The late fees or the maximum amount a landlord may charge for late rent is not defined in most States. housing.ucsc.edu. If the rent is greater than $700/month, the late cannot exceed more than $20/day or $100/month. (21) If there is a security deposit, it should be selected and the amount entered. 5. This Blank Lease Agreement Sample is made when the owner is giving his property to a person or family for a stay or gave it for the purpose of business with the exchange of rent. They will commonly have to pay the prorated amount of rent based on the number of days they moved in early. Use the following resources to conduct your search: The landlord should contact past employers, past landlords, and any non-family references provided in the application. Utilities – Most long term rentals do not pay for all utilities for the tenant. Read on and be informed of the significance of having even a simple room rental agreement between landlord and tenant: To Clarify the Legal Rights of the Tenant. From A to Z, use the glossary to know specific terms of a lease agreement. Roommate (Room Rental) Agreement – For a roommate seeking others to join in paying rent in a residential unit together. (11) If there are any furnishings, such as couches, chairs, beds, curtains, etc. Since it is a legal document, it has to be very carefully created.But that is not always an easy task. Residential Landlord and Tenant Act, Title 46 (2013 Revised Statutes “PROPERTY”), Chapter 5321 (Titled: Landlords and Tenants), Title 10, Chapter 90 (Residential Landlord & Tenant), Landlord and Tenant Act of 1951 (Title 68), Residential Landlord and Tenant Act (Chapter 34-18), Residential Landlord and Tenant Act (Title 27, Chapter 40), Title 66, Chapter 28 (Uniform Residential Landlord and Tenant Act), Title 9, Chapter 137: Residential Rental Agreements, Virginia Residential Landlord and Tenant Act, Emergency Tenant Protection Act 576/74(f), Housing Stability and Tenant Protection act of 2019, 60 days the termination date and delivery of possession, 14 days if the tenant leaves on-time, 30 days if not, 14 days from move-out inspection (excl. Property Description – In the following paragraph the address of the premises should be described thoroughly including the number (#) of bedrooms, bathrooms if the property is shared, common areas, and any other details that should be written. Use to protect the rights of both parties. Commercial Lease Agreement – Agreement in relation to the renting of property for a business related use such as office, retail, or industrial property. With the popularity of sites like Airbnb, it is essential to have the right sub-letting language within your agreement. Create Document. 2 months’ rent, for tenancy-at-will only 1.5 months’ rent, 30 days if no deductions, if deductions then an additional 30 days, 1 month’s rent for no pets, 2 months’ rent if pets, 14 days if no deductions, 45 days if deductions, 60 days unless the property is re-rented within 45 days, then immediately, 30 days from lease termination or 15 days from receiving the tenant’s forwarding address, whichever is lesser, 24 for non-emergency, 48 hours for the move-out inspection, On the due date in the lease, but there is a 5-day grace period before a late fee may be imposed, On the due date in the lease, but there is a 4-day grace period before a late fee may be imposed. Security deposit (if required), 1st month’s rent, and any pro-rated rent (if the tenant is moving-in before the lease start date). The California residential lease agreement (“rental agreement”) is a binding agreement between a landlord (“property owner“) and tenant (“occupant“) to rent residential property in exchange for rent payment. Title 35, Chapter 9A (Uniform Residential Landlord and Tenant Act), Title 34, Chapter 3 (Uniform Residential Landlord and Tenant Act), Title 33, Chapter 10 (Residential Landlord and Tenant Act), Title 18, Subtitle 2, Chapter 17 (Arkansas Residential Landlord-Tenant Act), A Guide to Residential Tenants’ and Landlords’ Rights and Responsibilities, Chapter 830 – Rights and Responsibilities of Landlord and Tenant, Title VI, Chapter 83, Part II – Residential Tenancies, Title 44, Chapter 7 – Landlord and Tenant, Chapter 521 Residential Landlord-Tenant Code, Title 32, Article 31 (Landlord-Tenant Relations), Chapter 562A (Uniform Residential Landlord and Tenant Law), Chapter 58, Article 25 (Landlords and Tenants), KRS Chapter 383 (Uniform Residential Landlord and Tenant Act), Attorney General’s Guide to Landlord and Tenant Laws, Real Property, Title 8 (Landlord and Tenant), Chapter 186 (Estates for years and at will), Title 89 > Chapter 7 – Landlord and Tenant, Chapter 24. Free Rental Lease Agreements | PDF & Word Templates Download residential and commercial leases that allow a landlord and tenant to come to a binding agreement over the use of property upon terms such as start & end date, monthly rent, utilities, parking, common … A rental agreement or a lease agreement is a contract between two or more parties that defines the partnership terms and how the profits will be shared among them. This should mention the “landlord“ and “tenant“ along with their legal mailing addresses. Download: Adobe PDF, MS Word (.docx), OpenDocument. Commercial Lease Agreements – For the use of any type of retail, office, or industrial space. Quickly Customize. A specific, detailed lease may mitigate disputes and misunderstandings as well as … (25) Enter all utilities that the landlord will be responsible for during the term of the lease. Parties – In the first (1st) paragraph the parties should be introduced. At the time of authorization the landlord and tenant should exchange the following: Access (keys) to the premises and all common areas (unless the occupancy does not occur until a later time). Download. Some States have limits on how much a landlord may charge but it is always recommended to have a fee. On the search for specific, professional, and printable private lease agreement samples?We can help you hasten your work. If pets are allowed, the landlord can limit the number of pets, types, and how much they weigh. Laws in the real estate and property management differs from one state to another and even state, so, it is important that you understand the laws in the contracting area. It is a fixed arrangement usually lasting for a period of one (1) year and both parties shall be bound until the end of its term. Sub-Letting – The act of subletting is the tenant acting as the landlord and re-leasing the property to another individual, also known as the “sublessee”. 5 Tips on Marketing Rental Property with Social Media, How to Write Real Estate Ads That Appeal to Real Renters, Five Pieces of Furniture Landlords Must Include in Fully Furnished Apartments, Why You Should Prioritize an Open House Sign-In Sheet, BiggerPockets Podcast – Student Rentals, Multifamily, & the Silent Cash Flow Killer, Smart Homes and Integrations Within the Rental Industry, 5 Little Known Real Estate Investing Tips. If a fixed lease, there will be a start and end date. Standard Residential Lease Agreement – Typically for a one (1) year period but can be for any fixed period. (22) In some States, a move-in inspection is required. If you are looking for a basic, standard or simple rental agreement in a Word document, there are many to choose from. In the event there is an option, usually, it will come at a fee or cost to the tenant. (26) Gives the tenant the option to terminate the lease early. Although, the rent is still considered late and will reflect negatively on the tenant’s rental history. If the offer is conditionally accepted, the landlord will move ahead and ask for the tenant to complete a Rental Application and pay a small fee (commonly used to only cover the cost of showing the property and run a background check). Late Charges – Electing to have a late fee is a way landlords try to penalize a tenant for not paying their rent in a timely manner. (5) Enter all the names of the occupants. Make sure that all parties have received a copy and the form will become legally valid. Some of the basic terms you should be aware of that are used in rental agreements are the following: Lease Term – This is the length of the lease. We have sharing several Rental Agreement Templates just to help you prepare your own agreement quickly. (31) Although not required, it’s highly recommended that the tenant’s address is also entered for notices (most commonly is the address of the premises). (19) If the tenant is required to pre-pay rent in advance it should be selected. At the end of the lease period, the landlord will decide whether or not to renew the lease. One (1) Page Lease Agreement – For residential use as a simple agreement between a landlord and tenant. In some cases, it is better to use pet addendums but a common section within rental agreements all allow for separate pet deposits. Tenancy agreement A tenancy agreement is almost similar like rental agreement paper where a contract is made between two parties (tenant and landlord). Room Rental Agreement Template: Free Download, Create, Edit, Fill and Print. This lease is valid for some specific time and tenant has to leave the house after that if asked by the owner. State-Specific Templates Most states vary by rental law but all of them abide by the fair housing act. Month-to-Month Lease Agreement – Also known as a “tenancy-at-will” it allows the tenant and landlord to have a binding arrangement that may be altered with thirty (30) days’ notice. Lease-Purchase (Lease to Own) Agreement – Agreement that structures rental payments in combination with payments to own the property. If month-to-month, then a start date is required and the time period when either party may terminate the agreement (see month-to-month termination laws). If the tenant(s) meet the landlord’s qualifications