Premises
Precise description of the building area being leased, including square footage, address, suite numbers, parking rights, and any excluded spaces to prevent boundary disputes.
A clear written lease allocates risk, fixes financial terms, and documents repair and access obligations. It reduces disputes by specifying rights and remedies, provides evidence for enforcement, and clarifies exit and renewal conditions.
Various parties rely on a building lease to govern occupancy and operations.
Each signer should confirm authority to enter the lease and, where required, attach corporate resolutions or proof of signing authority.
A property manager will often prepare and execute leases on behalf of the landlord, manage tenant move-ins and repairs, and collect rent; ensure the manager has written authorization or a management agreement to sign leases if not the named owner.
A tenant signatory (owner, officer, or authorized representative) binds the tenant entity to obligations such as rent, maintenance, and indemnity; verify corporate authorization and use exact legal entity names to avoid enforceability issues.
| Field | Configuration |
|---|---|
| Signer Authentication | Email verification plus optional SMS code or ID check. |
| Signing Order | Choose sequential or parallel signing as required. |
| Reminders and Expiry | Enable automatic reminders and set an expiration date. |
| Storage Destination | Save executed copies to cloud storage or CMS. |
Ensure the signing platform supports required formats, authentication, and secure storage before e-signing.
Verify audit trail capture (timestamps, IP, actions) and retention policies before finalizing signatures.
Precise description of the building area being leased, including square footage, address, suite numbers, parking rights, and any excluded spaces to prevent boundary disputes.
Start and end dates, early possession or holdover rules, and renewal or extension options with clear notice and exercise windows to avoid unintended renewals.
Base rent, payment schedule, accepted payment methods, late fee mechanics, escalation formulas, and net vs. gross rent definitions for clarity on operating expense allocation.
Allocation of repair responsibilities, common area maintenance obligations, and standards for timely remediation to preserve the building and limit disputes over wear and tear.
Required liability and property insurance types and limits, certificates of insurance, additional insured requirements, and waiver of subrogation clauses where applicable.
Events of default, cure periods, remedies including termination, and recovery of damages to ensure predictable enforcement and mitigate litigation risk.
| 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 | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Martin Properties standardized lease templates for rapid execution across portfolios
A venture-backed operator adopted a template-based lease to reduce negotiation time