As a rental manager, you know how important it is to offer a quick and easy booking process. That's why many prefer to forgo rental contracts so guests have one less hurdle to jump. Fortunately, with electronic signature applications, that's no longer a problem. With the digital signature solution you can create legally binding documents. Both parties can sign the contracts electronically, so the entire process only takes a minute or two.
A few decades ago, people had to meet in person to sign the lease online. Although everything has changed and people are able to sign the lease remotely. Some real estate companies and small landlords still choose to go the conventional route instead of opting for the convenience of today's digital process.
When a property is rented out, the house lease is a digital document that highlights the rental agreement between a landlord and tenant. The parties are legally bound by this form of real estate contract, and the goal is to explain all obligations and expectations between the tenant and the landlord.
Entering into an online rental agreement is a brand new alternative that is now open to both tenants and landlords. Before this practice went online, people met in person to sign a paper lease. The use of modern digital signature technology eliminates this time. Choosing an electronic lease allows you to easily sign a contract electronically from any location and at any time that you desire.
Of course, in the rental industry, this is a creative and even ground breaking approach. Some people may have concerns about whether this process, which is very natural, is safe and effective. Make sure that signing a lease online is the right option!
Using electronic signatures is a smart and secure with the .ID app. The .ID digital signatures are based on verified identities. Therefore, both parties know exactly with whom the rental agreement is signed with.
To be truly legally valid, the electronic signature of the rental agreement must comply with the requirements of the European eIDASlaw. Some European countries often impose restrictions or require a certain standard for the electronic signature. The .ID digital signatures are legally binding worldwide.