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Who signs the lease agreements?
Who signs the lease agreements?
Bryn Humble avatar
Written by Bryn Humble
Updated over a week ago

How The Offshore Support Team Handles Leases

At some point in their career, most property managers will have to deal with the task of drafting and approving a lease for a tenant. It can be a time-consuming process, but luckily, our offshore support team is here to assist in making it as seamless as possible.

Drafting the Lease

When it comes to drafting the lease, our offshore support team takes the lead. They have the expertise and resources necessary to create a comprehensive and legally sound agreement, based on the property manager's instructions via the Lease Prep Form. This takes the burden off of the property manager and ensures that all important details are included.

Once the lease has been drafted, it will be sent to the property manager for review. Our team is responsible for making sure all necessary information is included, but it's ultimately the property manager's responsibility to ensure everything is accurate and to their satisfaction.

Approval and Sending to the Tenant

After the property manager has reviewed and made any necessary changes to the lease, it's time for the lease to be sent to the tenant. Our offshore support team will take care of this step as well, making sure all necessary parties have signed and that all terms are agreed upon.

Signing the Lease

Before the lease can be considered valid, it must be signed by both the tenant and the property manager. Your offshore support team will never sign anything on behalf of the property manager. It's important for the property manager to personally review and sign the lease to ensure they are fully aware of the terms and responsibilities outlined.

Once the lease is signed by both parties, our team will keep a copy on file for record-keeping purposes and provide a copy to both the tenant and owner for their own records.

Conclusion

With the help of our knowledgeable offshore support team, the process of handling leases can be much more efficient and stress-free for property managers. Our team will handle the drafting and sending of the lease, leaving the property manager with more time to focus on other important tasks. Remember, the offshore support team is here to assist, but the ultimate responsibility for reviewing and signing the lease lies with the property manager.

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