Plain-language guide

How a typical 9LOTS parcel purchase works

This page explains the general purchase process in plain language. It is not legal advice. Buyers should review the final agreement carefully and consult their own attorney or title professional if needed.

1. Review the parcel and the template agreement

Start by reviewing the parcel listing, asking price, acreage, and the sample/template purchase agreement so you understand the deal structure before committing.

2. Sign the purchase agreement

If you want to move forward, buyer and seller sign a purchase agreement covering the parcel, price, deposit, due-diligence window, title process, and closing timeline.

3. Send the deposit to the closing attorney or escrow holder

The deposit is held in the closing process. It is not paid directly to the seller.

4. Use the due-diligence period to do your homework

Vacant land requires careful checking. Buyers should investigate access, utilities, soil/site questions, and other parcel-specific concerns. The property is generally sold as-is, where-is.

5. Review the title search

A title search is ordered through the closing process. If the agreement allows a qualifying objection, the buyer must raise it in time.

6. Prepare the rest of the funds for closing

If the buyer proceeds after due diligence and title review, the balance must be ready in cleared funds before closing and recording.

7. Close the transaction

Closing may happen in person or remotely/mail depending on the deal setup.

8. Deed is recorded and ownership transfers

After the closing attorney or escrow holder receives cleared funds, the deed is recorded and ownership transfers after recording.

Important practical points

The land is sold as-is.
Title review matters.
Mineral or gas rights may be reserved or excluded.
The public-facing agreement is a template/example, not a final parcel-specific contract.

Next step

If a parcel looks interesting, review the sample agreement template and contact Erastus to ask questions about the parcel, pricing, and next steps.

Review the template agreement Email Erastus