Parties
Full legal names and entity types for all signatories, including registered agent information where an entity is involved, to ensure enforceability and consistent title records.
A clear TenFore Agreement reduces ambiguity about possession, obligations, and remedies, and supports title clarity when recorded. It creates a contract record that can be enforced in court and integrated with closing and escrow workflows while aligning with electronic signature laws.
The TenFore Agreement is completed by stakeholders who manage, convey, or supervise interests in real property and related financial obligations.
A named owner or secured lender executes the agreement to establish rights against the property; they must ensure accuracy of legal name, mailing address, and signatory authority to prevent future title disputes or recording rejections.
A property manager or authorized agent signs to accept operational duties and payment terms; confirmation of written agency authority and consistent names across documents prevents claims of unauthorized execution.
| Field | Configuration |
|---|---|
| Signature field | Place for each signer; require date field. |
| Authentication | Email + SMS code or stronger KBA as needed. |
| Routing order | Set signer order to match approval flow. |
| Attach exhibits | Include property exhibits as separate attachments. |
Full legal names and entity types for all signatories, including registered agent information where an entity is involved, to ensure enforceability and consistent title records.
Complete address and recorded legal description or parcel number, plus any unit or suite identifiers, so the recorder and title companies can locate and index the document correctly.
Explicit term dates or triggering events (forfeiture, default, foreclosure timeline) with notice periods and cure rights to reduce litigation risk and ambiguity.
Precise payment amounts, due dates, late fees, and escrow instructions; identify accepted payment methods and address tax allocation if applicable.
Define lender or owner remedies on default, procedures for notice, repossession or sale, and any rights to cure or mediation requirements before enforcement.
Specify whether the agreement will be recorded, the party responsible for recording costs, and where the executed instrument should be returned after recording.
Short warranties about authority, absence of conflicting encumbrances, and truth of material facts; these statements support remedies and indemnities if false statements cause losses.
Name the state law that governs interpretation and enforcement; choose the jurisdiction tied to the property to avoid conflicts with venue and local recording rules.
Provide methods and addresses for formal notices, including email consent where permitted and the physical address for mailed notices required by statute.
A merger clause stating the agreement is the full understanding between parties prevents reliance on prior informal communications and simplifies dispute analysis.
Finalize contract language before routing to signers.
Set a firm date for all signatures to be collected.
Record with county within required period if agreed.
Return recorded copy to stakeholders and update title records.
Provide a W-9 upon request; no fixed federal deadline exists for delivery to payer.
Retain I-9 forms for 3 years after hire or 1 year after termination, whichever is later (8 CFR §274a.2).
Individual federal return due April 15 (Form 1040) unless extended by Form 4868.
Issue Form 1099-NEC to recipients by Jan 31 when required.
Keep transaction records per federal and state retention rules, especially for tax and escrow accounting.
| Criteria | TenFore | Lease |
|---|---|---|
| Purpose | collateral or conditional interest | possession and occupancy |
| Recording | often recorded | rarely recorded |
| Notarization | often required | not typically required |
| Typical remedies | title/foreclosure rights | eviction and damages |
| 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 vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes | Yes | Yes | Yes | Varies |
| HIPAA Compliant | Yes | Yes | Yes | Varies | Varies |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |