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Lease Agreement

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LEASE AGREEMENT

The parties agree as follows:

Date of this Lease:
Parties to this Lease and addresses:

Landlord:

Address for notices:

You, the Tenant:

Address:

If there are more than one Landlord or Tenant the words “Landlord” and “Tenant” used in this Lease include them.

Term:

1. years    months: beginning:

ending:

Premises rented:
Rent:

3. The yearly rent is $ as follows:

You, the Tenant, will pay this yearly Rent to the Landlord,

Agreement to lease and pay rent:

4. Landlord leases the Premises to you, the Tenant, for the Term. You, the Tenant, agree to pay the Rent and other charges as required in the Lease. You, the Tenant, agree to do everything required of you in the Lease.

Default:

5. If you, the Tenant, fail to pay the Rent, or any part of the Rent when it becomes due, the Landlord may sue you for it, or re-enter the Premises, or use any legal remedy.

Taxes:

6. The agrees to pay all taxes to be assessed on the Premises during the Term.

End of the Term:

7. You, the Tenant, agree that at the end of the Term you will surrender the Premises in as good condition as now, except for ordinary wear and damage by the elements.

Successors:

8. Unless otherwise stated, the Lease is binding on all parties who lawfully succeed to the rights or take the place of the Landlord or you, the Tenant.

Changes:

9. This Lease can be changed only by an agreement in writing signed by the parties to the Lease.

Quiet enjoyment:

10. Landlord agrees that if you, the Tenant, pay the rent and are not in default under this Lease, you, the Tenant may peaceably and quietly have, hold and enjoy the premises for the Term of this Lease.

The parties have signed this lease as of the date at the top of the first page.

LANDLORD:

You, the TENANT:

WITNESS:

GUARANTY OF PAYMENT

Date of Guaranty:
Guarantor and address:

Reason for Guaranty:
Guaranty:

2. The following is my Guaranty:

I guaranty the full performance of the Lease by the Tenant. This Guaranty is absolute and without any condition. It includes, but is not limited to, the payment of rent and other money charges.

In addition, I agree to these other terms:

Changes in Lease have no effect:

3. This Guaranty will not be affected by any change in the Lease, whatsoever. This includes, but is not limited to, any extension of time or renewals. The Guaranty will bind me even if I am not a party to these changes.

Waiver of notice:

4. I do not have to be informed about any default by Tenant. I waive notice of nonpayment or other default.

Performance:

5. If the Tenant defaults, the Landlord may require me to perform without first demanding that the Tenant perform.

Waiver of jury trial:

6. I give up my right to trial by jury in any claim related to the Lease or this Guaranty.

Changes:

7. This Guaranty can be changed only by written agreement signed by all parties to the Lease and this Guaranty.

GUARANTOR:

WITNESS:

STATE OF    COUNTY OF ss. :

On before me personally appeared

to me known and known to me to be the individual(s) described in and who executed the foregoing Lease, and duly acknowledged to

to me that executed the same.

Enter text✕

What a Lease Agreement Is and When it Applies

A Lease Agreement is a written contract that sets the terms under which a landlord grants a tenant the right to occupy real property for a specified period. It defines the parties, premises, rent, security deposit, term, permitted uses, maintenance responsibilities, and remedies for breach. For leases longer than one year, many U.S. jurisdictions require a written contract under the Statute of Frauds; the document also establishes the record that courts use to resolve disputes and enforce rights.

Why a Clear Lease Agreement Matters

A clear Lease Agreement reduces ambiguity about rent, term, repairs, and exit rights; it allocates risk, supports lawful evictions and collections, and creates evidence for dispute resolution while protecting both landlord and tenant under state and federal law.

Why a Clear Lease Agreement Matters

Who Typically Prepares and Signs Leases

Typical preparers include landlords, property managers, real estate brokers, and legal counsel. signNow user distribution shows high adoption in Real Estate (15), Healthcare (11), Finance (9), and Legal services (6).

  • Individual landlords and small portfolio owners who manage tenant contracts and payments.
  • Property management firms handling multiple units, renewals, and standardized lease templates.
  • Commercial tenants, brokers, and corporate real estate teams negotiating terms and amendments.

Parties who need reliable signature capture, retention, and audit records rely on a formal lease to document rights, responsibilities, and remedies during the tenancy.

Core Sections to Include in a Professional Lease Agreement

A comprehensive lease groups related terms so parties can find obligations quickly. These six features form the backbone of most residential and commercial leases.

Parties

Identify the full legal names of landlord and tenant, and note any business entity type or authorized agent responsible for execution and notices.

Premises

Describe the physical address, unit or suite number, included parking or storage, and boundaries or shared/common area access rights.

Term

State the lease start and end dates, renewal options, holdover terms, and early termination conditions.