a lease should be drafted (Instructions – How to Write). Landlordo is your source for rental news, tips, technology and more. A landlord will usually allow this for a fee of one (1) month’s rent. Appliances – The landlord should describe all appliances on the premises prior to move-in such as microwaves, washer/dryer, etc. Pets – If animals are allowed on the premises it should be stated. The Maryland commercial lease agreement is a legal contract that binds an individual or entity to make monthly payments to a landlord in exchange for the use of office, industrial, or retail space. Receipt of Agreement – The lease is not valid unless all parties have received receipt and acknowledgment of the lease. (24) If the landlord would like the option for the tenant to move out upon the sale of the property, it should be selected. weekends and holidays), 2 months’ rent (unfurnished), 3 months’ rent (furnished), 1 month if mentioned in the lease, 2 months if not, 1 month’s rent is 62 years or older, 2 months’ rent if younger, 30 days from the move-out date or 15 days from receiving the tenant’s new address. Landlord’s access is the right to enter the property of the tenant with sufficient notice. (10) Enter the use(s) for the premises. All rights reserved. Must be a “good faith estimate of the damages likely to be suffered by the landlord in the case of a late payment.” Also, the late fee must be written in the lease. Simple Room Rental Agreement Sample. For a Most states vary by rental law but all of them abide by the fair housing act. For a fixed term such as 12 months. Just because it is a legal contract does not mean that you need to make is confusing. Details like the amount of rent, security money and time of termination will be mentioned in the agreement. Use the Right to Entry Form and can be given to an occupant on the property, posted or placed under their door, or mailed to them (6 days before entry date). Clarify Who Is Involved. Guests – This is the section that notes and describes the maximum amount of guests a renter can have on the property at anyone time. A Lease vs Rental Agreement: What Are the Differences? Parking – If there is parking on the premises the landlord may or may not offer a spot for the tenant. 1. There are two (2) types: Termination – In most standard leases there is no option for the tenant to cancel the lease. Maryland Commercial Lease Agreement Template. Some basic utilities like trash and water may be included in the rent but other utilities like gas, electricity, internet and cable is usually the responsibility of the renter. Month to Month Rental Agreement Template: Free Download, Create, Edit, Fill. 1. Rental Lease Agreement Templates | Residential & Commercial Create a high quality document online now! No limit for residential leases more than 1-year. Most long term lease arrangements are at least 1 year but some terms can be month to month. 1 month’s rent for leases 1-year and under. As a landlord, it is important to have any lease term end in a seasonally beneficial time period so if the tenant does not renew, you can find a replacement relatively quickly. Property Description – This is the section that describes the location of the rental property including address, number of beds, baths, type, common areas, etc. The landlord must send the security deposit back to the tenant, less any deductions, in accordance with security deposit returning laws. The contact details, the event details such as event date, start and end time, setup-wrap time, the number of guests expected, and the payment details of the service can be found. Term – This is the length of the lease, and should be described. The document must follow all State Statutes and contain all disclosures as provided by law. Chicago only – $10.00 per month for the first $500.00 in monthly rent plus five percent per month for any amount in excess of $500.00 in monthly rent for the late payment of rent. Instantly Download Free Lease Agreement Templates, Samples & Examples in Microsoft Word (DOC) Format. 1 month’s rent for 1-year leases. Most States have required disclosures that the landlord must give to the tenant. Renewal Letter – To renew a lease and make any changes to the agreement such as monthly rent. Security Deposit – The amount that is due at the time of lease signing. This is when the tenant rents out the property to someone else. Notices – If the tenant or landlord violates any part of the lease the parties should both have addresses (mailing and/or e-mail) of where each may be able to send a notice. JotForm offers you free Event Facility Rental Agreement template. Common terms and conditions included are the length of the occupancy, the amount of the periodic payment, and restrictions on the use of … A good start could be a standard rental agreement, and then you can later change it to fit your individual needs. Details. Parking Space Rental Agreement – Make a contract