TREC Contract Timeline Tracker

The date the last party signs or accepts the contract. All deadline calculations begin from this date.

The buyer has an unrestricted right to terminate the contract for any reason during this period (typically 5–10 days, but negotiable). The option fee must be delivered to the seller within 3 days of the effective date.

Earnest money must be delivered to the title company within the timeframe specified in the contract (typically 3 days). Seller's disclosures are sent and buyer acknowledgment is obtained.

Buyer schedules and completes the home inspection. If repairs are needed, a Repair Amendment must be executed before the option period expires.

The title company delivers the title commitment to the buyer. The buyer reviews Schedule B exceptions and may object to title issues.

The survey is delivered and reviewed. The buyer may object to any survey matters not previously approved.

The buyer must obtain written loan approval by this date. The lender orders the appraisal, which typically must come in at or above the contract price.

If the property is in an HOA, the resale documents must be requested and delivered. The buyer has a set number of days to review and potentially object.

The lender must deliver the Closing Disclosure to the buyer at least 3 business days before closing. The buyer reviews final loan terms and closing costs.

Buyer conducts a final walkthrough to verify the property condition and confirm any agreed repairs were completed.

Buyer and seller sign closing documents, funds are disbursed, and ownership transfers. Keys are typically handed over at closing.