Rent & Payments

List rent amount, due date, acceptable payment methods, late fees, returned-check fees, and where payments should be delivered.

Security Deposit

Specify deposit amount, permitted uses, interest (if required), conditions for withholding, and statutory return timeline.

Maintenance & Repairs

Allocate responsibility for routine maintenance, emergency repairs, alterations, and compliance with safety codes and building rules.

Essential Information to Collect in the Lease

Party Names: Full legal names
Contact Details: Phone and email
Premises Address: Street, unit, ZIP
Term Dates: Start and end
Rent Amount: Monthly or periodic
Security Deposit: Amount and rules

Step-by-Step: Filling Out a Lease Agreement

Follow these sequential steps to prepare a complete, enforceable lease that minimizes later disputes.

  • 01
    Gather documents: Collect IDs, ownership documents, and prior lease records before drafting.
  • 02
    Enter basics: Fill parties, premises, term, rent, and deposit fields first.
  • 03
    Add clauses: Include utilities, maintenance, pets, and insurance provisions as needed.
  • 04
    Sign and retain: Obtain signatures, date the document, and save copies for all parties.

Configuring a Digital Lease Workflow

Set up a consistent signing workflow to ensure each lease follows the same approval and signature sequence.

Field Configuration
Template Use a reusable lease template to standardize fields and clauses.
Signing Order Specify whether landlord or tenant signs first; set sequential or parallel signing.
Authentication Require email, SMS code, or additional verifier depending on risk.
Reminders & Deadline Set automatic reminders and an expiration date for unsigned documents.

Where Completed Leases Should Be Sent

After all parties sign, route the final Lease Agreement to the right recipients and records so obligations and notices can be enforced reliably.

  • Landlord: Primary copy retained by landlord or property manager.
  • Tenant: Provide tenant a signed copy for their records.
  • Agent or Broker: Send to any broker or leasing agent involved in the transaction.
  • Records: Store a secure central copy for dispute and compliance purposes.

Technical Considerations for Digital Signing

Choose a platform that supports common file formats, secure storage, and required authentication methods for legally binding signatures.

  • File Formats: PDF and DOCX compatibility
  • Authentication Options: Email, SMS code, or stronger methods
  • Integrations: CRM, OMS, and cloud storage support

Common Risks and Consequences of Incomplete or Incorrect Leases

Invalid Terms: Ambiguous clauses can be unenforceable
Deposit Disputes: Improper handling risks statutory penalties
Eviction Delays: Missing notice provisions delay remedies
Insurance Gaps: Failure to require insurance increases exposure
Regulatory Fines: Noncompliance with local housing law incurs fines
Privacy Breaches: Improper handling of tenant data risks liability

Frequent Preparation Errors to Avoid

  • Using informal or inconsistent templates that omit essential terms such as maintenance responsibilities and late fee mechanics.
  • Entering abbreviated or mismatched party names that make the document hard to enforce or match to IDs.
  • Failing to attach addenda (pet policy, lead paint disclosure) required by state or federal law.
  • Neglecting to set precise payment methods, due dates, and grace periods which lead to collection disputes.

Real-World Examples of Digital Lease Workflows

These brief client examples illustrate how digital signing and standardized leases reduce friction in property transactions.

Martin Properties — Tim Martin, Founder

Martin Properties standardized leases and moved execution online for all units.

  • Team used mobile and offline signing during showings.
  • I can process and execute all of these documents online with 100% compliance and built-in security, enabling faster turnarounds and fewer missed signatures.

Optica Ventures — Brian Fitzgibbons, COO

Optica deployed a single lease template for multiple properties.

  • Focused on tenant onboarding speed.
  • The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers, reducing execution time and clarifying tenant obligations.

Deadlines and Timeframes to Build into Your Lease

Include clear dates and timing rules to avoid conflicts and ensure statutory obligations are met.

Rent Due Date:

Specify day each month and grace period.

Security Deposit Return:

State timelines vary; commonly 14–60 days after termination.

Notice to Vacate:

Define required notice period for tenancy termination.

Repair Response Time:

Set landlord repair windows for emergencies and routine fixes.

Document Retention:

Retain signed lease according to retention policy.

eSignature Vendor Comparison for Executing Leases

Summary comparison of common eSignature options. signNow is listed first in the table per platform conventions; consult vendor pages for full plan details.

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, no credit card Varies by vendor Varies by vendor Varies by vendor Varies by vendor
Bulk Send Yes (Business Premium) Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes (BAA available) Yes Yes No No
Envelope Cap No envelope cap 100 envelopes/user/year Varies by plan Varies by plan Varies by plan

Frequently Asked Questions About Lease Agreements

Answers to common questions about drafting, signing, and enforcing Lease Agreements in the United States.


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