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LeaseBase Property Owner
Agreement (v2)

Version 2.1 — Effective Date: September 1,
2026
Company: LeaseBase Inc.
Website: leasebase.ai

This Property Owner Agreement (“Agreement”) governs the use of
LeaseBase services by property owners who list rental properties or
collect rent payments through the LeaseBase platform.

This Agreement supplements the LeaseBase Terms of Service and Payment
Terms.

By registering properties or collecting rent through LeaseBase, you
agree to this Agreement.

1. Owner Eligibility

To use LeaseBase as a property owner, you must:

  • be at least 18 years old
  • have legal authority to rent the property listed on the
    platform
  • maintain a valid Stripe connected account for receiving
    payments

Owners may be required to complete identity verification through
Stripe Connect Express.

LeaseBase may suspend accounts that fail identity verification
requirements imposed by Stripe.

2. Role of LeaseBase

LeaseBase provides software tools that allow property owners to
manage rental relationships with tenants.

LeaseBase:

  • is not a landlord
  • is not a property manager
  • is not a real estate broker
  • is not a financial institution
  • is not a party to lease agreements

LeaseBase does not own, control, manage, inspect, or maintain any
property listed on the platform.

All rental agreements exist solely between the property owner and the
tenant.

3. Property Listings

Owners may list residential rental properties on the LeaseBase
platform.

By listing a property, owners represent that:

  • they have legal authority to rent the property
  • the property complies with applicable housing laws
  • property information provided is accurate and not misleading

LeaseBase does not independently verify property ownership or listing
accuracy.

4. Owner Responsibilities

Property owners are solely responsible for:

  • complying with federal, state, and local landlord-tenant laws
  • ensuring property habitability and safety
  • setting rental terms and payment schedules
  • screening and selecting tenants (including full compliance with the
    Fair Credit Reporting Act — see Section 5A)
  • enforcing lease agreements
  • managing tenant disputes
  • handling eviction proceedings when necessary
  • reviewing AI-generated lease documents for legal compliance before
    execution
  • ensuring electronically signed documents comply with applicable
    laws

LeaseBase does not provide legal or property management services.
Tenant screening is facilitated through third-party consumer reporting
agencies (currently Soft Pull Solutions and Checkr) and LeaseBase does
not make screening decisions on your behalf.

4A.
Virtual Phone Number and AI Responder Responsibilities

Property owners who use the virtual phone number and AI responder
features are responsible for:

  • Reviewing AI-generated interactions with tenants and prospective
    tenants for accuracy
  • Ensuring AI responder configurations do not produce discriminatory
    or misleading responses
  • Not configuring the AI responder to make statements that violate
    fair housing laws
  • Complying with the Telephone Consumer Protection Act (TCPA) for any
    outbound automated calls or text messages
  • Obtaining appropriate consent before sending automated
    communications to tenants or applicants

LeaseBase is not liable for decisions made by tenants or prospective
tenants based on AI-generated communications. The AI responder does not
make binding commitments on behalf of the property owner.

5. Fair Housing Compliance

Property owners must comply with all applicable fair housing laws
including:

  • the Fair Housing Act
  • the California Fair Employment and Housing Act
  • any other applicable anti-discrimination laws.

Owners may not discriminate against prospective or current tenants
based on protected characteristics including:

  • race
  • color
  • national origin
  • religion
  • sex
  • gender identity
  • sexual orientation
  • familial status
  • disability
  • marital status
  • source of income
  • any other protected class under applicable law.

Violation of fair housing laws may result in account suspension or
termination.

5A. Tenant Screening
and FCRA Obligations

5A.1 Screening Providers

LeaseBase facilitates tenant screening through third-party consumer
reporting agencies, currently Soft Pull Solutions and Checkr. LeaseBase
is not itself a consumer reporting agency.

5A.2 Owner Obligations
Under the FCRA

By using LeaseBase’s screening features, you agree to comply with the
Fair Credit Reporting Act (15 U.S.C. § 1681 et seq.) and all applicable
state screening laws. Specifically, you must:

(a) Permissible Purpose. Only request screening
reports for evaluating bona fide rental applications. You certify a
permissible purpose each time you initiate a screening request through
the platform.

(b) Applicant Consent. Ensure the applicant has
provided written (electronic) consent before a consumer report is
obtained. LeaseBase facilitates this through the in-app FCRA Disclosure
& Authorization flow.

(c) Pre-Adverse Action Notice. If you intend to deny
an application based in whole or in part on information in a consumer
report, you must first provide the applicant with: (i) a copy of the
consumer report, (ii) a copy of the CFPB Summary of Rights, and (iii) a
pre-adverse action notice. LeaseBase automates this workflow through the
platform.

(d) Waiting Period. After sending a pre-adverse
action notice, you must wait at least five (5) business days before
taking final adverse action, allowing the applicant time to dispute
report accuracy.

(e) Final Adverse Action Notice. After the waiting
period, if you proceed with denial, you must provide a final adverse
action notice identifying the consumer reporting agency and informing
the applicant of their rights. LeaseBase generates this notice through
the platform.

