Scope
Detailed description of work, specifications, and deliverables; incorporate plans or exhibits by reference to avoid ambiguity and disputes.
A well-drafted Real Estate Project Agreement clarifies responsibilities, limits disputes, preserves lien rights, and sets objective triggers for payments and change orders. It protects parties by documenting approvals, milestones, and risk allocation under applicable state contract and construction law.
Primary users range from property owners and project managers to contractors, architects, and real estate attorneys involved in a construction or renovation engagement.
Each signer should confirm authority to bind the party and check state-specific notarization or witness requirements before signing.
The entity funding the project and approving budgets. Responsible for paying contractors per agreed milestones, issuing change orders, and maintaining insurance coverage where specified. Must ensure the signatory has corporate authority.
The general contractor or authorized representative who accepts scope, warranty obligations, and lien waiver terms. Responsible for subcontractor management and for providing certificates of insurance and performance bonds if required.
Detailed description of work, specifications, and deliverables; incorporate plans or exhibits by reference to avoid ambiguity and disputes.
Milestones, completion date, allowable delays, and liquidated damages or extensions; tie payment triggers to verifiable progress.
Contract sum, retainage, invoicing frequency, required backup documentation, and accepted payment methods including conditions for release of funds.
Procedure for proposing, pricing, approving, and documenting changes; include timeframes and dispute-resolution steps for disputed changes.
Procedures for interim and final lien waivers, mechanic’s lien protection, and required evidence for waiver releases tied to payments.
Required coverages, additional insured language, indemnity scope, and limits tied to party roles and local statutory requirements.
Select a signing platform that preserves the contract PDF, audit trail, and any embedded exhibits or attachments for long-term retention.
Ensure your chosen platform supports required features such as notarization (RON where allowed), audit logs, and secure storage to meet legal and retention obligations.
| Field | Configuration |
|---|---|
| Signer Order | Sequential or parallel depending on approvals |
| Authentication | Email link, SMS code, or stronger methods |
| Attachments | Include plans and insurance certificates |
| Notifications | Automatic reminders and completion emails |
| 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 cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
A regional developer used an online agreement to close tenant improvement projects quickly and maintain compliance.
A property manager standardized project agreements using templates and e-signatures to reduce errors.