, buyer agents, and transaction coordinators use it to centralize details, assign follow-ups, and avoid missed dates. Buyers and sellers benefit from clear expectations and fewer surprises before closing. If you still need to prepare the agreement itself, start with the Real estate purchase form. If terms change after inspections or appraisal, log updates and route a new Real estate counter offer form. The result: one simple workflow that keeps your deal on schedule and gives everyone the same source of truth.
Must Ask Property Under Contract Questions
- What is the executed contract date and the agreed closing date?
These dates set every downstream deadline, from inspections to loan approval. Capturing them early lets you schedule reminders and keep the timeline realistic.
- What is the purchase price, earnest money amount, escrow holder, and due date?
These details confirm that funds are secured and reduce disputes at closing. Knowing the escrow holder and due date lets you verify receipt and chase delays.
- Which contingencies are in place and what are the due dates?
Listing each contingency (inspection, appraisal, financing, title) clarifies your go/no-go points and helps you escalate issues early. If value is in question, you can request a Real estate broker price opinion form to support negotiations.
- Who are the buyer, seller, and all key contacts (agents, lender, title/escrow, attorney)?
Clear contact info speeds signatures, disclosures, and updates. It also avoids stalls when someone is out of office.
- What repairs, credits, or concessions are agreed, and who will pay and by when?
Documenting scope, amounts, and deadlines prevents last-minute disputes. It also ensures the terms make it onto the settlement statement.
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