Parties
Full legal names for each party, including business entity type when applicable, to ensure enforceability and accurate title searches.
A well-drafted agreement reduces disputes, clarifies obligations, and documents timelines for inspections, financing, and closing. Clear terms also protect both buyer and seller or landlord and tenant by allocating risks and establishing remedies in case of breach.
Parties should ensure the signatory has authority to bind the entity and verify identity and capacity before executing the agreement.
Full legal names for each party, including business entity type when applicable, to ensure enforceability and accurate title searches.
Postal address, legal description or parcel number, and included appliances or fixtures so the subject of the contract is unambiguous.
Price, deposit/holdback amounts, rent schedule, acceptable payment methods, and consequences for late or missed payments.
Inspection, financing, appraisal, clear title, and any seller or landlord repair obligations with explicit cure periods and deadlines.
Effective date, inspection window, financing deadline, closing date, and recording deadlines to coordinate performance and statutory notices.
Signature blocks for all parties with printed name, title (if entity), date, and a witness or notarization section where required by state law.
| Workflow Field | Configuration |
|---|---|
| Assign Signers | Add signer email addresses and set signing order. |
| Required Fields | Mark name, signature, date, and key disclosures required. |
| Authentication | Enable email link or SMS code signer verification. |
| Audit Trail | Capture timestamps, IP, and completion certificate. |
Ensure the selected solution can produce tamper-evident signed PDFs, store the audit trail, and meet any industry-specific compliance such as HIPAA or 21 CFR Part 11 where applicable.
Date when rights and obligations begin; use MM/DD/YYYY format.
Commonly 7–14 days; state whether calendar or business days apply.
Set a firm date to remove financing contingency to proceed to closing.
Date and time for escrow closing and fund transfer.
Specify when deed or instrument will be submitted for county recording.
Tim Martin, Founder, Martin Properties: The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers.
Brian Fitzgibbons, COO, Optica Ventures LLC: The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers.
| 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 | Varies | Varies | Varies |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies | Varies | Varies |