Parties
Full legal names and entity types for buyer, seller, and any guarantors; include authorized signer names and titles to confirm signature authority.
A Sunrise Agreement clarifies core terms early, reduces misunderstandings, and documents interim commitments that protect deposit funds and set enforceable deadlines before final closing documents are prepared.
The Sunrise Agreement is used by buyers, sellers, landlords, tenants, brokers, title companies, escrow officers, and real estate attorneys as an early-stage binding framework.
Use early execution of the Sunrise Agreement to reduce downstream negotiation friction and to document agreed interim remedies and notice procedures.
An authorized individual or entity signatory who provides earnest money or initial deposit and accepts contingencies; often represented by a broker or attorney to confirm financing and inspection timelines.
An authorized signatory who agrees to the stated terms and schedules, directs escrow or title company actions, and retains obligations to disclose known property conditions until closing.
Full legal names and entity types for buyer, seller, and any guarantors; include authorized signer names and titles to confirm signature authority.
Precise street address, parcel or legal description, and any unit or suite identifiers used to ensure the correct property is referenced for title searches and recording.
Purchase price or rent, deposit amount and handling, prorations, and whether amounts are refundable under defined contingencies such as inspection or financing.
Inspection, financing, appraisal, and title objections with explicit deadlines and cure periods to define when each contingency is satisfied or waived.
Anticipated closing date, closing agent or escrow holder, allocation of closing costs, required deliverables, and recording responsibilities.
Default remedies, dispute resolution method, governing law, and notice provisions including how and where notices must be sent.
Use secure e-signature platforms that preserve an audit trail and support required authentication levels for the transaction.
Confirm platform encryption, retention, and audit capabilities before e-signing so the executed agreement is admissible and reproducible if needed.
Date the agreement takes effect and triggers contingency clocks.
Specify last date to complete inspections and notify seller of objections.
Date by which buyer must obtain loan approval or waive financing contingency.
Target date for deed delivery, funds transfer, and recording.
Date by which the deed and mortgage must be presented for recording.
Parties sign the Sunrise Agreement and deposit earnest money.
Escrow/title opens and the title search begins.
Inspections, lender conditions, and title objections get cleared.
Final documents executed, funds transferred, and documents recorded.
Tim Martin used a Sunrise Agreement to consolidate deposit and contingency terms early in the process, reducing office visits.
Optica Ventures used the Sunrise Agreement to standardize pre-closing exhibits across investor purchases, cutting ambiguity in deposit handling.
| 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 trial, no credit card required | Varies | Varies | Varies | Varies |
| 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 |