Signing leases online has been on an accelerated path over the last decade, and the trend has only intensified with the outburst of the Covid-19 pandemic. Growing digitalization has brought most of the services into the palm of your hands. And digital natives, who were raised on Tik Tok, Instagram, Snapchat, and Siri/Alexa are fueling the trend with their increasing demands for intuitive and seamless digital experiences.
In the past, landlords had to block time to meet their tenants in person and physically sign the rental agreement form. Now, they can eSign at their convenience, and even prepare rental lease agreements online.
Global research projected the digital signature market size to grow to $14.1 billion by 2026, from $2.8 billion in 2020. As more industries digitize their processes to increase productivity and cater to their employees’ and clients’ expectations, this trend will only go upwards.
Electronic signatures or eSignatures offer several benefits for both tenants and landlords:
RSign, a global eSignature solution from RPost, can help your tenants eSign the lease and rental agreements seamlessly. They don’t have to install or download anything and they can do this on any device, anywhere.
All you have to do is upload your existing rental agreement form on the RSign interface and send it to your tenants’ email addresses to sign electronically. They will receive a link in their inbox, which would look like this:
RSign offers a guided, eSign experience so your tenants don’t have to worry about anything while signing. Once they click on the “View and Sign Document” button above, they will be taken directly to the rental lease agreement sitting inside the RSign interface.
They just need to add and confirm their details – name, initials, signature. They can see the preview of their signature in the box and choose to either upload, type, or draw their signatures.
Once they select their options, check the agreement box, and click on the “Accept and Sign” button – that’s it, your lease agreement signing is done!
RSign enables your tenants to either finish the process in one go or do it in stages. You can also allow or require that they add supporting documents to send to you.
If at any time, your tenants feel some details aren’t right or they need clarifications, they can decline the rental lease agreement with a message. You will be notified about it in your email. Once everything is good, you will get a notification that your tenants have signed the rental agreement form:
Your tenants will automatically receive a signed copy of the agreement in their email. They will also get a link where they can view or download it anytime for reference.
You get several additional features with RSign that make your life easier.
RSign’s integrations with several platforms mean even more convenience for you.
RSign helps you fill and sign tenant agreements online, record consent to receive notices by email to a particular address, or update master service agreements and contract notification provisions. This solution makes business-critical communication with tenants and their representatives a lot easier for you.
It’s easy, convenient, fast, more affordable at scale – and most importantly, more secure than paper signatures. It’s also legally binding and compliant with data privacy and other regulatory guidelines (ESIGN Act, UETA, eIDAS, ECTA). Create free electronic signatures today with RSign!