Parties and recitals
State full legal names, entity types, and the transaction purpose. Include company formation details or authority certs when a party is an entity, and attach proof of signing authority where required.
A clear Real Estate Commercial Contract reduces ambiguity, sets enforceable expectations, and protects financial interests. Electronic execution is legally recognized under the federal ESIGN Act (15 U.S.C. ch. 96) and state UETA statutes where adopted, but specific notarization or recording rules may still apply.
Commercial transactions involve multiple professional roles that rely on a standard contract framework.
Each stakeholder uses the contract for different risks and approvals, so coordinate review with counsel, title, and lender requirements before final signature.
A property owner or asset manager signs to grant possession, set rent and operating expense obligations, and accept tenant performance covenants. They must ensure legal entity authority, verify title status, and confirm any mortgages or lender consents before executing.
A corporate tenant signs to accept lease restrictions, payment schedules, and improvement obligations. The signer should be an authorized officer or agent and provide evidence of corporate authority and correct legal entity name to avoid enforceability issues.
State full legal names, entity types, and the transaction purpose. Include company formation details or authority certs when a party is an entity, and attach proof of signing authority where required.
Provide the exact legal description, parcel ID, address, and any excluded areas or easements. Attach plats, surveys, or exhibits referenced for precise boundary and improvement detail to avoid conveyance disputes.
Define lease length, renewal options, base rent, rent escalation method, operating expense allocation, and timing of payments to eliminate ambiguity in financial obligations.
Set the purchase price, deposit amount, escrow terms, payment schedule, and conditions for release of funds. For leases, state security deposit rules and permitted uses with refund timing.
List seller/landlord and buyer/tenant assurances regarding authority, legal compliance, environmental condition, liens, and tax status; allocate cure or indemnity responsibilities for discovered defects.
Specify events of default, notice and cure periods, landlord remedies, buyer’s indemnities, deposit forfeiture, and whether specific performance is available as a remedy.
| Field | Configuration |
|---|---|
| Signing order | Sequential signing required for lender and title approval |
| Authentication | Email link plus optional SMS code for signer verification |
| Notary option | Support for RON or in-person notarization where state law allows |
| Final delivery | PDF copy with audit trail to all parties and title company |
Choose a platform that supports required file formats, integrations, and authentication methods.
Match platform capabilities to lender, title, and internal IT policies; confirm any BAA or 21 CFR Part 11 needs before exchanging sensitive records.
Date contract becomes binding and triggers obligations
Window for inspections, surveys, and title review
Deadline for loan commitment or termination right
Scheduled date for transfer, settlement, and recording
Target for deed/mortgage filing to preserve priority
Offer signed and acceptance communicated; escrow and deposit initiated.
Inspections, environmental reports, and title objections are resolved or waived.
Loan commitment obtained and conditions cleared for closing.
Funds exchanged, documents signed, deed and mortgage recorded at county recorder.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes (Business Premium) | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies | Varies | Varies |