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Residential Rental Agreement

Prepared for:
​[Client.FirstName][Client.LastName]
​[Client.Company]​

Created by:
​[Sender.FirstName][Sender.LastName]
[Sender.Company]​

When Use a Residential Rental Agreement Template?

A residential lease agreement is a crucial document for owners wishing to rent out residential properties. It’s a legally binding document that protects the landlord and tenant financially. Our free residential rental lease agreement template provides all the required details with possibilities to adjust it to your needs.

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FAQ

  • Your residential rental agreement should ideally include the following: the names of the lessor, the lessee, or their representatives; details about the property; rent amount, payment methods, and info for contract termination. Rental agreement disclosures include information on down payments, differential pricing demands, fees and penalties, rent hikes, notices of entry, gas and water disclosures, and mandatory policies to be upheld.

  • Filling out a residential lease agreement is easy when you use a tool like PandaDoc. PandaDoc has a library of different agreement templates and you merely choose the one that best suits your needs. Once selected, you can make any necessary changes directly in the PandaDoc editor before sending the document to interested parties.

  • You can find a free residential lease agreement form at PandaDoc. It’s an extensive library of free templates, including rental agreements, that you can fill in, sign and share online.

  • A rental agreement only becomes legally binding when all parties, including the landlord and tenant(s), have signed and dated the document. If one party hasn’t signed the document, then it’s not legally binding and it will be more difficult to use as evidence in a legal proceeding.

  • A lease agreement is often signed for a longer time period. Rental agreements are signed for lesser time periods. A lease is an agreement between a tenant and landlord that grants the renter the right to occupy a rented property for a predetermined amount of time, usually six or twelve months. Rental agreements can be for weeks or months.

Disclaimer

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This rental (the “Rental”) dated this of, is by and between [Sender.FirstName][Sender.LastName] (the “Landlord”) and [Client.FirstName][Client.LastName] (the “Tenant”).

In consideration of [Sender.FirstName][Sender.LastName] renting the below listed property to [Client.FirstName][Client.LastName], [Client.FirstName][Client.LastName] renting the property from [Sender.FirstName][Sender.LastName], and the benefits, responsibilities, and restrictions listed in this rental agreement, all parties listed above agree to the following terms:

A) Rented Property

  1. ​[Sender.FirstName][Sender.LastName] agrees to rent the property located at [Sender.StreetAddress], [Sender.City], [Sender.State], [Sender.Zip] (the “Property”) to [Client.FirstName][Client.LastName] for use as residential accommodation. [Client.FirstName][Client.LastName] agrees to use the Property solely as a single-family place of residence for themselves, their dependents, and additional occupants approved by [Sender.FirstName][Sender.LastName]. Furthermore, [Client.FirstName][Client.LastName] agrees not to use the Property as a place of business or commercial operation.

  2. ​[Client.FirstName][Client.LastName] agrees not to allow any individuals to reside at the Property, unless they are (a) [Client.FirstName][Client.LastName]’s direct dependents, or (b) have been approved as additional occupants by [Sender.FirstName][Sender.LastName] in writing.

  3. ​[Sender.FirstName][Sender.LastName] acknowledges that [Client.FirstName][Client.LastName] has a right to allow guests at the Property from time to time. Thus, [Client.FirstName][Client.LastName] may allow guests into the Property for up to fourteen (14) consecutive days without requiring written consent from [Sender.FirstName][Sender.LastName]. Guests residing at the Property for longer than fourteen (14) days may only do so with prior written consent from [Sender.FirstName][Sender.LastName].

  4. ​[Sender.FirstName][Sender.LastName] acknowledges and approves the following animals or pets for residence at the Property, pursuant to the additional terms of this rental agreement: [Pet.Description]​

  5. Smoking is prohibited inside the Property at all times. [Client.FirstName][Client.LastName] agrees not to smoke inside the Property’s interior structure, and acknowledges the responsibility to prevent any dependents or guests from smoking inside the property at any time.

B) Term

The rental agreement should clearly state the period of the agreement along with the occupation and termination dates. Many rental agreements renew automatically unless written notice is given. However, you can state that a renewal process must be followed to continue the agreement.

  1. The term of this rental agreement begins on agreement start date and ends at agreement end date. Occupancy of the Property by [Client.FirstName][Client.LastName] or their dependents past this date will require an additional rental agreement, or an addendum to this agreement extending it’s effective date.

