Rental Lease Agreements are a form of legally binding contract that indicates all necessary information pertaining to the rental or the lease of a rental unit.
Having a Rental Lease Agreement is important in the land-lording business because it creates ground rules for both the tenant and the landlord to maintain a peaceful business relationship. Our Agreement Forms cover different types of Rental Lease Agreement Forms for renewals and new renters.
Free Rental Lease Agreement Form
Room Rental Lease Agreement Form
Renew Rental Lease Agreement Form
Rental Property Lease Agreement Form
Blank Rental Lease Agreement Form
The Perks of Using Rental Agreements When Renting Out Properties
A Rental Lease Agreement is a form of contract between a landlord and a tenant and is therefore legally binding. Rental Agreements serve as a means of protection for the landlord because it allows him to properly establish set terms and regulations with the tenant, such as issues pertaining to the repair and maintenance of the property, proper garbage disposal, house rules, and terms of payment.
Rental Lease Agreements also safeguard a tenant’s interests because these help to ensure that the cost of the monthly charges for the rental unit stay as is and that outstanding increases with the monthly dues are properly communicated and done with prior notice.
Rental Agreements and its Contents
Names of All the Occupants
Rental Contracts should incorporate a list of names of all the occupants in a leased space. Listing down the names of all the tenants residing in the property makes them all obligated to pay the rent and abide by the terms. In this way, when one tenant goes amiss, you will still have legal rights to demand payment from the other occupants.
Specify Occupant Limitations
Another way to set proper expectations among your renters is to establish a clear indication of the allowed number of tenants in one rental unit. Applying this technique to your Rental Contracts will guarantee that the only people residing in your rental space are those who have been properly screened.
Rental Lease Agreement Short Form
Apartment Rental Lease Agreement Form
Basic Rental Lease Agreement Form
Commercial Rental Lease Agreement Form
House Lease Rental Agreement Form
Indicate the Length of the Tenancy
Rental Agreements should also specify if the length or duration of the tenancy is a mere rental or if it is a fixed-term lease. Rentals usually renew every month while a lease usually lasts for several months or a year.
Payment and Schedules
The amount of rent due should also indicate the specific date it is due and the mode of preferred payment. Including penalties for late payments or bouncing checks would also be a great way to set proper expectations of your renters and helps to avoid late payments.
Advanced deposits and security deposits, their uses, and how they will be refunded have to be clearly defined in your Rental Contract to avoid confusion and misunderstanding between you and your renter down the road.
Repairs and Maintenance
The terms for repairs and maintenance also have to be properly established in the contract. Tenants have to be informed that it is their responsibility to maintain the cleanliness of the property and that incurred damage to the property, whether intentional or unintentional, will have to be covered by the tenant or may be taken from his security deposit.
Policies and Restrictions
House rules and restrictions such as certain guidelines for a tenant with a pet, illegal business, excessive noise, or disruptive behavior have to be clearly defined in your Rental Agreement to avoid trouble among your tenants and damage to your property.
Constructing Lease Agreements can take time. You’ll want to make sure that your Agreement Form covers all the necessary details that should be found in an enforceable contract. Download or print our free Rental Agreement Forms to help you save time and from the hassle of having to formulate one from scratch.
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