Property Description
Provide precise metes-and-bounds, parcel or tax ID, and recorded instrument references; inaccuracies can lead to recording rejection or title disputes and additional surveying costs.
A Real Estate Conjunctional Agreement reduces ambiguity about shared rights, allocates liability and expenses, and creates a recordable framework that protects parties and third-party interests. It helps lenders, title companies, and future purchasers understand encumbrances and priorities while making enforcement and dispute resolution more predictable under state property law.
Typical users include property owners, developers, homeowners associations, and lenders who need documented shared rights and obligations.
Use counsel for complex terms; record the agreement where required to provide public notice and protect lien and priority interests.
The owner or managing partner signs in their corporate or individual capacity. Include printed name, title, and capacity (for example, 'Member' or 'Trustee'), and attach corporate resolution or proof of authority when an entity signs.
A designated agent or attorney-in-fact may sign on behalf of a party when a valid power of attorney is attached. Ensure the POA specifically authorizes real property agreements and that any state witnessing or notarization requirements are satisfied.
| Field | Configuration |
|---|---|
| Signer Order | Parallel or sequential signing order |
| Authentication | Email, SMS code, or KBA verification |
| Notarization | Enable RON or plan for in-person acknowledgment |
| Document Output | Export PDF/A with audit trail for recording |
Choose a signing platform that supports required authentication, output formats, and the integrations your team uses.
Export a signed PDF with an audit trail and any required acknowledgments to meet recorder or lender submission rules.
Provide precise metes-and-bounds, parcel or tax ID, and recorded instrument references; inaccuracies can lead to recording rejection or title disputes and additional surveying costs.
Identify each party with legal entity name, address, and capacity (owner, trustee, manager) so signers and title companies can verify authority.
Specify cost-sharing formulas, schedule for routine maintenance, allocation for capital repairs, billing procedures, and remedies for nonpayment to reduce disputes.
Document rights of ingress, egress, parking, and utility access with precise limits and mapping references to avoid ambiguous usage claims.
Include negotiation timelines, mediation or arbitration clauses, and choice-of-law provisions to streamline conflict resolution and control litigation costs.
State whether the instrument will be recorded, include acknowledgement language, and explain effects on lien priority and notice to lenders or successors.
Enter as MM/DD/YYYY to fix performance and notice timelines.
Complete signatures before construction or use milestones to avoid disputes.
Record promptly after execution to preserve priority against subsequent purchasers.
Notify encumbering lenders per loan documents to address consent requirements.
Retain payment and assessment records for applicable tax reporting periods.
Parties agree on terms and confirm legal descriptions prior to signature routing.
All parties sign in the required capacities, with attached proof of authority as needed.
Obtain notary acknowledgment per state rules, or complete RON session where allowed.
Record with county recorder and send recorded instrument copies to lenders and titled parties.
| Criteria | Conjunctional Agreement | Purchase Agreement |
|---|---|---|
| Primary purpose | coordinate use/rights | transfer ownership |
| Recording requirement | often recorded | recorded at closing |
| Typical parties | owners, hoas, developers | buyer and seller |
| Effect on title | creates encumbrance/rights | changes ownership record |
| 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 plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Tim Martin used digital execution for property agreements to speed closings and ensure compliance.
Optica Ventures standardized templates and e-sign workflows for joint-use agreements to reduce drafting time.