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It runs smoothly and quickly. It appears to have every feature I need in my daily work with PDF files, except one. It would be a fully completed utility if it included options for arranging/rearranging pages in PDF files. If it has that feature I am unable to find it. With this feature I'd rate it 5 stars.
2016-03-08
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2018-10-10
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2019-09-18
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2020-10-07
Lease Feature: Simplify Your Rental Process
The Lease feature helps you manage rental agreements with ease. It streamlines the rental process, making it more efficient and less time-consuming. With this feature, you can focus on what truly matters: your tenants and your property.
Key Features of the Lease Feature
Automated lease generation
Electronic signatures for convenience
Reminders for lease renewals and expirations
Built-in payment tracking
Customizable templates to suit your needs
Potential Use Cases and Benefits
Ideal for landlords managing multiple properties
Supports property management companies in optimizing workflows
Facilitates clear communication with tenants regarding their agreements
Helps in tracking important lease dates to avoid lapses
Enhances tenant satisfaction with a seamless rental experience
By using the Lease feature, you solve common challenges in rental management. It reduces paperwork, minimizes errors, and keeps all your lease information organized in one place. Take control of your leasing process and enjoy peace of mind knowing you have a reliable system at your fingertips.
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How do you guarantee a lease?
Show proof of consistent revenues and profits (P&L statements, balance sheets, etc) Ask for an amendment to the lease after 12-24 months. Ask for the guarantee to expire after 12-24 months as long as you have paid rent payments on time. Try to renegotiate the guarantee terms.
How do you guarantee a commercial lease?
Limit the amount of the guarantee. Ask for a time limit on the guarantee. Put down a large security deposit, set up in an escrow account, that the landlord can use to receive your lease payments if you can't make them for a certain number of months.
Should I personally guarantee a commercial lease?
Avoid risking your personal assets, such as savings accounts and property, simply to convince a landlord of your company's solvency. Many commercial landlords require personal guarantees as a matter of course. Even large landlords might be willing to negotiate if tenants are able to allay their fears of default.
What does it mean to personally guarantee a lease?
A personal guarantee requires the individual to pay back a loan personally in the event of default. A commercial lease is a major commitment for a business, and the leasing company wants to know that the lease will continue to be paid up to its completion, even if the company goes bankrupt.
What financials are needed for a commercial lease?
To start with, you'll need to have a business financial statement: a balance sheet and income statement. Many landlords also require a personal financial statement for all owners of the business. You may need some additional guarantees that you will be able to make the lease payments.
What is an Indemnified in a commercial lease?
A simple way to put it, the person who signs as an indemnified or a guarantor is giving their personal guarantee to the landlord that the tenant (a business) will fulfill the obligations of the lease. The most likely person to sign an indemnified is a company owner or branch owner.
How do you avoid personal guarantee on a lease?
The ways to avoid a guarantee are seeded in understanding the owner's risk, clarifying the owner's reality, and proposing alternatives that provide security. An owner can spend up to 25 percent (or more) of the lease's future income originating the lease.
What makes a personal guarantee valid?
The main technical requirement for a guarantee to be valid is that it must be in writing and signed by the guarantor or a person authorized on the guarantor's behalf. Reliance cannot therefore be placed on a verbal assurance that one party will 'see another right' or some such.
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