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Lease Agreement Dated September 15, 2004

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OPTION TO PURCHASE ADDENDUM
TO RESIDENTIAL LEASE AGREEMENT

This Option to Purchase Addendum to Residential Lease Agreement is entered into by and between hereinafter referred to as "Lessor", and hereinafter referred to as "Lessee".

For the valuable considerations described below, the sufficiency of which are hereby acknowledged, Lessor and Lessee do hereby covenant, contract and agree as follows:

1. GRANT OF LEASE: Lessor does hereby lease unto Lessee and Lessee does hereby rent from Lessor the personal residence located at as described in the Residential Lease Agreement signed on and attached hereto.

2. OPTION TO PURCHASE: Lessee is hereby given an option to purchase the leased premises at any time after up to the date of termination of this lease for a purchase price of $ payable in cash at closing. This option to purchase shall be exercised by Lessee by giving () days notice in writing to Lessor. Within () days after Lessee has exercised this option as herein above provided, a contract of sale shall be executed by Lessor and Lessee, and the sale will be pursued to closing per the terms of said contract. During the duration of the Option, Lessor may not offer the premises for sale to any person except Lessee.

3. ASSIGNMENT OR TRANSFER: Lessee shall not have the right or power to transfer, assign or sublease this option or any provision thereof without the express written consent of Lessor.

4. HEIRS AND ASSIGNS: It is agreed and understood that all covenants of this option shall succeed to and be binding upon the respective heirs, executors, administrators, successors and assigns of the parties hereto, but nothing contained herein shall be construed so as to allow the Lessee to transfer or assign this lease in violation of any term hereof.

5. ENTIRE AGREEMENT: This agreement contains the entire agreement between the parties hereto and neither party is bound by any representations or agreements of any kind except as contained herein.

***

WITNESS THE SIGNATURE(S) this the day of

LESSOR

LESSOR

LESSEE

LESSEE

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What the Lease Agreement Dated September 15, 2004 Is

The Lease Agreement Dated September 15, 2004 is a legally binding contract that sets the terms for occupancy of specified real property between a landlord and tenant. It identifies the parties, describes the premises, fixes the lease term and rent, allocates maintenance responsibilities, and states remedies for defaults. For many jurisdictions, written leases govern obligations like security deposits, notice periods, and repairs; some clauses may be subject to state landlord–tenant statutes. This guide explains required fields, completion steps, state variations, and secure eSigning options.

Why this dated Lease Agreement matters

A dated lease establishes the effective start of rights and obligations, clarifies rent schedules and notice triggers, and creates a fixed record for disputes, insurance, and tax treatment. Using the exact dated form avoids ambiguity about when the lease term begins or when statutory deadlines run.

Why this dated Lease Agreement matters

Who typically completes this Lease Agreement

Property owners, property managers, tenants, and real estate attorneys commonly prepare or review dated lease agreements before occupancy.

  • Property managers and landlords who need a written record of terms and money owed, with attachments for disclosures and rules.
  • Individual tenants signing to secure possession, establish rent obligations, and preserve rights to return of security deposit.
  • Real estate attorneys or brokers reviewing lease provisions for compliance with state law and municipal housing codes.

Common signer roles

Landlord / Property Manager

The landlord or property manager signs to establish rent, permitted uses, maintenance obligations, and enforcement mechanisms. They ensure lease language aligns with state landlord–tenant statutes and local ordinances and typically retain the executed original for records and potential legal proceedings.

Tenant / Occupant

The tenant signs to accept the premises, rent schedule, and rules. Tenant signatures create obligations for timely payment, care of the property, and compliance with notice procedures for repairs and lease termination; tenants should confirm identity and names match IDs and payment records.

Essential components of the Lease Agreement Dated September 15, 2004

A professional lease includes standardized sections so obligations and remedies are clear. Below are the common, material components that define rights, payment mechanics, and dispute resolution.

Parties

Full legal names and entity types for landlord and tenant, including business DBAs and authorized signers, to ensure enforceability and correct service of notices.

Premises

A precise description of the leased property by street address, unit number, and any included parking or storage, plus permitted uses and any exclusions.

Term

Start and end dates using MM/DD/YYYY, renewal options, holdover rules, and proration method for partial months or early move-ins.

Rent and Payments

Monthly rent amount, due date, acceptable payment methods, late fees, returned-check fees, and whether utilities are included or billed separately.

Security Deposit & Fees

Deposit amount, location of trust or escrow, interest requirements where applicable, allowable deductions, and the timeline for return after termination.

Maintenance & Repairs

Responsibilities for repairs, routine maintenance, notice procedures for defects, and liability for tenant-caused damage, with remedies for noncompliance.

Step-by-step: filling and executing the dated lease

Follow these steps in order to prepare an enforceable, dated lease that minimizes disputes and complies with common state requirements.

  • 01
    Prepare draft: Complete parties, premises, term, and rent fields accurately.
  • 02
    Review laws: Check state landlord–tenant statutes for required disclosures and deposit limits.
  • 03
    Sign and date: All parties sign using the date format specified and initial each page if required.
  • 04
    Distribute copies: Provide signed copies to each party and retain originals per retention policy.

