What goes in it
- buyers and sellers, and the property
- purchase price and deposit
- the signing date and the expected closing (30, 45, 60 or 90 days out)
- cash or mortgage; with a mortgage, the loan amount, the highest rate the buyer will accept, the term and the commitment date
- lawyers and brokers on both sides, items included and excluded, and any extra terms
State extras
- New York: closing time and place, and the escrowee
- New Jersey: the kind of deed at closing, the additional deposit date and lot size
- Pennsylvania: school district, seller assist and the acceptance deadline
- Florida: as-is or standard contract, escrow agent, home warranty or inspection period
- Illinois: attorney modification days and inspection days
Buyer and seller sign without a notary. A contract of sale is an agreement between the parties, not something filed against the land.
How it works
- Create it online. Answer plain-English questions and the contract is drafted for you.
- Sign and keep it. This document is not recorded with the county; it is signed and kept with your papers.
Questions
Frequently asked
What goes in it?
The parties, price, deposit, signing date, expected closing (30, 45, 60 or 90 days), cash or mortgage, and with a mortgage the loan amount and the highest rate the buyer will accept.
Does it change by state?
Yes. New York, New Jersey, Pennsylvania, Florida and Illinois each add their own questions.
Is it recorded?
No. A contract of sale is an agreement between buyer and seller, not something filed against the land.