Residential lease forms are documents which are to be used by landlords, realtors, property owners, and tenants to record agreements and negotiations about a lease. Having the right residential lease form will help the parties involved in a lease to lay out their obligations and responsibilities, as well as their expectations and their needs. In addition, there are also specific residential lease forms which are deemed legal and are required to be filled out by the parties of the lease before any transaction will be made.
Residential Lease Form Sample
Residential Lease Guaranty Form
Residential Rent Lease Verification Form
Residential Sublease Agreement Form
Varieties of Residential Lease Forms
Residential Lease Agreement Form – For a tenant aims for a long term rental to a residential property, then a rental agreement form must not be used rather a residential lease agreement form. The difference between the two documents is that a rental agreement is intended for month-to-month or short term tenancy while the latter is for more six months or annual tenancies. Furthermore, in a residential lease agreement form, the tenant and the landlord will be able to outline the terms and conditions to be observed throughout the period of the lease. The due dates, security deposit requirement, fees, and policies mandated by the landlord and the property owner will be defined in this lease form variety.
Residential Lease Agreement Form
Residential Lease Application Form – The purpose of a residential lease application form is to document relevant details and information about an applicant who wants to be a tenant in the lease. There are five sections in the form which should be filled out by the tenant and a section to be completed by the landlord for indicating dates when the application and payments were received. In the first section of the form, the details of the rental property and the lease will be indicated such as the address of the property, the period of the lease, the rental and security deposit amounts, and the processing fees required by the landlord. The second section of the form, on the other hand, centers on the applicant’s information including his mortgage information, addresses, and employment history.
Residential Lease Application Form
In addition, if the applicant is to occupy the property with another individual, then the details of his partner should be stated in the third section of the form to identify who the co-applicant is. Moreover, the last two sections of the form record the details of the possible other occupants, pets owned by the applicant, vehicles to be parked in the premises of the property, and the authorization of the applicant.
Residential Lease Extension Addendum Form – In order for a tenant to remain in the property that he is renting out, he must have the approval of the landlord, and he should be able to receive a residential lease extension addendum form. The focus of the addendum form is to formally acknowledge the lease extension which was permitted by the landlord. The form will state the names of the residents in the leased property, the address of the property, the extension date, the rental amount to be paid for the lease, and the starting date for executing the extension. And to complete the form, the residents and the landlord must affix their signatures in the allotted areas.
Residential Lease Extension Addendum Form
Residential Lease Guarantor Form – Guarantors are authorized individuals who are deemed responsible for paying the unpaid rents and fees of a tenant if the tenant himself fails to pay on time as he remains in the leased property. For this, a residential lease guarantor form must be filled out and be signed by the tenant’s chosen guarantors. In the form, the affirmation of the guarantor to guarantee and take over the unmet responsibilities of the tenant will be stated as well as the details of the lease and the names of the parties involved. Other data which are to be disclosed in the form by the guarantor includes his contact information, social security number, and his home address.
Residential Lease Guarantor Form
Residential Lease Agreement Pet Addendum Form – Tenants who own pets must first inform their landlord and the property owner about keeping the pet in the residential property. This is when a residential lease agreement pet addendum form will need to be created and be signed by the tenant and the landlord. The purpose of the form is to enlist the terms, conditions, and the permissions granted by the landlord for the tenant who is the owner of the pet. The form will also indicate the name of the pet along with a few descriptions about the pet’s breed, kind, and physical nature. Additionally, the pet fees which must be paid by the tenant will also be included in the form as well as the other payments to be provided if ever the pet causes any damage and loss in the property.
Residential Lease Agreement Pet Addendum Form
Residential Lease Purchase Option Form – If a property owner allows his tenant to purchase the property after renting it, then a residential lease purchase option form must be created and be finalized. The option price that the tenant will be paying to purchase the property will be stated in the form along with the expiration date of the offer. In addition, the responsibilities of the tenant which must be met during the lease term are also included in the form as well as other statements and particulars relevant to be known by the residential lease tenant.
Residential Lease Purchase Option Form
Residential Lease Termination Letter Form – To inform a landlord that a tenant wants to terminate a lease or vacate the leased property, a residential lease termination letter must be sent. The formal letter will indicate the tenant’s reasons as well as his affirmations in providing the unpaid rents and fees.
Residential Lease Termination Letter Form
Moreover, residential lease forms must also be photocopied upon completion. Each photocopied form or duplicate will be provided to each party to allow all the involved parties of the lease have their own reference about the document that they have signed during the period of the lease. And lastly, it is important that agreements and contracts in lieu of a residential lease should be updated and reviewed periodically to ensure that the contents still meets the standards and requirements of the State or country, as well as the needs of each party.
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