How to configure an online completion workflow for the lease

Set up a digital workflow to collect signatures, reminders, and copies while preserving an audit trail for the dated lease.

Field Configuration
Signature Field Assign signer role and required flag
Authentication Use email + optional SMS code for signer verification
Reminders Set automated reminders for unsigned documents
Delivery Enable PDF copy to all parties after completion

Where the completed dated lease goes next

Understand standard routing from preparation to storage so responsibilities and proof of delivery are clear.

  • Owner Copy: Landlord retains executed original or certified PDF
  • Tenant Copy: Tenant receives a dated signed copy for records
  • Accounting: Copies forwarded to accounting for deposit and rent setup
  • Legal File: Retain copy with lease addenda and notices

Digital signing and platform needs for the dated Lease Agreement

Choose a signing platform that provides audit trails, secure storage, and options for stronger signer authentication when required.

  • Integrations: Salesforce, NetSuite, Microsoft 365
  • File formats: PDF and DOCX supported
  • Authentication: Email, SMS, and advanced options

Key dates and notice timelines tied to the dated lease

Several dates and statutory notice periods are commonly triggered by the lease effective date; track them carefully.

Rent Due Date:

Monthly date specified in lease

Security Deposit Return:

State-dependent timeframe after termination

Repair Notice Period:

Reasonable notice required for landlord access

Termination Notice:

Notice period per lease or statutory minimums

Renewal Election:

Deadlines for tenant renewal or nonrenewal

Milestones from draft to occupancy for the dated lease

Track these numbered milestones to ensure timely execution, move-in, and compliance with notice windows tied to the effective date.

01

Draft Completion

Lease terms finalized and reviewed by parties

02

Execution & Date

All parties sign and date the agreement

03

Move-in / Possession

Tenant occupies premises on agreed start date

04

Post-Term Accounting

Security deposit accounting and disbursement after termination

Authentication, notarization, and witness flow where required

When notarization or witnesses are necessary, follow a clear multi-step process to preserve record integrity and proof of identity.

01

Prepare Document

Confirm all fields completed and initials on each page

02

Identity Verification

Signer presents government ID or uses eID/KBA

03

Witness Attestation

Witnesses sign and print names if required

04

Notary Acknowledgement

Notary completes certificate and signs as needed

05

Audio/Video Record

Retain session recording where RON is used

06

Recording (if required)

File long-term leases with county recorder if necessary

07

Distribute Copies

Provide signed copies to all parties immediately

08

Archive

Store executed document per retention rules

Common mistakes to avoid when preparing the dated lease

  • Using informal or abbreviated party names that cause identity disputes.
  • Failing to include the precise premises description or unit number.
  • Missing required state disclosures about lead paint or security deposits.
  • Not preserving signed originals or secure electronic audit trails.

Potential penalties and risks from errors in the dated lease

Voidable Provisions: Court may strike unenforceable clauses
Deposit Fines: Statutory damages for improper handling
Late Fees Disallowed: Excessive fees may be unenforceable
Eviction Delays: Procedural errors delay remedies
Attorney Costs: Legal fees can be awarded on dispute
Tax Consequences: Incorrect income reporting risks penalties

Security and compliance considerations for electronic lease records

Encryption: TLS 1.2/1.3 in transit
Data at Rest: AES-256 encryption
Audit Trail: Detailed signing activity log
Regulatory Compliance: ESIGN and UETA adherence
HIPAA Support: BAA available when needed
Certifications: SOC 2 Type II and ISO 27001

Real-world examples of digitizing dated lease workflows

These condensed case sketches show common objectives and outcomes when leasing workflows move online.

Martin Properties

Martin Properties moved lease execution online to streamline closings and tenant onboarding.

  • They emphasized mobile signing for remote tenants.
  • The result reduced turnaround time, preserved audit trails for every lease dated and signed, and simplified records management across a portfolio of rental units.

Optica Ventures

Optica Ventures standardized its lease template dated September 15, 2004 across properties for consistency.

  • They used template fields for rent and term.
  • Standardization cut review time, minimized editing errors, and improved accuracy for accounting and regulatory reporting.

Electronic lease vs paper lease: concise comparison

Compare common capability and compliance differences to decide whether to use electronic execution or traditional wet signatures for the dated lease.

Criteria Electronic Lease Paper Lease
Enforceability yes (esign/ueta) yes (handwritten signature)
Audit Trail detailed timestamps/ip limited proof of timing
Remote Execution yes (esign) no (requires courier)
Storage secure encrypted storage physical storage required

eSignature vendor pricing and capability snapshot for lease workflows

Vendor pricing, trial availability, and key capabilities influence the cost and compliance posture for executing the dated lease electronically; compare options carefully.

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
Envelope Cap No envelope cap 100 envelopes/user/year limit Varies Varies Varies

FAQs and troubleshooting for the Lease Agreement Dated September 15, 2004

Answers to frequent questions about completing, signing, and storing the dated lease; practical troubleshooting for common issues.


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