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home/Knowledge Base/Lease Management/How electronic signature process works?

How electronic signature process works?

12 views 0 November 30, 2022 Updated on February 12, 2023 mippsupportadmin

In our portal, we help property managers automate and let them do most of their work online. One of the features that we have is collecting e-signature. It is a process that the portal has that helps our property managers be more efficient when dealing with tenants and landlords or property owners. This process includes collecting e-signatures from tenants, landlords or property owners and property managers.

Follow the steps below to know how the e-signature process works.

  • Go to Tenant Management > Tenant Lease.
  • Click Create New Lease
  • Choose the Select Property, Unit, and Landlord/Owner (select  any prospect if needed)
  • Click Start Lease and follow, review, and go through the 8 Steps.
  • After completing the 8 steps and creating the lease, Click Submit, Approval is required before proceeding.

Note: After the lease is approved, you will have the option to send out an email to the prospective tenant or landlord in the next steps (i.e. requesting a signature), create a tenant profile, etc.

  • Read the information carefully and click ‘Approve this Lease‘
  • The status will change to Awaiting Signature Request (Tenant)
  • Click Request Signature to Tenant > Wait for them to sign the agreement > Review Signature > ‘Mark Complete‘
  • After clicking Mark Complete, you can now request Landlords or property owners, and Property Managers to sign the Residential Tenant Agreement.
  • The status will show as Awaiting Landlord Signature > Click Send Email For Signature.
  • Once signed > Review Signature > Mark Complete > click ‘Confirm‘
  • Click Create Tenant > Verify the information (you can opt not to send the tenant an email by ticking the box). Remember that this email contains the information on joining the portal > ‘Submit‘
  • What happens next?
    • Lease status will be updated as ACTIVE.
    • A new tenant profile will be created.
    • The tenant will receive an email from joining the tenant portal.

 

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