Create or edit lease

Anyone living at the property who is not a signer goes here separated by commas.

Example with multiple pets: "Rover Doe - 210 pounds - Great dane, Fluffy Doe - 950 pounds - horse"

Goes on agency disclosure and goes on lease. This may be "Realty Trust Services as agent" or actual Landlord name. This will also be used as the first Owner 1 name in the lease option agreement.

Optional. This will be used if owner is to esign option agreement or send owner notification of contract.

This is important for multifamily buildings. Detail any special arrangements regarding off street parking. First come first serve? Only one tenant gets garage? One tenant gets one side or other of garage or driveway? Limit on total cars?

Also feel free to copy and paste in one of the following: 1) For multifamilies: "All utilities including Water, Sewer, Trash, Gas, Electric, Internet, Cable and Phone. Water and Sewer will via a flat rate reimbursement fee per occupant detailed in the lease." 2) For multifamilies we are trying to avoid this: "All utilities including Water, Sewer, Trash, Gas, Electric, Internet, Cable and Phone. Water and Sewer will be split proportionally between tenants." 3) Any other arrangement?

The following utilities could be included: Range, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Microwave

Normally for a "12 month lease", if first month is prorated then choose the last day of the same month next year for end of initial term. Example: Move in August 15th 2015, end of initial term is August 31st 2016.

For multifamily properties default. Average cost per person per month water / sewer appears to be about $25 to $40 using average usage from google and average rates for Cleveland Water and NEORSD. See custom field on building level of propertyware for more information. For now this is $35.

Include lease signers as well as occupants under 18

If there are multiple monthly fees feel free to combine them. You may well rent an appliance which is above and beyond the rent. Feel free to put that in and describe below.

Include reason for other monthly fees as well as break downs.

This is the amount of money collected to hold unit before move in. It goes towards the deposit if tenant moves in. It is not refundable if tenant does not move in in agreed period of time. Sometimes people call this the deposit. However you should not do this. It is a fee not a deposit as it will not be returned if they do not move in.

This is the amount of the total deposit that will end up being paid at some time after move in. For instant, deposit might be 1000 but landlord is o.k. with $400 being paid at move in, $300 being paid 2nd month with rent and $300 the third month with rent. Amount of deposit to be paid after move in would be $600 and then the arrangement of how that is paid would be described below.

If they are to be paid over multiple months please be specific how much and when.

Negotiated changes to the home that owner has agreed to do for tenant but tenant will pay for, you name??? Just describe it in this field.

Full months rent will always be due at move in. However sometimes proration is not what you want.

Used in calculating the prorated amount

Please check propertyware building level custom field "Custom language to insert in lease" as well as do a quick email search for client interaction about this property and scan marketing to see if there should be special provisions here.

This would be the purchase price that lease option buyer has the option to purchase at.

This will be applied towards purchase. It will not be refunded if purchase is not completed for any reason.

This can include any specially negotiated terms. This includes crediting of monthly payments towards additional non refundable option consideration.

Primary owner name was shown farther up on this form as "Landlord name." However it is important that the option agreement be signed by all owners.

This will be used if owner 2 is to esign option agreement.

No means you get a PDF when / if document is merged and it will be emailed to "Email this form to". Yes means you will not get a pdf but instead a pdf will be generated and submitted to rightsignature.com which will in turn email all contacts for them to esign the contract. If you say "Yes", please verify that all signers have email addresses and names. This includes owners fields: "Landlord name", "Owner 1 email" and if there is a 2nd owner signing "Owner 2 name", "Owner 2 email"