Premises
Precise legal description, suite number, rentable area in square feet, common areas included, and any exclusive use of parking or loading zones.
A clear, comprehensive Retail Lease Agreement reduces disputes, protects property value, and clarifies financial obligations for both landlord and tenant. It helps enforce operational rules, allocates repair and insurance responsibility, and provides remedies for default while supporting enforceability in court or arbitration.
Retail Lease Agreements are completed and signed by parties with legal authority for real property: landlords, property managers, tenants, and company executives or authorized agents.
In many organizations, final signature authority rests with an officer, authorized agent, or property manager; ensure signatory authority is documented in corporate resolution or power of attorney if applicable.
Precise legal description, suite number, rentable area in square feet, common areas included, and any exclusive use of parking or loading zones.
Start and end dates, options to renew, notice windows for exercising options, and rent adjustment methods on renewal.
Base rent schedule, escalation formula (CPI or fixed increases), CAM charges, property taxes, utilities, and payment schedule.
Permitted retail uses, prohibited activities, exclusivity clauses limiting landlord’s ability to lease neighboring space to competitors.
Tenant improvement allowances, approval process for build-outs, responsibility for restoration at lease end, and permits.
Events of default, cure periods, late fees, acceleration, landlord’s right to relet, and security deposit application rules.
| Field | Configuration |
|---|---|
| Signature Order | Sequential or parallel signing set by role and priority |
| Authentication | Email link, SMS code, or ID verification per signer |
| Required Fields | Make names, dates, rent, and signer capacity mandatory |
| Attachments | Attach exhibits and require signer acknowledgement |
Confirm the eSignature platform supports binding electronic signatures, audit trails, and required security controls for commercial leases.
For sensitive leases or where statute requires, consider adding multi-factor signer authentication, retaining a complete audit trail, and storing executed copies in a secure records system that supports search and reproduction.
Date when lease obligations take effect and rent period begins.
Monthly or periodic payment due dates and grace periods for late payments.
Deadline to give notice to exercise renewal options, typically 60–180 days prior.
Provide renewed certificates before policy expiration each year.
State-specific timeline for return after lease termination and final accounting.
Optica automated lease signing and reduced turnaround time using online workflows
A mid-market landlord moved to online execution to eliminate in-person pickups
Include exhibits such as floor plans, tenant improvement drawings, insurance certificates, and signage approvals as appended exhibits to the lease.
Require current COIs naming landlord as additional insured and specify required liability limits and waiver of subrogation where applicable.
Save executed leases and audit trails as PDF/A for long-term archival; platforms typically support PDF and DOCX exports for downstream systems.
Provide final executed copies to landlord, tenant, property manager, and accounting; retain digital originals in secure storage with version history.
| 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 trial | Yes | Yes | Yes | Yes |
| 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 |