Submitting an offer on Bōde begins the negotiation process, but it does not create a legally binding contract on its own. An offer only becomes binding once both the buyer and the seller have signed the final Purchase Contract. Until signatures are completed by both parties, all terms, including price, possession date, and conditions, are still considered proposals.
Once fully executed, the contract becomes legally enforceable. At that point, both parties are expected to perform the obligations they agreed to.
Bōde’s platform ensures that signatures occur in the correct order, that no mandatory clauses are omitted, and that both parties receive confirmed, timestamped records of execution. This reduces ambiguity and helps maintain compliance throughout the transaction.