Parties
Identify lessor and lessee using full legal names and business entity types, including mailing and physical addresses and contact information; attach officer or authorized signer details if entity is a corporation or LLC.
A Real Estate Space Agreement protects parties by documenting rent, term, permitted uses, maintenance, and remedies. It allocates financial and operational risk, supports financing or insurance processes, and establishes enforceable rights under state law and federal e-signature frameworks when executed electronically.
Typical users include property owners, tenants, brokers, property managers, and attorneys working on leasing, sublease, or license arrangements.
Identify lessor and lessee using full legal names and business entity types, including mailing and physical addresses and contact information; attach officer or authorized signer details if entity is a corporation or LLC.
Specify lease commencement and expiration dates, options to renew or extend, notice periods, early termination conditions, and any rent abatement or holdover provisions.
State base rent, payment schedule, late fees, CAM charges, utilities allocation, security deposit amount, and procedures for rent increases or CPI adjustments and billing.
Define permitted uses, hours of operation, exclusivity clauses, signage rights, environmental restrictions, and compliance with zoning and building codes and tenant obligations.
Allocate responsibility for tenant improvements, construction timelines, landlord allowances, maintenance obligations, repair standards, indemnities, and restoration at lease end.
Specify required insurance types and limits, certificate of insurance procedures, indemnity scope, waiver of subrogation, and who bears deductible costs after losses.
| Workflow Field Configuration Settings Table | Configuration |
|---|---|
| Signer Authentication Method and Options | Email link with optional SMS OTP |
| Field Types and Validation Rules | Signature, initials, date, text, number fields |
| Routing and Signing Order Settings | Sequential or parallel signer routing; set reminders |
| Document Retention and Audit Controls | Store PDF with audit trail and access controls |
Delivery and platform capabilities matter when sharing Real Estate Space Agreements electronically across stakeholders, title companies, lenders, and property teams.
Specify contractual and practical start dates.
State monthly due date and late fee terms.
Specify notice period, method, and timing.
Provide timeline for recording or estoppel responses.
Allow time for in-person or remote notarization.
A two-unit landlord used a tailored space agreement to formalize short-term tenancy, specifying rent, utilities split, and repair responsibilities to avoid habitability disputes.
A growing software firm negotiated tenant improvements and a landlord allowance, tying completion milestones to rent commencement and tenant occupancy rights.
Owners or landlords hold authority to negotiate rent, approve improvements, and execute agreements on behalf of the property; entity signatories should provide evidence of authority, such as corporate resolutions or an officer’s certification.
A tenant’s signatory must have authority to bind the tenant entity or individual; for companies provide title, proof of authorization, and contact information to confirm enforceability and to satisfy lender or title company due diligence.
| 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 (Business Premium) | Yes | Yes | Yes | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Contact vendor regarding BAA | Contact vendor regarding BAA | Contact vendor regarding BAA | Contact vendor regarding BAA |