Introduction

Renting out property has traditionally included a lot of time-consuming documentation and communication. However, the modern rental market is evolving and signing a lease agreement remotely is becoming the new standard. Thanks to secure digital tools signing a lease agreement remotely landlords, property managers, real estate agents and their tenants and clients don’t need to meet in person to sign the lease agreement.  Furthermore, it is now possible to draft, share and sign rental lease agreements entirely online.  

In this blog post we’ll explore remote signing, it’s pros and cons, and why royalinvest.ca is the most convenient and reliable choice for Canadian landlords. 

Sign a Rental Lease Agreement Remotely 

In today’s digital world, signing a lease agreement no longer requires an in-person meeting. This process used to have a lot of in person meetings, however all has changed today. The whole process now can be done entirely online wherever you are. Remote rental lease agreements and lease signing have become popular in recent years, especially during the COVID-19 crisis. This was the period when the tenants and the landlords needed a safe and contactless way to finalize rental agreements. 

Traditional way of leasing included filling out the lease agreement, meeting in person with tenant, reviewing it together, and signing it on the spot. However, there might be cases when some clauses needed to be adjusted during review and the process became more complicated. Thus, the landlord would have to revise the rental lease agreement, and schedule another in-person meeting. Consequently, this whole process causes delays and a lot of trouble for both parties. 

Trying to reduce the hassle of finalizing a lease agreement, professionals came up with different options that somehow reduce the stress and wasted time. Let’s take a closer look at how each one works. 

Postal Way 

Postal way is sending the rental lease agreement by email to the tenant. After sending the lease agreement to the tenant, they sign and send it back by email. This method is fully legal and, in some ways, convenient for both parties. However, it takes a lot of time. Usually mail delivery does not happen within a couple of days. Sometimes it may take a couple of days or even weeks. Moreover, sending the rental lease agreement by email is not free, it costs some fees for both parties. 

Scanning and Printing Method 

Another option to sign a rental agreement remotely is filling out the paper lease form, scanning it, sending it to your tenant by email. Once your tenant receives the email with the lease agreement attached, they need to go through the same procedure. This means that as soon as the email is delivered the tenant prints out the lease agreement on a piece of paper, signs it with a pen, scans and sends it back.  

This may sound like an option, but the reality is that it also takes a lot of time. Moreover, it causes a lot of inconvenience as a lot of extra tools are used just to sign a rental lease agreement. 

Digital Signing Tools  

Signing tools are also widely used to sign a lease agreement. These are tools like DocuSign or Adobe Sign that help you sign the documents remotely. However, such tools charge high fees and come with usage limitations. Meaning that landlords and tenants might face restrictions on the number of documents they can sign each month. For some extra features there they may need to upgrade to expensive plans to access some essential features, such as cloud storage. For those who are looking for a more affordable and flexible solution specifically designed for lease agreements royalinvest.ca offers an intuitive platform tailored to property management needs. ADD a CTA button here 

Advantages of remote signing 

Due to its convenience remote signing has become the preferred method of thousands of Canadian landlords, real estate agents and property managers. Electronic signatures are fast and require less work than ink signatures. Here are a few more advantages of remote signing. 

Instant Access  

The most obvious advantage of remote signing is that it is accessible whenever and wherever you are. Both landlord and tenant can sign rental lease agreement remotely. Instead of scheduling in-person meetings or sending them by mail you can simply ask your tenants to sign the lease agreement remotely. 

Using property management platforms, like royalinvest.ca, helps you easily draft and sign a lease agreement remotely.  

Secure and Compliant 

Signing a rental lease agreement remotely is both convenient and safe. Most e-signature platforms use encryption to protect your data during transfer or storage. Additionally, these platforms keep detailed logs of all actions. This makes the entire process transparent and trackable.  

Cost Effectiveness 

Besides saving a lot of time, electronic signatures are more cost effective. They reduce the paperwork and logistic costs. If your tenants or clients are located far there’s no need to send the lease agreement via email or deliver it in person. Instead, everything can be completed securely and remotely. 

Sign Lease Agreement Remotely with Royalinvest.ca 

Managing rental properties often involves a lot of communication, document back and forth and in-person meetings. Understanding all the hassle royalinvest.ca helps to draft sign and track lease agreements across Cananda remotely.  

Every step with royalinvest.ca from drafting a rental lease agreement to signing and downloading a certificate of completion is done digitally. Royalinvest.ca uses secure electronic signature technology. To ensure security the platform monitors activity logs: who viewed or signed the lease agreement, and the IP address that was used.  

Royalinvest.ca ensures that the rental lease agreement is fully signed and there are no missed signatures and initials. As you start signing the lease agreement royalinvest.ca guides you through the signing process. It highlights every spot t requires a signature or initial to ensure nothing is overlooked 

How to Sign a Rental Lease Agreement Remotely with Royalinvest.ca

Still not sure how it works? Watch our quick video tutorial that walks you through the process of signing a Quebec rental lease agreement remotely on royalInvest.ca. 

Conclusion

Remote lease signing has changed the way landlords and tenants handle rental lease agreements. They avoid unnecessary delays and inconvenience caused by printers and scanners. Signing a lease agreement remotely saves time and reduces errors. It makes the entire process more efficient.  

Though there are several methods, royalinvest.ca offers all in one solution that’s not only easy to use but also secure, affordable. The platform helps you manage all your rental units by drafting, sharing and signing your lease agreements remotely anytime, anywhere.