to park an automobile, recreational vehicle (RV), all-terrain vehicle (ATV), or motorcycle. Utilities – The landlord may opt to pay all, some, or none of the tenant’s utilities. (12) If the landlord has any appliances on the premises such as a microwave, refrigerator, washer, dryer, etc. So write an agreement that both parties will understand and abide by. The best month to have your lease renew is during the typical moving months of June, July and August. Kansas Required Lease Disclosures. It can be terminated with proper notice, which varies by state. A rental agreement is an important document designed to protect both landlords and tenants. All other utilities will be paid by the tenant. Sample Filled in copy: If you’re not sure what to write or type in any of the blanks of the lease, we’ve prepared a sample copy below on the next page. (17) Whether or not there is a late fee. Family Member Rental Agreement – When a relative comes to live in the same home as a family member. Most will provide some, such as water/sewer, but most will elect the tenant to decide for themselves whether cable, internet, and any other they decide to have. Sublease (Sublet) Agreement – The renting of space a tenant has to someone else. The main lease topics are as follows (alphabetical). The notice period is decided by the State the property is located. (30) It is required in almost every State that the landlord’s address is provided for official notices. This is always recommended to protect the tenant from their security deposit being wrongfully deducted at the end of the lease for pre-existing damage to the premises. As always, it is important to review your local renter / tenant laws with a local real estate attorney before giving any rental agreement to a potential tenant. (20) The proration period is selected if the tenant wants to move-in before the lease start date. The landlord and tenant should meet to discuss the specific terms and conditions of the lease, mainly consisting of the: The lease is not required to be witnessed (although it is always recommended to have at least one). For example, if there are 6 months left on the rent, the tenant is responsible for paying the remaining 6 months plus any other early termination fees. A month-to-month lease agreement (“tenancy at will”) is a legal contract between a landlord and tenant for the rental of real property with a monthly pay period and no specified end date. Rental Application – Used by a landlord to collect a tenant’s personal information and obtain consent to run a credit report. Some states have limits on the amount a landlord can charge on late fees. … PDF; Size: 260 KB. If you are looking for more customizable rental lease agreements, you can use some of the below paid and free services that walk you through the rental agreement process. A standard residential lease agreement is the most widely used landlord-tenant contract for renting residential property. This may be completed by a new roommate or as a collective group. In an effort to curb any wild animals the lease should mention the exact types of animals and how many are allowed on the property. (27) Lets the landlord set the smoking policy on the premises. A Sample lease is a legal document which is presented in writing and represents the parties and cover their lease agreement over a piece of property that could be an apartment, a car or a contract. 5% of the monthly rent amount, charged once for each succeeding 5-day period, Detailed Background Check ($35 per screening) –. $15 or 5% of the monthly rent amount, whichever is greater. This does not mean that late fees are not allowed, rather, it suggests that the landlord is able to charge as much as desired as long as it is written in the lease. Guests – A maximum number of people that the tenant is allowed to have on the property should be included as to not encourage constant parties or loud neighbors. No maximum, although it must be stated in the lease. This is not allowed in most leases, although if it is allowed, usually requires the written consent of the landlord to ensure any new sublessee is credible. (33) If the premises was built prior to 1978, according to federal law, the lead-based paint disclosure form must be attached to the lease. In California for example, this is a required to be stated in the lease. If there is a fee, enter the amount per occurrence. This is a free rental agreement template that can be used to create a rental agreement for various kinds of properties by entering specifics of the agreement in the template. (23) Mark whether or not the landlord will provide parking on the premises. Paper size: The LPA Basic Rental Agreement is a short basic version of a rental agreement for very basic simple agreement. (32) If the landlord has an agent or manager that maintains the property, their name, telephone, and e-mail should be entered. If the landlord is to provide parking, enter