Lease Agreements Addenda are now available in Hemlane

What Are Lease Agreements Addenda?

Lease agreements addenda are formal documents that allow landlords to make changes or updates to an existing lease without creating an entirely new agreement. This could include changes to rent, lease duration, policies, or other clauses. Addenda are legally binding once signed by both the landlord and tenant.

With the launch of lease agreements addenda in Hemlane, landlords now have a simple and organized way to manage these updates digitally. You can create, send, and track addenda all from your Hemlane dashboard.

Why Lease Agreements Addenda Matter for Landlords

Updating a lease can be complicated if done manually. Traditional methods often involve printing documents, mailing them to tenants, and waiting for signatures. This process is time-consuming and prone to errors.

With Hemlane’s lease agreements addenda feature, landlords can:

• Make changes to existing leases without starting from scratch.
• Maintain a clear record of lease updates.
• Ensure tenants are informed and have electronically signed any updates.

These benefits help landlords save time, reduce paperwork, and stay compliant with state laws.

Key Features of Lease Agreements Addenda in Hemlane

Update Lease Terms Quickly

You can now modify lease terms, such as rent increases, pet policies, or maintenance responsibilities, without needing a new lease. This keeps your lease agreements accurate and up to date. For step-by-step guidance, check out How to update a lease or lease terms.

Manage Lease Renewals with Ease

Lease renewals are now simpler than ever. Extend your tenants’ leases directly within Hemlane and send notifications for approval. You no longer need to create a new lease for each renewal, which saves time and keeps your tenant communications consistent. Learn more about setting up renewals here.

Send a Lease Directly to Tenants

You can send a lease directly to your tenants for electronic signatures. Tenants receive the document, review the changes, and sign digitally. Hemlane keeps track of all updates in one place, reducing the risk of lost or misplaced documents. Learn more about sending agreements here.

Benefits of Using Lease Agreements Addenda in Hemlane

• Time-Saving: Eliminate printing, mailing, and manual tracking.
• Organization: All lease updates and addenda are stored in a single digital dashboard.
• Compliance: Ensure your lease changes are legally documented and properly signed.
• Tenant Communication: Tenants receive updates instantly and can sign electronically.

This feature is especially helpful for landlords managing multiple properties who want to streamline lease updates and keep their tenants informed efficiently.

Getting Started with Lease Agreements Addenda

Starting with lease agreements addenda is simple:

1. Log in to your Hemlane account.
2. Navigate to the lease you want to update.
3. Select the option to create an addendum.
4. Make the necessary changes to your lease terms.
5. Send the addendum directly to your tenants for digital signatures.

For a detailed guide, you can also visit How to send a lease agreement through Hemlane.

Start Using Lease Agreements Addenda Today

Lease agreements addenda give landlords flexibility, streamline communications, and ensure compliance. Start using this feature today to update lease terms, extend tenancy agreements, and send addenda digitally, all within Hemlane.