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Template guide

Purchase agreement

Records a sale and its conditions. Often has more than two parties and an order they have to sign in.

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  • Recipients

    3

    In routing order, below

  • Fields

    6

    5 of them required

  • Payment at signature

    Usually

    Collected in the signing session

Routing

Who signs it

In the order they should receive it.

  1. Buyer

    Signs first and pays any deposit.

  2. Seller

    Counter-signs.

  3. Agent or broker

    Receives a copy without blocking completion.

Fields

The fields it needs

Assign every field to the recipient who has to fill it in. A field with no owner is the most common reason a document comes back unfinished.

FieldWho fills itRequired
SignatureBuyer and sellerYes
Full nameBuyer and sellerYes
Purchase priceSellerYes
Closing dateSellerYes
InitialsBuyerYes
DepositBuyerOptional

Payment

Take the money at the signature

A deposit taken at signature turns a signed intention into a committed sale.

How payments work

Before you send

What to get right

  • Add the agent as a copy recipient, not a signer. A copy recipient is notified and never holds the document up.
  • Sequence it so the seller counter-signs last.

Templates

Related documents

Import standard forms from your workspace’s shared catalogue

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