(f) Consistent Criteria. You must apply screening
criteria consistently to all applicants for the same unit. LeaseBase
provides tools to define and document screening criteria.

(g) California AB 2493. For California properties,
you must process applications in the order received and may not consider
a subsequent application until the prior one has been resolved.
LeaseBase enforces application ordering for California properties.

5A.3 Prohibited Uses

You may not use screening reports for any purpose other than
evaluating the specific rental application, including sharing reports
with third parties, using reports for employment decisions, or retaining
reports beyond the application evaluation period.

5A.4 Screening Fee Compliance

Screening fees charged to applicants must comply with applicable
state limits. In California, applicant screening fees may not exceed the
amount set by Civil Code Section 1950.6. LeaseBase enforces applicable
fee caps.

5B. Electronic Signatures

5B.1 E-Signature Platform

LeaseBase provides electronic signature capabilities through
DocuSeal. By using e-signature features, you acknowledge that
electronically signed documents carry the same legal weight as
handwritten signatures under the E-SIGN Act and applicable state UETA
laws.

5B.2 Owner Responsibilities

You are responsible for:

  • Ensuring lease documents and other agreements are legally compliant
    before sending for signature
  • Verifying signer identity through the platform’s verification
    features
  • Retaining signed documents in accordance with applicable record
    retention requirements
  • Providing paper copies to signers upon request

6. Lease Agreements

Owners may upload their own lease agreements or use LeaseBase’s
AI-assisted lease generation tools.

LeaseBase provides lease templates and AI-powered document generation
as a convenience. These are provided for informational purposes only and
do not constitute legal advice.

LeaseBase does not guarantee the enforceability of any lease
document, whether uploaded, generated, or signed through the
platform.

Owners are responsible for ensuring lease agreements comply with
applicable federal, state, and local laws. LeaseBase strongly recommends
review by qualified legal counsel.

7. Rent Payments

LeaseBase provides tools that allow tenants to submit rent payments
through the platform.

Payments are processed by Stripe Connect Express.

Payment flow:

Tenant → Stripe → Property Owner

LeaseBase does not hold or store tenant funds.

Owners must maintain an active Stripe connected account to receive
payments.

8. Payment Disputes and
Chargebacks

Property owners are responsible for responding to payment disputes
initiated by tenants or their financial institutions.

If a tenant disputes a payment (chargeback), the property owner is
responsible for resolving the dispute through Stripe.

LeaseBase is not responsible for financial losses resulting from:

  • chargebacks
  • disputed payments
  • tenant payment failures.

9. Maintenance and Repairs

Owners are solely responsible for maintaining rental properties in
safe and habitable condition.

LeaseBase may provide tools for tenants to submit maintenance
requests.

However, LeaseBase does not perform repairs or guarantee maintenance
outcomes.

10. Vendor Relationships

Owners may hire vendors or contractors to perform maintenance or
repair work.

All vendor relationships exist directly between the property owner
and the vendor.

LeaseBase is not responsible for:

  • vendor services
  • contractor performance
  • damages resulting from repairs.

11. Security Deposits

Property owners are responsible for collecting, managing, and
returning security deposits in accordance with applicable laws.

LeaseBase may provide tools to record deposit information but does
not act as a deposit escrow service.

12. Taxes

Owners are responsible for reporting and paying all applicable taxes
related to rental income received through the platform.

LeaseBase does not provide tax advice or tax reporting services.

Stripe may provide certain tax documentation as required by law.

13. Insurance

Property owners are responsible for maintaining appropriate insurance
coverage for their rental properties.

This may include:

  • landlord insurance
  • property insurance
  • liability insurance.

LeaseBase is not responsible for property damage or tenant
claims.

14. Platform Fees

Owners agree to pay the applicable LeaseBase subscription fees for
using the platform.

Current pricing tiers:

  • Platform: $19 per month
  • Assistant: $49 per month
  • Operator: $99 per month

Plan features and pricing details are available at
leasebase.ai/pricing. LeaseBase may update pricing with advance
notice.

15. Owner Indemnification

Owners agree to indemnify and hold harmless LeaseBase Inc. and its
officers, employees, and affiliates from any claims arising from:

  • rental agreements
  • tenant disputes
  • property conditions
  • housing law violations
  • vendor services
  • misuse of the platform.

16. Limitation of Liability

LeaseBase’s liability related to owner use of the platform shall not
exceed the amount of fees paid by the owner during the previous 12
months.

LeaseBase shall not be liable for:

  • tenant disputes
  • property damage
  • rental income losses
  • legal claims arising from lease agreements.

17. Suspension or Termination

LeaseBase may suspend or terminate owner accounts for:

  • fraud
  • illegal rental activity
  • violations of housing laws
  • misuse of the platform
  • failure to comply with these terms.

18. Changes to this Agreement

LeaseBase may update this Agreement periodically.

Owners will be notified of material changes through the platform or
via email.

Continued use of the platform constitutes acceptance of the updated
Agreement.

19. Contact Information

LeaseBase Inc.
447 Sutter St
Ste 506 – 1438
San Francisco, CA 94108

info@leasebase.ai