Party Identification
Full legal names and entity types for each signatory, including DBAs and EINs when applicable; essential to match title and tax records to avoid recording or tax issues.
The Real Estate Specific Party Agreement reduces disputes about authority, improves chain-of-title clarity, and documents consent and delivery methods that affect enforceability. It creates a single, signed record of parties, their capacities (individual, trustee, corporate officer), and accepted communications channels for notices and closing logistics.
This agreement is completed when multiple named parties need explicit recognition in a transaction or when an agent or signatory acts for an entity.
Use this form whenever the transaction involves more than one decision-maker, a non-individual party (LLC, trust), or when the parties want clear delivery and notice mechanics documented.
Full legal names and entity types for each signatory, including DBAs and EINs when applicable; essential to match title and tax records to avoid recording or tax issues.
Statement of each signer’s capacity (owner, trustee, officer, authorized agent) plus documentation required to prove authority, such as corporate resolution or trust certificate.
Designated mailing and electronic addresses, attention lines, and methods for service of notices; specify whether email or RON is acceptable for official notices.
Clear effective date for obligations and deadlines; establishes commencement for cure periods, escrow instructions, and statute of limitations calculations.
Individual sign lines with printed name, title or capacity, date, and space for notarization or witness statements if required by jurisdiction.
Reference exhibits such as authority documents, corporate resolutions, property legal descriptions, or power of attorney forms that validate signatory authority.
| Field | Configuration |
|---|---|
| Signer Order | Set sequential or parallel routing per transaction needs |
| Authentication | Choose email link, SMS code, or knowledge-based verification |
| Attachments | Require upload fields for authority documents and IDs |
| Audit Trail | Enable timestamp, IP capture, and completion certificate |
Confirm platform capabilities and authentication before using e-signatures for this agreement.
Ensure the chosen provider supports an audit trail, secure storage (AES-256), and any required HIPAA or industry compliance when sensitive data is included.
Use MM/DD/YYYY; governs start of obligations and cure timelines.
Complete notarization before document submission for recording.
Record promptly after closing to protect priority and title interests.
Retain originals per regulatory and lender requirements.
Match closing dates to relevant tax year reporting obligations.
Confirm signature blocks and notary acknowledgment text are present.
Notary verifies government ID or uses approved RON identity-proofing.
Arrange required number of witnesses in jurisdictions that mandate them.
Sign in presence of notary and witnesses as required.
Notary completes acknowledgment and seal or RON certificate.
Retain A/V recording where RON statutes require it.
Submit notarized instrument to title/recording office promptly.
Store notarized copy and journal entry for required retention period.
| 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 | Varies | Varies |
Optica used a party agreement to clarify investor and manager roles prior to closing.
Martin Properties completed party agreements for new tenant onboarding and management assignment.