Rental Property Lease Agreement Template
This Lease Agreement (hereinafter referred to as the “Agreement”) is made this [Document.CreatedDate] by and between: [Landlord.FirstName][Landlord.LastName] (hereinafter referred to as “Landlord”) and
[Tenant.FirstName][Tenant.LastName] (hereinafter referred to as “Tenant”).
HEREINAFTER, the Tenant agrees to lease the Premises from the Landlord under the following terms and conditions:
Landlord hereby leases the property located at: (insert property address) to the Tenant (the “Premises”). Residence type: (insert type of residence) Bedroom(s): (insert number of bedrooms) Bathroom(s): (insert number of bathrooms).
2. Lease term
□ – Fixed lease. The Tenant shall be allowed to occupy the Premises starting on (insert lease start date) and ending on (insert least end date) (the “Lease Term”). At the end of the Lease Term, the Tenant: (check one)
□ – Can continue to lease the Premises on a month-to-month basis, under the same terms as this Agreement.
□ – Must vacate (leave) the Premises.
□ – Month-to-Month Lease. The Tenant shall be allowed to occupy the Premises on a month-to-month basis starting on (insert month and day), (insert year) and ending upon notice of (insert number of days you require for notice) days from either party (“Lease Term”).
Tenant agrees to pay Landlord in advance, not later than the 1st day of each calendar month, a monthly installment of $ (insert amount) (the “Rent).
Payments may be made via personal check, certified check, or money order. Payments shall be made to the Landlord at Landlord’s address as set forth in the preamble to this Agreement on or before the due date.
4. Late fees
If Rent is not paid by the due date, Tenant will be charged a fee of $ (insert amount) as a one-time payment. Rent is considered late when it is not paid within (insert amount) day(s) after the due date.
5. Security deposit
As part of this Agreement, Tenant will deposit with Landlord the sum of $ (insert amount) as security for any damage caused to the Premises during the term hereof. The Security Deposit is required by the Tenant upon the execution of this Agreement. Within 30 days of the termination of this tenancy (and Tenant vacating the Property), Landlord will refund to Tenant the entirety of the security deposit funds, less any funds retained to cover unpaid amounts due to Landlord under this agreement as set forth in an itemized statement to Tenant.
The Landlord will not charge against the security deposit the cost of repair or cleaning unless necessitated beyond the ordinary wear and tear on the Property. The Tenant is not permitted to treat the Security Deposit as payment of any rent payment.
The Premises is to be occupied strictly as a residential dwelling by Tenant only. Tenant will not be permitted to house guests at the Rental Property for more than three consecutive days without advance, written consent of the Landlord. This Rental Property Lease Agreement cannot be assigned nor the Rental Property sublet to any other person.
The Tenant is: (check one)
□ – Permitted to have (insert number) pet(s) on the Premises, consisting of (list types of pets allowed). The Landlord will charge a refundable deposit of $ (insert amount) to cover any damage caused to the Premises by Tenant’s pet(s). Within 30 days of the termination of this tenancy (and Tenant vacating the Property), Landlord will refund to Tenant the entirety of the security deposit funds, less the cost of repairs or cleaning.
□ – Not permitted to have pets of any nature on the Premises.
9. Maintenance and upkeep
The Tenant will maintain the Rental Property in clean and sanitary condition inside the residence. Furthermore, the Tenant will promptly notify the Landlord of any problem, malfunction, or damages to the Rental Property, appliances, and landscaping, in writing, so that the Landlord can take reasonable corrective actions. If the problem was caused by Tenants, or their guests or invitees, and not reasonable wear and tear on the Property, The Landlord reserves the right to require the Tenant to bear the costs of repair.
10. Modifications to rental property
The Tenant is not permitted to paint, or otherwise modify or materially alter the Rental Property without the prior written consent of the Landlord.
Tenant will be given keys to the Rental Property upon execution of this Rental Property Lease Agreement. The Tenant is not permitted to make any copies of or have any other keys made for the Rental Property without the prior consent of the Landlord.
If replacement keys are needed, the Tenant can obtain them from the Landlord for a reasonable replacement cost. All keys will be returned to the Landlord upon the termination of this lease. If keys are not returned, the cost will be deducted from the Tenant’s security deposit.
Utilities for the Rental Property are included in the rental payments under this Rental Property Lease Agreement. Tenant agrees to only make reasonable use of all such utilities and not engage in wasteful practices such as leaving lights or appliances on all day.
13. Quiet enjoyment
The Rental Property is to be used for residential use only, and the Tenant will be respectful of the neighbors and community where the Premises are located. No excessive noises or illegal conduct will be permitted on the Premises.
14. Termination and vacating the property
The Tenant: (check one)
□ – Shall have the right to terminate this Agreement at any time by providing at
least ___ days’ written notice to the Landlord along with an early termination fee
of $___________ (US Dollars). During the notice period for termination the
Tenant will remain responsible for the payment of rent. If Tenant fails to comply with the terms of this agreement, misrepresented any material fact on Tenant’s rental application, or rental payment has not been made by the fifth business day of the calendar month, this Agreement can be terminated by the Landlord, with appropriate notice to Tenant and procedures required by law.
□ – Shall not have the right to terminate this Agreement early.
Upon termination of this tenancy, Tenant will promptly vacate and clean the premises, return all keys to the Landlord, and have the Landlord inspect the Rental Property for compliance with this obligation.
15. Rights of access
The Landlord and Landlord’s agents shall have the right to enter the Premises during normal business hours with at least (insert number) hours’ notice for inspection, repairs, alterations, or any reasonable purpose. The Landlord and Landlord’s agents are also permitted to access the Premises in the event of an emergency without prior notice.
16. Additional provisions
Additional provisions to this Agreement are the following: (insert any further provisions).
According to law, The Landlord is required to provide you with the following disclosures:
18. Applicable law
This Agreement will be constructed and governed by the laws of the State of (insert State) and the venue of any dispute over this Agreement will be in the County of (insert County) in the State of (insert State).
19. Entire agreement
This Rental Property Lease Agreement is the entire agreement between the parties. Any prior negotiations or discussions of terms between the Landlord and with respect to this tenancy are superseded by this written agreement.
Any modifications must be in writing and signed by both parties. There are no understandings, representations, or warranties except as herein expressly set forth and no rights are granted except as expressly set forth herein.
Executed by the Parties on the dates indicated below.