Since there are more online businesses than ever before, new applications can be used to help landlords obtain digital signatures for leases. Although some people may feel uncomfortable, digital signatures are often regarded as equivalent to handwritten signatures. There are many advantages to using digital signatures and online leasing. Here, we answer some frequently asked questions about digital signatures and discuss how landlords can use them for property management games.

Is digital signature legally acceptable for leasing?

Digital signatures are usually legal in terms of leases. The “Global and National Commercial Electronic Signature Law” has legal effect on the electronic signature of contracts including leases. State laws and court cases also verify digital signatures and provide other guidelines for signature collection.

According to the law, an electronic signature is the same as a pen signature. There may be challenges to the validity of the signature, but in most cases, these challenges are the same for pen signatures and digital signatures. For example, in the case of a lease dispute, there may be an identity verification requirement to verify the electronic signature. Those who wish to confirm the lease may need to prove that the document is properly signed and has not been changed. This is similar to a dispute about whether a paper lease was signed or changed correctly.

What are the advantages of a digitally signed lease agreement?

There are many advantages to digitally signed lease agreements using Rocket Lawyer.

Save time and money -No need to increase printing costs, and no need to sign a contract in person.

Fill vacancies faster -Switching to online documents and signatures will help you fill the gaps faster. After the prospective tenant completes the tour and application, you can send a digital lease to obtain an overnight signature. If they find other things and then meet again to reach a lease, this can save you from losing them.

Reduce paperwork – Lease agreements can be very long, and a copy of each party needs to be provided. In all your units, the printed leases are wasted trees and expensive paper. Turns to green, so red is not visible.

Easy to customize – For paper leases, you may need to remember which appendices to pull out and which boxes to check. Digital rental applications can automatically assemble the correct information by guiding you through a series of problems.

Make renewal faster and easier – When the lease needs to be renewed, just update any terms such as monthly rent and then send it to your tenants so that they can renew for one year.

What are the disadvantages of obtaining a digitally signed lease agreement?

There are not many disadvantages of obtaining a digitally signed lease.Some tenants may try to challenge the validity of their digital signatures, but will use a vetted signature process, such as including them Rocket logoTo help ensure the validity of all digital signatures on the document.

Some tenants may not like digital signatures or use your favorite software. But with the proliferation of digital signatures (as during the COVID-19 pandemic), as people see their universality in all areas of our lives, most of the reluctance will gradually disappear over time . If tenants are hesitant, you may need to guide them through the process. For landlords and tenants, it is more efficient and convenient to switch to customizable online documents with digital signatures.

Rocket Lawyer has everything you need to rent with confidence

If you want to use digital signatures for leasing, you can use existing signature services, such as Rocket logo Have everything you need.Rocket Lawyer provides customizable Landlord documents (include Residential lease agreement), cloud storage, digital signature and from Rocket Lawyer on call_® lawyer Help you rent a house at ease.

This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm, nor is it a substitute for a lawyer or a law firm. The law is complex and changes frequently.Seek legal advice Ask a lawyer.