if there is a fee or not for each vehicle. The landlord is highly recommended to run a background of the tenant’s credit, background, and criminal history. Simple Rental Lease Agreement Template If you are looking for a basic, standard or simple rental agreement in a Word document, there are many to choose from. © 2020 Electronic Forms LLC. The rental agreement should be written in a clear but simple language. It is legal and hence enforceable against everyone who have signed the agreement. If there is a violation committed by the tenant that is unrelated to late payment then the landlord may give the tenant Notice to Comply or Quit. A rental agreement (or, more commonly, a lease) can protect both you and your tenants by setting expectations upfront and putting forth the property’s rules and requirements. This is to ensure that upon move-out that the tenant does not vacate with the property of the landlord. Late Charges – If a landlord elects, they can a penalty for renters who do not pay their rent on time. It can be deducted if there is damage found at the end of the lease, except for normal wear-and-tear. House Rules – Mainly for roommate situations, if there are any house rules such as cleaning times, common areas, quiet times, or any other regulations it should be listed. It is always recommended to view the laws in your municipality but most of the requirements and/or disclosures will be required on the State-level. Rent and Lease Template. Governing Law – Leases are governed on a State by State basis. Conditions (Additional) – If there are any other items that have not been mentioned then they should be listed lastly and before the signature area. Please be aware that our agents are not licensed attorneys and cannot address legal questions. As a landlord, you can make property management easier with JotForm’s Basic Rental Agreement PDF Template. Occupants are individuals that will be living on the premises but are not on the lease such as children, family members, etc. Download: Adobe PDF, Microsoft Word (.docx), Open Document Text (.odt) 2. Therefore, in order to help you we decided to list down free lease templates for you. A grace period protects the tenant from being charged a late fee or being evicted during such time period. Prior to authorizing a lease, the landlord may request the tenant’s credit and background information to ensure they can afford the rent amount. If the rent does not exceed $700/month, the late fee cannot exceed more than $12/day per day or $60/month. Be sure to check with a local real estate attorney or real estate agent before listing your property for rent. Termination – In most lease agreements, there is no termination clause. For preparing such type of agreement paper, one can download month to month rental agreement template online and give it a customized look mentioning your terms and conditions. Vacation (Short-Term) Rental Agreement – For a term that usually ranges only for a few days between an owner of a home, apartment, condominium, or any other type of residence. The New Mexico residential lease agreement (“rental agreement”) formalizes an agreement between a landlord and tenant to rent real property in exchange for a fee. File Format. (16) Enter whether or not there will be a fee ($) if the tenant pays with a check with non-sufficient funds (NSF). Sub-Letting – Most lease agreements do not allow sub-letting or subleasing. This is the most easiest way for anyone to rent out one or more rooms of his/her house for an extra income. Insurance (Bond) – The landlord is recommended, and required in some States, to disclose the type and amount of insurance are covered on the tenant’s behalf. Easily Editable & Printable. “All contracts for rent shall bear interest from the time the rent is due”. Hunting Lease Agreement – For individuals that would like to hunt on someone else’s private land. Michigan Commercial Lease Agreement Template The Michigan commercial lease agreement commits a landlord and a business tenant to a binding contract for retail, office, or industrial space. Non-Renewal Letter – To inform a tenant that the landlord does not wish to renew or extend their lease. Alterations – Most landlords do not allow modifications to the property. Pet Deposit – The pet deposit is what you collect for potential damages that might arise from a tenant having a pet within your rental. Rental Agreement Templates. (6) The mailing address of the property (include the apt # (if any)); (7) Residence type (Apartment, House, Condo, Other). Second, and depending on the State law, the landlord may give a Notice to Pay or Quit stating the landlord has the right to terminate the lease if the tenant does not pay by a specific date. Condominium (Condo) Rental Agreement – Residential unit that is owned by an individual in a complex with other individually owned residences. If you fail to renew the lease, most state rental laws say that the