Search Better Landlords Forum

Forum Home Forums TurboTenant Support Product Announcement: Updates to our Lease Agreements

  • Product Announcement: Updates to our Lease Agreements

    By Raj Karyampudi - 01.30.25 5

    Hi! I’m Raj, TurboTenant’s Group Product Manager focused on our Residency Suite of products. My team builds and maintains products like maintenance, e-sign, multi user access, forms and Lease Agreements. We are constantly making things better, but don’t really get a chance to tell people about what we do. I’m trying a new thing here by posting an update to this forum on 4ish exciting improvements to our Lease Agreements!

    Reusable Lease Agreement Templates

    If you’ve already used our builder to create a state specific Lease Agreement, you can copy from it so you don’t have to start over. We copy most things over but remove things like tenants and dates that you’d likely change with a new Lease Agreement anyway. Copy is only available on builder-created Lease Agreements of the same state since there are too many variations between states to make it a clean copy.

    Configurable Late Fees

    We’ve heard you on this and now allow for fairly advanced late fee customization. We think we struck the right balance now by providing you with guidance on your state laws, but allow you to set your own fee amounts, dates applied, and grace period. TurboTenant will then also get some draft charges created for you so whether or not you choose to use Rent Payments by TurboTenant or Payment Tracking, you can save a few steps with payment reminders.

    Early Termination

    Another common request from users was a comprehensive early termination section. You now have the ability to determine if you’d like to include this clause, specify what exemptions you wish to allow and also easily customize the terms yourself. In typical TurboTenant style, we here too provide guidance on which exemptions are required by law in your state.

    Co-signers

    For some of our landlords, especially in college towns, accommodating tenants with co-signers is a frequent occurrence. Though we previously provided some instruction in the lease agreement on how to handle co-signers, we didn’t make it easy. Now we ask for their info and attach the co-signer addendum form and include their e-signature too.

    Always Updated to be State Specific

    TurboTenant is committed to providing legally sound and up-to-date Lease Agreements. Though we don’t really announce them, we are constantly reading state laws and are making updates where needed. Just in the last quarter, we updated our agreements to reflect the latest legal changes in many states, including Virginia, California, Maryland (also Baltimore and Montgomery County), Colorado, Florida, Missouri, Oklahoma, Illinois (also Chicago and Cook County), New Hampshire, Georgia, Pennsylvania, and more.

    With thousands of landlords across the country using our Lease Agreements weekly, we do our best, but there is always room for improvement. If you have questions or feedback (we like compliments too!) please feel free to respond and someone from our team will respond when we can.

    5
  • Kane Francetich

    Member
    25.02.25

    Thanks, Raj. You and your team’s work is appreciated.

    Do you have any plans to include some basic reporting? Many of us do not need the full accounting package, but could benefit from some simple reports. For example, a simple Rent Roll report would be very helpful. The fields that we would want included are: Tenant Name, Phone Number, Email Address, Building and Unit, Rent Amount, Lease Start Date, and Lease End Date. Just those fields, in an exportable report (xls, ods, csv). That would be SO helpful.

    • [email protected]

      Member
      24.03.25

      Hi Kane, thank you for the feedback! I’ll pass this along to the Product Manager that works on that part of the product and ask him to weigh in here if possible.

    • Luciano Vizza

      Administrator
      25.03.25

      Hey Kane, a Rent Roll report within TurboTenant is something we’ve been discussing recently actually! Thanks for sharing this request. I don’t have a set timeline yet on when we’d launch a Rent Roll report but your input here helps us prioritize that work.

  • [email protected]

    Member
    08.03.25

    Hi Raj, thank you for the info. As a new landlord and reviewing other draft leases for my state of Virginia, I wanted to ask if there was any way for us to customize the TT lease once it has been completed or before it is finalized (i.e, I just don’t love the font/format as much as other real estate generated agreements).

    Also, it would be REALLY awesome/helpful, if there was a way to add additional information into the site generated lease agreement, i.e. I have an HOA and I want to add specific related language into my lease agreement, and I want the flexibility to add other useful information specific to my property or that I’ve seen in other lease agreements that I found useful to include, I want to add specific language into my lease agreement.

    As it stands now, I can use your format, download, edit, and re-upload, but it would be nice if I could use your format, add additional sections in the TT site, and finalize without downloading to make additional modifications.

    Hope this makes sense, thank you.

    • [email protected]

      Member
      24.03.25

      Hi Raj, thank you for the info. As a new landlord and reviewing other draft leases for my state of Virginia, I wanted to ask if there was any way for us to customize the TT lease once it has been completed or before it is finalized (i.e, I just don’t love the font/format as much as other real estate generated agreements).

      Also, it would be REALLY awesome/helpful, if there was a way to add additional information into the site generated lease agreement, i.e. I have an HOA and I want to add specific related language into my lease agreement, and I want the flexibility to add other useful information specific to my property or that I’ve seen in other lease agreements that I found useful to include, I want to add specific language into my lease agreement.

      As it stands now, I can use your format, download, edit, and re-upload, but it would be nice if I could use your format, add additional sections in the TT site, and finalize without downloading to make additional modifications.

      Hi Christina! Thank you for the feedback! I’ll address each on its own.
      1. You may customize the lease agreement using the “Advanced editor” when you are done. We only recommend it if you want to make substantial changes to your lease agreement since it makes it harder for you to use as a template for your next lease agreement in the future. It’s in the top right of the builder (as pictured)

      2. You can also use the advanced editor for this, but if its not a substantial update you can use the “Additional Terms” in the “Provisions and Attachments” section of the builder. This is where most people do this. Or they attach some addendums.

      Please let us know if these meet your needs!

Log in to reply.