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TXR 1942Commercial Contract Critical Date List

This one-page form provides a consolidated checklist of critical dates and deadlines from a commercial real estate contract. It serves as a quick-reference tool so that brokers, buyers, and sellers can track key milestones including the effective date, earnest money deadlines, financing deadlines, t

Source: TXR
Form Number: 1942
Category: Other
Revised: July 8, 2022

Used For

Commercial Sales

Form Outline

The TXR 1942 form is organized into the following sections:

  1. Property and Party Identification
    Identifies the property, seller, and buyer for the contract and provides a liability disclaimer.
  2. Effective Date
    Records the contract effective date from which most other deadlines are measured.
  3. Earnest Money
    Tracks deadlines for delivery of initial and additional earnest money deposits.
  4. Financing
    Tracks financing deadlines from the Commercial Contract Financing Addendum including third-party financing, assumption, and seller financing timelines.
  5. Title Policy, Survey, and UCC Search
    Tracks deadlines for title commitment delivery, survey delivery, UCC search, buyer objections, seller cure, and buyer's response to limited cure.
  6. Feasibility Period
    Tracks the independent consideration payment, property information delivery, and feasibility period expiration deadlines.
  7. Estoppel Certificates
    Tracks the deadline for seller to deliver tenant estoppel certificates.
  8. Closing Date
    Records the scheduled closing date for the transaction.

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Every signed form also feeds Deal Manager: it reads the form's key dates and terms and builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing.

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