NYC TRANSACTION TOOL
Build the deal sheet.
Keep the deal moving.
Turn an accepted offer into a clear handoff for the buyers, sellers, brokers and attorneys. Complete the fields once, then create a branded PDF, a formatted Excel workbook or a data-only CSV.
THE ATTORNEY HANDOFF
The accepted offer is the decision.
The deal sheet is the record.
A New York City real estate deal sheet summarizes the business terms and contact information agreed upon after an offer is accepted. It gives the attorneys a clean starting point for preparing and reviewing the contract.
It is not the purchase contract and does not make the transaction binding. Until contracts are negotiated, signed and delivered, the parties should continue to rely on their attorneys for legal guidance.
FREE DEAL SHEET BUILDER
Enter the terms once.
Choose the finished format.
This public tool works entirely in your browser. ELIKA does not save or receive the information you enter. Avoid Social Security numbers, bank-account numbers and other unnecessary identifiers.
DEAL SHEET 101
What belongs in an NYC deal sheet?
The goal is not to recreate the contract. It is to give every professional the same concise record of the accepted business terms and the people responsible for moving the transaction forward.
Property and parties
Property address, apartment number, property type, corporation or condominium name, buyer and seller names, and their current contact addresses.
Professional contacts
Both attorneys, both brokers, the managing agent and closing contact, including firm names, email addresses, phone numbers and applicable license numbers.
Accepted terms
Purchase price, financing, target closing date, maintenance or common charges, taxes, assessments, flip tax, shares or common elements, storage and commission terms.
Negotiated details
Mortgage or inspection contingencies, inclusions and exclusions, fixtures, furniture, pets, timing requirements and any other point the attorneys must address.
WHAT HAPPENS NEXT
From accepted offer to contract drafting.
The listing agent typically starts the deal sheet, the buyer's agent supplies or confirms the buyer-side details, and the completed record is circulated to the parties' attorneys.
- 01
Offer accepted
The parties agree on price and principal business terms, subject to contract.
- 02
Deal sheet completed
The brokers confirm the property, party, attorney and transaction information.
- 03
Attorneys receive the file
The seller's attorney prepares the proposed contract and rider; buyer's counsel begins review.
- 04
Due diligence proceeds
Offering-plan materials, building financials, house rules and other property records are reviewed before signing.
IMPORTANT DISTINCTION
A deal sheet records the accepted offer.
It does not create a binding sale.
In New York, an accepted offer generally remains non-binding until the attorneys complete their review and a written contract is signed and delivered. Terms can still change during attorney review, due diligence or contract negotiation.
Use the deal sheet as a coordination document. Legal questions, contract language and transaction-specific obligations should be handled by the parties' New York real estate attorneys.
FREQUENTLY ASKED
NYC deal-sheet questions.
Who usually prepares the deal sheet?+
The seller's listing agent generally starts it. The buyer's agent then provides or verifies the buyer-side information before the document is circulated.
Is the deal sheet legally binding?+
No. It is a transaction summary used to help the attorneys prepare and review the proposed contract. The attorneys should confirm the legal effect of every term.
Should a deal sheet include Social Security or bank-account numbers?+
No. Do not place Social Security numbers, bank-account numbers or other unnecessary sensitive identifiers on a deal sheet.
Can I revise the document after downloading it?+
Yes. Keep this page open to revise the entries and create a new PDF or CSV. ELIKA agents can use the private Deal Desk when the record must be saved and resumed later.
RELATED TRANSACTION TOOLS
Prepare the offer and the file behind it.
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