The Digital Lease Agreement has emerged as an essential tool in modern property management, particularly as real estate transactions increasingly move online. This document type combines traditional lease elements with digital-specific provisions, ensuring compliance with both US property laws and electronic transaction regulations. It's designed for situations where parties prefer to handle lease arrangements electronically, including signing, payment processing, and ongoing lease management. The agreement addresses specific requirements for electronic signatures, digital payment systems, online communications, and digital record-keeping, while maintaining all necessary legal protections for both landlords and tenants under applicable state and federal laws.
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1. Parties: Identification of landlord and tenant with full legal names and contact information
2. Background: Context of the agreement and basic premises of the digital lease arrangement
3. Definitions: Key terms used throughout the agreement, including digital-specific terminology
4. Property Description: Detailed description of the leased property and included amenities
5. Term and Renewal: Duration of lease and renewal conditions
6. Rent and Payment Terms: Rent amount, payment schedule, and digital payment methods
7. Security Deposit: Amount, terms, and digital handling of security deposit
8. Digital Communications: Terms for electronic notices and communications
9. Electronic Signature: Provisions for digital execution and validity
1. Utilities and Services: Responsibility for utilities and online account management - use when utilities are not included in rent
2. Smart Home Features: Terms for digital/smart home features and access - use when property includes smart home technology
3. Digital Access Control: Terms for electronic key systems or access codes - use when digital access systems are implemented
4. Online Maintenance Requests: Process for digital maintenance submission and tracking - use when digital maintenance management system is in place
1. Schedule A - Property Inventory: Digital inventory of property condition and contents
2. Schedule B - Digital Payment Terms: Detailed terms for electronic payment processing
3. Schedule C - Digital Platform Terms: Terms for use of any property management software or platforms
4. Schedule D - Privacy Policy: Data collection and processing policies
5. Schedule E - State-Specific Disclosures: Required state law disclosures in digital format
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