contract then goes month to month. Maintenance – In certain situations, such as the renting of a single-family home, the landlord or tenant may be obligated to conduct timely property upkeep such as lawn care, snow plowing/shoveling, etc. For Example – If a tenant decides to paint the apartment red and the original color was white, usually the landlord will ask for the tenant to simply pay for the property to be repainted. Governed by California landlord-tenant law, the contract has terms and conditions describing the duties of each party. This is usually equal to one (1) or two (2) month’s rent and is regulated in most States to not be more than a couple months’ rent. A rental agreement or lease is a contract that outlines an arrangement between a landlord that owns a property and a tenant willing to pay rent for its use. PROPERTY: TENANT agrees to rent from LANDLORD and LANDLORD agrees to rent to TENANT (the PREMISES). We here provide you with an array of downloadable private lease templates that are high-quality, well-researched, and updated lease agreement samples. Making your own room rental agreement template can be beneficial, for a number of important reasons. Rent and Lease Template. This is common with tenants with no or bad credit history. Receipt of Agreement – The lease is not valid unless all parties involved have received a receipt and acknowledgment of the lease. (18) If the first month’s rent is due at lease signing or on the 1st day of the lease term. This gives the tenant a certain amount of time to handle the issue or face eviction action. Weekly Rental Agreement – A tenant who resides in residential space with rent being paid every seven (7) days. 4 Printable Lease Agreement Templates for Landlords and Tenants, Understanding Landlord Harassment: What You Need to Know. If none, leave blank. Download: Adobe PDF, MS Word (.docx), OpenDocument. Rent and Lease Template. (28) Establish a pet policy. If there is, there is usually a termination fee or cost to the tenant. For example, if it’s a home in a commercial zone the tenant may be able to run a business from the premises. $50 or 5% of the monthly rent amount, whichever is less. If the landlord chooses not to renew, the tenant will be required to move-out and provide their forwarding address. LEASE AGREEMENT This Lease is made on BETWEEN (LANDLORD) whose address is AND (TENANT) The word "TENANT" refers to each Tenant named above. This template is a brief visual summary of the event facility rental agreement's details. Our support agents are standing by to assist you. Property-related expenses will be paid by the landlord, the tenant, or split between both parties as defined in the lease. 4. Most commonly, this is equal to one (1) month’s rent but can be the maximum under State law. And if alterations are completed by the tenant that they should be returned back to the original status at the start of the lease. Take a look at your local state laws as some states put a cap on the amount of security a landlord collect. A lease agreement allows a tenant to occupy space in exchange for the payment of rent to the landlord. This will give the landlord an idea of the character of the individual(s) and if they are going to be quiet or noisy neighbors. Here is a good looking and brief Room Rental Agreement Template in MS Word format to help you sign a Room Rental Agreement. Move-in Inspection Checklist – Use to walk around the property and list any damage to the property. From start to finish, follow this simple guide to properly lease residential property. When writing a lease agreement, it is best to have the main items, such as rent and the length of the lease, to be pre-negotiated between the parties to avoid the chance of having to re-write the document. a written document that officially recognizes a legally binding relationship between two parties — a landlord and a tenant Create a high quality document online now! Landlord’s Name & Address (required for all) – Every Kansas lease must disclose the contact information for the owner and/or agent(s) authorized to act on the rental unit’s behalf for the purpose of serving legal notices. deemed part of this rental agreement, and a violation of any of the house rules is considered a breach of this agreement. Move-in to the property and perform a move-in inspection and write down all damage that exists. $ 15 or 5 % of the month ) of the monthly amount... Because it is better to use pet addendums but a common section within agreements! Paying the remaining rent due, office, or none of the tenant the option to the. Their rights and concerns regarding this transaction qualifications a lease Agreement – when a comes... Typically paid on the number of important reasons write an Agreement that structures rental payments in combination with to. Either residential or commercial.docx ), Open document Text (.odt 2... 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