Ratification is the point where your purchase contract becomes binding. Before it, you can negotiate and withdraw. After it, the clock and the obligations start.
How a contract is ratified in Virginia
Per Virginia REALTORS guidance, the seller accepts by signing and delivering the signed acceptance to the buyer or buyer’s agent. The “Date of Ratification” is the delivery date. The agent signature page is informational.
Why the date matters
- Your deposit delivery clock runs from ratification. See earnest money risk.
- Your contingency deadlines are counted from the same date. Miss one and the protection can disappear. See how to void a contract.
- You can no longer simply pull out. See withdrawing an offer.
After ratification: do this the same day
- Confirm the ratification date in writing.
- Calendar the deposit date and every contingency deadline.
- Deliver the deposit and keep proof.
- Book your inspection and lender steps right away.
Offer, counter, ratified
A signed offer is not a ratified contract. Until the seller accepts and delivers the signed acceptance, you are still negotiating. If you are competing, see how escalation clauses work.
Part of our guide to making an offer in Virginia.
Talk to Glenn and Gift before you sign
Questions about your offer or contract? Call 703-707-0334 or send us your question.
General information for Northern Virginia buyers, not legal advice. Your contract controls, so read it and ask before you act.
