Rental Lease Agreement
The rental lease agreement is the single most important legal document you have to protect yourself and the tenant. If it’s not in writing, it just doesn’t count. A handshake is difficult to enforce.
Renting Authority’s customized rental lease agreement is easy to create and understand. You follow a step by step process. Use drop down menus and fill in the blanks to make sure you have all the important areas covered.
Your rental lease agreement should spell out terms and conditions clearly for both parties to understand.
Let me show you some of the must have points in your rental lease agreement.
Let me show you some of the must have points in your rental lease agreement.
- Abandonment: Landlord remedies when Tenant abandons the premises.
- Alterations & Repairs: Rules governing Tenant alteration of the premises.
- Assignment and Sub-letting: Terms of leases often apply to the sub-lessees.
- Default / Breach: Remedies for tenant breach, including failure to pay rent.
- Inspection & Landlord Access: When, and how, landlords may enter the premises.
- Lawful Use of Premises: Tenant’s right to possession and its limits.
- Lead Paint Disclosures(42 U.S.C. § 4852d) Each state-specific residential lease agreement also contains federal lead hazard disclosure statements as required by 42 U.S.C. § 4852d. For a free EPA pamphlet, please visit http://www.hud.gov/offices/lead/disclosurerule/
- Maintenance: Who is responsible and how maintenance is defined.
- Parking: Included or not?
- Rent & Late Fees: When, and how, to collect late fees.
- Security Deposit: Legal maximums and number of days to return to Tenant.
- Tenant Hold Over: Landlord remedies for unlawful retainer.
- Termination of Tenancy: Notice required varies from state to state.
- Utilities: Who must pay to keep the lights on?
- Surrender of Premises: How and when Tenants give up occupancy.
Here are a few of the additional features of Renting Authority’s rental lease agreement:
- Rent/lease apartments, condos, basements, houses, etc.
- Select various fixed and periodic terms
- Choose number of tenants
- Flexibility with utilities, pets, insurance, parking, rent increases, signing incentives, rent to own, maintenance, and tenant improvements
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Click here to build your own rental lease agreement.
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