When is the date of agreement to sell typically recorded?

The recording of the date of agreement to sell typically occurs when the buyer and seller enter into a contract. This is when both parties formally agree on the terms of the sale, which includes the price and other essential conditions. The contract signifies a mutual understanding and commitment to proceed with the sale, making it a crucial benchmark in the transaction process.

Recording this date is significant for multiple reasons, including establishing timelines for contingencies, inspections, and potential closing dates. All subsequent actions related to the transaction, such as financing arrangements and inspections, are often initiated from this point.

In contrast, the other options correlate with different stages in the real estate transaction process. Accepting a financial offer may initiate discussions but does not finalize the agreement. The date of closing is relevant for title transfer and payment but follows the contract agreement, and the timing of when the buyer moves in is often contingent on the closing date or other arrangements made in the contract, rather than marking the actual agreement to sell.