Rent & Payments
Base rent, percentage rent formula (if any), payment schedule, late fees, and acceptable payment methods including electronic payments.
A well-drafted agreement reduces operational disputes, clarifies cost allocation, protects property value, and makes leasing and financing transactions smoother by documenting obligations for landlord, tenants, and any property managers.
The Commercial Shopping Center Agreement is used by parties who manage, lease, finance, or occupy retail center space.
Each party’s responsibilities and signature authorities should be documented precisely to avoid later disputes and to support third‑party due diligence such as lender underwriting or sale closings.
Typically a corporate officer or authorized agent signs for the landlord entity. That signer should have authority to bind the entity and to execute CAM and maintenance obligations; include title and corporate capacity in the signature block.
An individual with corporate signing authority (officer, partner, or LLC manager) or an authorized individual must sign for the tenant. If the tenant is signing as an agent, attach evidence of agency or corporate authorization.
Base rent, percentage rent formula (if any), payment schedule, late fees, and acceptable payment methods including electronic payments.
Initial term, renewal options, commencement date mechanics, early termination rights, and holdover provisions.
Allocation of common area maintenance, reserve funds, real estate taxes, and reconciliation procedures with required notice periods.
Allowance amounts, construction standards, landlord approval process, and responsibility for obtaining permits and certificates of occupancy.
Permitted uses, prohibited uses, exclusive tenant rights, and signage/parking allocations.
Required insurance coverages, additional insured endorsements, loss allocation, and indemnification obligations between parties.
| Field | Configuration |
|---|---|
| Signature Block | Assign to landlord and tenant with signature + date fields |
| Initials | Place initials on key pages for rent, CAM, TI, and insurance clauses |
| Conditional Fields | Use conditional fields for optional renewals or percentage rent election |
| Authentication | Require email verification or SMS code for external signers |
Choose a platform that provides audit trails, secure storage, and appropriate signer authentication to support enforceability.
Ensure the chosen solution supports the required compliance standards for your industry and provides exportable audit logs and signed PDF/A copies for lender or title review.
Follow negotiated signing date in LOI or lease offer
Defines rent start and tenant improvement timelines
Tenant to finish buildout by agreed milestone
Annual reconciliation typically due within 90 days
Certificates due before each policy expiration
Parties exchange and sign LOI, setting key deal points.
Prepare lease draft and circulate for comments and redlines.
Tenant obtains permits and completes tenant improvements.
Landlord issues notice of commencement; tenant takes possession.
A regional landlord needed remote execution for several tenant leases amid a construction timeline
A small owner used standardized lease exhibits to onboard tenants faster and reduce negotiation cycles
| 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 plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium) | Varies by plan | Varies by plan | Yes | Varies by plan |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |