Create a new lease
Draft a lease, set the rent and term, and send it for e-signature.
You'll draft a lease, configure the rent and deposit, and send it to your tenant for signing. Once signed, the lease activates immediately and becomes your source of truth for the tenancy.
Open Leases in the sidebar.
The Leases section is where you manage all active and past leases for your properties.
Click New lease.
Pick the tenant, or add a new one inline if they are not in Rentfolio yet.
If your tenant is new to Rentfolio, you can create their profile right here without leaving the lease form.
Set the monthly rent. The security deposit is suggested automatically from your property defaults.
The security deposit is pre-filled from your property defaults, but you can adjust it for this specific lease.
Click Send for e-signature. The tenant signs on their phone and the lease activates automatically.
Once sent for e-signature, the tenant receives a link to sign on their phone — make sure their contact details are correct.
What's next
With the lease signed and active, you're ready to collect rent and manage the tenancy. Set up payment collection or link your bank account to track deposits automatically.