Looking for a way to display an online lease agreement form for your WordPress website? This guide will help you create your lease agreement form online today!
Being a property manager is a tough business.
You display the rental properties, respond to customers, create lease agreements, and so much more. If only there were a system to manage it all.
Lucky for you, there is.
This post will show you how to simplify your life and create a lease agreement form online with Formidable Forms, the best way to handle your real estate website.
Let’s get into it.
Creating your online lease agreement form
Creating an online lease agreement form is the easy part.
But there’s much more you have to do to ensure you’re abiding by the correct laws. So, we’ve broken this down into five simple steps:
Let’s look at each in more detail.
Step 1: Research local laws
Just because your agreement is online doesn't mean it's any less legally binding.
And that goes for any type of agreement — a residential lease agreement, a standard lease agreement, or a commercial lease agreement.
But in some areas, you may be required to display additional statutory information or disclaimers for an online document, and there may be landlord-tenant laws for you to abide by, such as 30 days' notice for lease violations.
Double-check, and add extras to your standard wording to comply with local and state laws.
Remember that you can use HTML elements to display text within your form and inline styling to highlight the important bits in a bold font or vivid color.
Would you like to verify acceptance of your terms and conditions? Add an "I agree" checkbox, and conditionally hide sections of the form until the box is checked.
Step 2: Build your online lease agreement form
No doubt you've already got a paper lease agreement form.
Copying this to a digital form shouldn't be a huge deal, but it could be a big time saver! After all, creating a simple lease agreement template will save you time in the future.
And it's never been easier than with Formidable's drag-and-drop builder.
You can even utilize the information submitted when you uploaded the property details to auto-populate many of the fields on your lease agreement form. Not only does this make the process quicker, but it also means it's impossible to enter incorrect details, misspell or mix up property specifications.
Plus, you want to add specifics regarding the lease. Is it a month-to-month lease? Are you renting out a residential property? What is the due date for paying rent? What’s the amount of time for the lease?
All of this should be included in your online lease agreement form. And you can add in the option to purchase if you’d like.
Step 3: Configure your signature settings
A signature is an essential part of any lease agreement or rental application.
The Formidable Digital Signature plugin allows users to sign the agreement directly within the form. They can either draw their signature with a trackpad/mouse or type it.
Offer your clients the ability to sign rental contracts on the spot. This eliminates the need to scan, fax, or return to the office to sign paper forms.
Simply add a signature field to your form and then sign forms and contracts online.
Or, use one of our templates to save you time.
After submitting the signature, it is saved as an image and stored in your Formidable uploads folder.
Step 4: Send the document to the client
When the lease form is filled out, signed & submitted, there is still more to do. The client needs a copy of the lease agreement. But this can be automated too!
The option is yours.
Step 5: Collect a deposit
In the world of property leasing, a security deposit is a high priority when arranging a lease.
Again you'll be happy to know that Formidable can handle this automatically with instant online payment processing.
If you want your form to collect a deposit, don't forget to modify your form actions to trigger on Payment Success so the lease documents won't be emailed when the submit button is clicked.
If you auto-populate the monthly cost of the property back in step 2, you can now add a field to calculate the deposit. In our part of the world, it's usually a month's deposit plus a month's rent in advance.
A simple x2 calculation is all that would be required.
Want the calculation to include local taxes, service fees, and even utility costs? The final price can be calculated based on your requirements for this lease agreement.
Proof of payment is usually emailed to you within moments, and Formidable will automatically trigger the form actions you've set up as soon as payment completes.
Are you ready to make your online lease agreement form?
It isn't always easy to keep track of paperwork and property details.
And looking disorganized in front of potential clients is never a good thing. Not only can Formidable help you be more efficient and organized, but it can also make you look good in the process.
An online lease agreement system helps show that you're a real professional and that you put in the extra effort to make sure everything runs smoothly. And Formidable Forms makes it easy for you to create one — whether it’s a one-page lease or multiple pages.
So what's stopping you? Create your online lease agreement system today!