Write and Negotiate the Offer
Step 4: Confirm Binding Agreement
Once all parties have signed, the contract becomes binding. Confirming the binding date ensures all deadlines are calculated correctly and communicated clearly.
Pro Tip
Send a summary email: binding date, timelines, next steps.
Recommended Tools & Resources
Send a binding date confirmation email with next steps.
Use these records to verify contract execution time.
Training Box
- Any party may bind the agreement, but it should be the last party to receive the fully executed contract.
- Calculate all deadlines immediately. The binding agreement date = Day 0 for all timelines
- Upload executed documents and confirmation to DTR.
- Notify lender and attorney immediately after binding.
Daily Activity Plan
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