The earnest money contract is the document that commits your money. We review or draft it to protect your position before it is too late.
A generic template downloaded from the internet can leave you unprotected and without your money. Every arras clause has real financial consequences.
We define the type of arras that best protects your interests, whether you are buyer or seller, avoiding being locked into a purchase or losing the deposit unfairly.
We include conditions precedent that let you recover the deposit if the bank does not grant financing, protecting your money against banking setbacks.
We know that time is short in a property transaction. That's why we offer an express service: send us the draft arras and we return a report with comments and the corrected version in under 48 business hours.
Review my arras nowSend it to us and we'll review it urgently so you sign with complete security.
Penitential arras allow you to withdraw from the contract by losing the deposit (buyer) or returning it twofold (seller). Confirmatory arras are part of the price and, if one party breaches, the other can demand enforcement or compensation. Choosing wrongly can cost you the deal or your money.
You only recover the deposit if the contract includes a properly drafted condition precedent for non-granting of financing. Without it, you could lose everything paid. That's why reviewing the arras before signing is critical.
Typically between 5% and 10% of the purchase price, although it is negotiable. We help you set an amount that protects you without over-committing your liquidity.
Yes. We offer a review and drafting service for earnest money contracts in under 48 hours so you don't lose the opportunity on the property.