Parties and Recitals
Identify the lessor and lessee by full legal name, state of formation, and mailing address; include recitals that explain context for the tenancy and any related agreements.
A well-structured lease protects both landlord and tenant by allocating risk, setting clear performance expectations, and documenting financial terms.
Landlords, property managers, commercial tenants, and leasing brokers commonly prepare, review, and execute office building leases.
Each party should confirm authority to sign and include corporate signatures or notarized agent acknowledgements when required by internal policy or state rules.
A property manager or leasing representative signs on behalf of the landlord when authorized by a corporate resolution or management agreement. Include the signer's printed name, title, and the name of the legal entity to ensure enforceability and clear attribution.
A corporate tenant typically requires an officer or authorized agent to sign, supported by a corporate resolution or power of attorney for large entities. Verify authority in writing to avoid later challenges to the lease's validity.
Identify the lessor and lessee by full legal name, state of formation, and mailing address; include recitals that explain context for the tenancy and any related agreements.
Describe the premises by suite number and square footage; include a precise exhibit or floor plan that the parties attach and reference as part of the agreement.
Specify the lease start and end dates, options to renew, the notice period for exercising renewals, and adjustment formulas for renewed rent.
Outline base rent, payment frequency, late fees, security deposit terms, CAM charges, utilities allocation, and invoicing procedures.
Allocate responsibility for HVAC, roof, structural components, interior repairs, and specify notice and cure periods for repair obligations.
Define events of default, cure periods, landlord remedies including termination, rent acceleration, and recovery of costs and attorneys fees.
| Field | Configuration |
|---|---|
| Authentication | Email by default | Optional SMS OTP or KBA |
| Field Types | Signature | Initial | Date | Checkbox |
| Conditional Logic | Show clauses based on selected options |
| Notifications | Email reminders and completion alerts |
Confirm the platform supports required authentication, integrations, and storage controls before e-signing commercially significant leases.
| 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 card | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Available on select plans | Available | Available | Available | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Tim Martin's firm digitized leasing to close transactions remotely and reduce turnaround time.
Optica standardized lease templates to reduce negotiation cycles and coordinate cross-tenant reporting.
Monthly on the date specified in the lease, often the first of the month
Specified grace period and late fee schedule, typically 5–10 days
Tenant must notify landlord 60–90 days before expiration to exercise options
Landlords typically return within 14–60 days after termination, state-dependent
Reasonable cure windows vary, often 7–30 days for non-emergency items