Lease Basics
Names of parties, property description, lease term, and permitted occupants — provides the operative contract identity and scope.
A clear Residential Lease Policy reduces disputes, ensures regulatory compliance, and documents standardized processes. Electronic execution is permitted under the ESIGN Act (15 U.S.C. §7001) and UETA (where adopted); New York follows ESRA. Note limited exceptions where some documents remain excluded from electronic execution.
Property owners, managers, and leasing staff use the policy as an operational and legal reference when preparing and administering residential leases.
Tenants also benefit because the policy clarifies rights, repair processes, and timelines for notices and deposits.
Names of parties, property description, lease term, and permitted occupants — provides the operative contract identity and scope.
Payment dates, late fees, grace periods, returned check charges, and accepted payment channels to standardize cash flow and accounting.
Deposit amount, permitted uses, escrow/interest rules (if required by state), and procedures for itemized deductions on return.
Tenant and landlord maintenance responsibilities, emergency contact procedures, and timelines for common repairs and inspections.
Notice periods for nonrenewal, termination, early lease breaks, and cure periods for lease violations.
Required disclosures, lead paint or habitability notices, rent-control or subsidy rules, and record retention instructions.
| Field | Configuration |
|---|---|
| Signature Method | Allow click-to-sign and drawn signatures; require stronger auth for high-risk transactions. |
| Authentication | Use email link or add SMS code; use ID verification when required. |
| Templates | Save standard lease and disclosure templates for reuse. |
| Reminders | Enable automated reminders and completion notifications. |
Ensure your platform supports required file formats and integrates with property management systems before adopting eSubmission workflows.
Confirm compatibility with accounting and document repositories, enforce retention rules, and enable audit trails and export in commonly used formats for secure long‑term storage.
MM/DD/YYYY dates determine occupancy and rent liability
Monthly due date and any allowed grace period
State-specific deadline for deposit return (commonly 14–60 days)
Typical notice periods (30 days common; check state law)
Date to offer renewal or issue nonrenewal notice
Define clauses, templates, and required disclosures before use.
Collect signatures from all parties and archive signed copy.
Document condition and attach to tenant record at occupancy.
Complete inspection, apply deposit deductions, and issue final accounting.
A mid-size property manager moved leases online to streamline execution.
A landlord consolidated lease templates for multi-unit buildings.
| 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 | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |