Residential Lease
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How to structure a Residential Lease Agreement? Download this Residential Lease Agreement template for your reference.
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How to structure a Residential Lease Agreement?
This basic residential lease agreement is made between the Parties, “Tenant" and "Landlord”. The following articles are included in this Residential lease agreement:
- Parties
- Terms
- Payments
- Security deposits
- Late charge
- Utilities
- Occupants
- Pets
- Liquid filled furnishings:
- Parking:
- Noise
- Destruction of premises
- Condition of premises
- Alterations
- Property maintenance
- House rules
- Change of terms
- Termination
- Possession
- Insurance
- Right of entry and inspection
- Assignment
- Partial invalidity
- No waiver
- Attorney fees
- Jointly and severally
- Report to credit/tenant agencies
- Lead notification requirement
- Additions and/or exceptions
- Notices
- Inventory
- Keys and addendums
- Entire agreement
- Receipt of agreement
- Signatures
Sample content:
This Rental Agreement or Residential Lease shall evidence the complete terms and conditions under which the parties (Resident or tenant, and Owner) whose signatures appear below have agreed.
SECURITY DEPOSITS: The total of the above deposits shall secure compliance with the terms and conditions of this agreement and shall be refunded to RESIDENT within days after the premises have been completely vacated less any amount necessary to pay OWNER a) any unpaid rent, b) cleaning costs, c) key replacement costs, d) cost for repair of damages to premises and/or common areas above ordinary wear and tear, and e) any other amount legally allowable under the terms of this agreement.
CONDITION OF PREMISES: RESIDENT acknowledges that he has examined the premises and that said premises, all furnishings, fixtures, furniture, plumbing, heating, electrical facilities, all items listed on the attached property condition checklist, if any, and/or all other items provided by OWNER are all clean, and in good satisfactory condition except as may be indicated elsewhere in this Agreement.
POSSESSION: If OWNER is unable to deliver possession of the residence to RESIDENTS on the agreed date, because of the loss or destruction of the residence or because of the failure of the prior residents to vacate or for any other reason, the RESIDENT and/or OWNER may immediately cancel and terminate this agreement upon written notice to the other party at their last known address, whereupon neither party shall have liability to the other, and any sums paid under this Agreement shall be refunded in full.
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