Parties
Full legal names and entity types for guarantor, beneficiary, and primary obligor; include state of formation for entities.
A guaranty provides an additional recovery source for landlords and lenders and enables transactions where the primary obligor lacks sufficient credit history. It clarifies obligations, remedies, and timing for enforcement.
The Real Estate Guaranty Agreement is used by multiple parties across real estate and finance workflows.
Clear role definition and properly executed signatures reduce disputes and speed enforcement when a default occurs.
A landlord or lender is the beneficiary named to receive payment or performance if the primary obligor defaults. The beneficiary must identify the secured obligations and provide written notice procedures; clear contact information streamlines enforcement and collections.
A corporate guarantor signs on behalf of an entity and should be an authorized officer with capacity to bind the guarantor. Corporations should attach board resolutions or officer certificates when required to confirm signature authority and avoid challenges to enforceability.
Full legal names and entity types for guarantor, beneficiary, and primary obligor; include state of formation for entities.
Specify whether guaranty is limited to certain obligations or unlimited; list covered contracts, dates, and dollar caps if any.
State effective and termination dates; include events that extend or accelerate obligations such as defaults or assignment.
Describe remedies on default, acceleration rights, collection costs, attorneys' fees, and waiver provisions.
Define required notice methods, delivery addresses, and cure periods to satisfy procedural prerequisites before enforcing the guaranty.
Include signature blocks, capacity statements, notarization or witness lines when required for recording or stronger enforcement.
| Field | Configuration |
|---|---|
| Signer Order | Specify sequential or parallel signing to match negotiation workflow. |
| Reminder Schedule | Set automated reminders at configurable intervals until signing completes. |
| Authentication Method | Choose email link, SMS code, or stronger KBA depending on risk level. |
| Upload Format | Accept PDF or DOCX; use PDF/A for long-term archiving. |
Electronic execution is widely accepted under ESIGN and UETA, but platform features matter for legal robustness.
| 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 (available on Premium tiers) | Yes (plan dependent) | Yes (plan dependent) | Yes (plan dependent) | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |