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determining the binding agreement date lets take a look at a sample scenario buyer jane makes an offer to purchase on monday to seller joe seller joe signs the offer on tuesday but joes agent doesnt deliver notice of acceptance until friday what is the binding agreement date is it tuesday or friday friday because friday is when notice of acceptance was actually delivered its important that we timely relay all signed documents to the other party and also confirm receipt when receiving documents gar form f-124 binding agreement date notification or re-265 notice of acceptance date is perfect for sending notice of receipt of an acceptance has a binding agreement actually been formed a binding contract is only formed when it has been signed by both parties and a fully executed copy of the same is delivered back to the party who made the last offer or counter offer that was accepted the binding agreement date is very important as most time periods and contingencies in the contract are