Permitted Use
Defines what tenant can operate and restricts competing or noncompliant activities; impacts exclusivity rights.
A precise lease reduces disputes, clarifies financial obligations, and preserves property value while enabling predictable tenant operations and landlord revenue.
Each participant has distinct responsibilities: legal review for enforceability, operations review for permitted use, and finance review for rent and security terms.
Typically a property manager, leasing director, or corporate officer signs on behalf of the owner. They confirm consent to lease terms, CAM allocation methods, insurance limits, and any landlord obligations to deliver tenant improvements or deliverables.
A tenant's authorized officer, franchisee, or corporate designee signs for the tenant entity. That signer accepts rent schedules, permitted use restrictions, tenant improvement allowances, and indemnity and guaranty obligations when applicable.
| Field | Configuration |
|---|---|
| Signing Order | Sequential or parallel per negotiation requirements |
| Authentication | Email link, SMS code, or stronger ID verification |
| Required Fields | Signature, date, printed name, and initials |
| Notification | Automatic reminders and completion receipts enabled |
Choose configuration that balances signer convenience and legal assurance; stronger authentication reduces rebuttal risk in disputes.
Date lease obligations and rent commencement begin
Monthly or quarterly payment schedule and grace period
When tenant must deliver deposit at execution
Commonly 60–90 days pre-expiration for tenant notices
Annual reconciliation and payment adjustments timing
Defines what tenant can operate and restricts competing or noncompliant activities; impacts exclusivity rights.
Explains cost allocation, defined expenses, and reconciliation to avoid unexpected charges.
Covers allowances, approvals, construction standards, and completion milestones.
Specifies required coverage limits, additional insured obligations, and indemnification scope.
Sets conditions under which tenant may transfer interest or assign lease obligations.
Lists landlord and tenant remedies, cure periods, and termination mechanics.
| 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 | Varies | Varies | Varies |
| Bulk Send | Yes (premium) | Yes | Yes | Yes | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
Optica Ventures needed a simple signing experience for tenants and brokers.
A regional landlord sought compliant online lease execution for multiple shopping centers.