RENTA

Jan 14 2020

#House rental lease – #Video

#House #rental #lease



House rental lease

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Free Lease/Rental Agreement

Use our attorney-drafted Lease Agreement form to finalize the renting out of your house, apartment, condo, basement or attic. Create a binding contract between landlord and tenant.

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Lease Agreement Forms by State

Lease Agreement Forms by Type

Commercial Lease Agreement

Create an agreement between landlord and tenant to rent business property.

Land/Ground Lease Agreement

Document a long term lease on land that a tenant can improve and develop.

Lease Amendment

Modify the terms of a previously executed Lease or Rental Agreement.

Month-to-Month Rental/Lease Agreement

Formalize an estate rental agreement between landlord and tenant.

Pet Addendum to a Lease Agreement

Add a Pet Agreement to your new or existing lease to protect your property.

Rent-to-Own Agreement

Record your intent to purchase or sell rental property for future reference.

Room Rental Agreement

Form a sublease or rental agreement between a tenant and third party.

Sublease Agreement

Establish a rental agreement between the original tenant and new tenant.

Vacation Rental Short Term Lease Agreement

Create a short-term stay agreement between a property owner and guest.

Table of Contents

1. Download a Lease Agreement Template

2. The Basics: What is a Lease Agreement?

What is a lease agreement?

A lease agreement is a written document that officially recognizes a legally binding relationship between two parties — a landlord and a tenant. This page covers residential agreements — click the following link if you’re looking for information about commercial lease agreements.

A landlord and a tenant shake hands after successfully negotiating an agreement.

A simple residential lease agreement in writing will identify the following basic elements:

  • Premises: a house, apartment, condo, basement, or attic
  • Landlord: the owner of the Premise, aka “Lessor”
  • Tenant: renter who wants to live in the Premises, aka “Lessee”
  • Rent: amount of money paid by the Tenant to the Landlord
  • Term: length of time the Tenant has the right to stay on the Premises

An example of an agreement that contains all of the necessary basic information.

Click here to see a full list of critical details that should be included in a simple lease agreement.

PDF Sample Lease Agreement

The sample residential lease agreement below describes a contract between “Landlord” Keith Richards and “Tenant” Clara Trueba. She agrees to rent a two bed room, two bathroom apartment in Los Angeles for $2,000 per month for a fixed length of 12 months. The tenant agrees to pay for electricity, gas, water, cable television, and telephone, and the landlord agrees to pay for trash and sewage. This is a good example of what provisions a simple lease agreement might contain, and how one should look in its final form.

As a reference, people often call this document by other names:

  • Rental Contract
  • Lease Form
  • Tenancy Agreement

Lease agreements are not limited to the above. It may also be used to cover these additional Premises:

If you’re looking for an alternative to leasing out your place, there is also the option of being a host on Airbnb for guests instead. However, take a look at our guide before considering such option.

3. When Do I Need One?

When a formal relationship exists between two parties, the law recognizes that both the Landlord and Tenant have a special set of rights and obligations.

This document has the added advantage of laying out possible problems that might occur and then detailing possible solutions available to the Landlord and Tenant.

In contrast, an oral agreement (verbal, spoken, or word of mouth) is difficult to enforce in a court and is unlikely to accurately capture important details over time. Memories fade, people remember different things, and sometimes we understandably change our minds because circumstances change.

You may be on the fence about renting or selling your apartment or home. Read our article to help you make an informed decision: Should you Rent Or Sell Your Home?

A written version, however, serves as a constant reminder to everyone, including you and the court, about what everyone agreed to at the beginning of the relationship.

Here are a few examples of what a Landlord or Tenant may agree to in a simple lease agreement:

The Landlord promises to:

  • Repair and maintain the air conditioner or heater
  • Respect the Tenant’s privacy and not make any surprise visits or allow anyone else to use the condo (“Quiet Enjoyment”)
  • Provide a safe and clean home to the Tenant for the Term of the Lease
  • Return the Tenant’s Security Deposit (with interest if required) if the Tenant treats the Premises like their own and it is still in good condition at the end of the lease
  • Tell the Tenant in advance if they need to enter the Premises to fix something or show someone the property

The Tenant promises to:

  • Pay the Landlord on time each month on a specific day
  • Pay the utility company directly for light, gas, heating, and water
  • Live in the home only with their spouse, children, and maybe even their parents or grandparents (“immediate family”)
  • Not have a dog, cat, chinchilla, pork belly pig, or pet goat in the house without first asking the Landlord or paying a small fee (“Pet Policy”)
  • Not start an illegal business like a meth lab or human trafficking scheme (only “residential” and “lawful” purposes)

In contrast to a verbal, spoken, or oral agreement, an agreement in writing clearly spells out the detailed promises between the Landlord and Tenant and also explains what should happen if they break their promises to each other. If you’re planning on running a landlord business professionally, keep in mind that these promises carry the full weight of the law — avoid making these 7 major mistakes that could spell the end your business.

4. The Consequences of Not Having One

This document can resolve problems in a neutral and objective manner before a simple problem becomes a more complicated problem.

Here is a chart of some of the preventable suffering a lease agreement could resolve if the Landlord and Tenant took the time to create one in writing:


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SOURCE: http://legaltemplates.net/form/lease-agreement/

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