C) Rent

Outline the rent due along with any additional fees such as utilities, late fees, and more. However, security and pet deposits aren’t included in this section, as they aren’t recurring payments.

  1. The monthly rent for the Property is $500 per month.

  2. ​[Client.FirstName][Client.LastName] is responsible for delivering monthly rent in full on or before the 1st business day of each month during the terms of this rental agreement.

  3. ​[Client.FirstName][Client.LastName] agrees to pay a $25.00 late fee for any monthly rent delivered on or after the 2nd business day of each month.

D) Security & Pet Deposits

  1. Prior to commencing residence at the Property, [Client.FirstName][Client.LastName] agrees to pay the following deposits: $[Deposit.Amount] refundable security deposit $[PetDeposit.Amount] non-refundable pet deposit

  2. ​[Sender.FirstName][Sender.LastName] agrees to return any refundable deposits listed at the conclusion of [Client.FirstName][Client.LastName]’s occupancy of the Property.

  3. ​[Sender.FirstName][Sender.LastName] reserves the right to make deductions from any refundable deposits listed for the following reasons: Repair of walls due to damage beyond normal wear and tear Painting required for damage beyond normal wear and tear Plumbing or plumbing fixture repairs Replacement or repair of windows, doors, screens, or other fixtures Repair to floor coverings beyond normal wear and tear Any additional repairs, cleaning, or remediation beyond normal wear and tear cause by tenant misuse or neglect during occupancy.

A pet deposit is a useful security to have when pets are allowed in a residential rental. This deposit can be used by the landlord to repair any damages caused by pets.

E) Quiet Enjoyment

  1. ​[Sender.FirstName][Sender.LastName] agrees to allow [Client.FirstName][Client.LastName] to peacefully and quietly occupy the Property listed in this agreement in consideration of monthly rent & any associated fees.

F) Inspections

  1. ​[Sender.FirstName][Sender.LastName] reserves the right to conduct periodic inspections of the Property throughout the duration of the rental agreement.

The inspections clause should not conflict with the quiet enjoyment clause mentioned above.

G) Property Modifications

  1. ​[Client.FirstName][Client.LastName] agrees to refrain from performing any construction, remodeling, additions, or other modifications or improvements to the Property without prior written consent from the Owner.

H) Utilities

​[Client.FirstName][Client.LastName] is solely responsible for arrangement for utility services and payment of fees associated with such services, including (but not limited to) the following:

Electric Gas

Water

Internet/Phone/TV

Garbage Collection

I) Insurance

  1. ​[Client.FirstName][Client.LastName] acknowledges that [Sender.FirstName][Sender.LastName]’s property insurance does not cover [Client.FirstName][Client.LastName]’s personal property. [Sender.FirstName][Sender.LastName] accepts no liability for damage or loss to [Client.FirstName][Client.LastName]’s personal property for any reason. [Client.FirstName][Client.LastName] acknlowledges their responsibility to obtain appropriate Renters’ Insurance to protect the value of their personal belongings.

J) Abandonment

  1. If [Client.FirstName][Client.LastName] chooses to abandon the Property at any time during the lease, [Sender.FirstName][Sender.LastName] reserves the right to enter the property without consent.

  2. ​[Sender.FirstName][Sender.LastName] reserves the right to dispose of any personal belongings left behind by the tenant, and furthermore reserves the right to rent the Property to additional occupants, and hold [Client.FirstName][Client.LastName] financially responsible for any difference between the monthly rent that would have been paid under this rental agreement, and the rental payment under any additional rental agreements with subsequent Property occupants.

K) Governing Law

  1. It is intended that this rental agreement be conducted and executed fully in accordance with the laws of the State of [Property.State].

L) Legal Fees

  1. In the event that any legal action is filed in relation to this rental agreement, both [Client.FirstName][Client.LastName] and [Sender.FirstName][Sender.LastName] agree that the successful party’s legal fees and associated costs will be fully reimbursed by the other party.

M) Amendments

  1. Any amendments, extensions, or other modifications to this rental agreement will require written approval by both [Client.FirstName][Client.LastName] and [Sender.FirstName][Sender.LastName] in order to be considered valid.

N) Property Maintenance

  1. ​[Client.FirstName][Client.LastName] agrees to perform reasonable maintenance to keep the Property in a generally acceptable condition throughout the term of this rental agreement.

  2. Major maintenance or repairs not associated with [Client.FirstName][Client.LastName]’s neglect or misuse of the Property will be the sole financial responsibility of the Landlord.

  3. ​[Client.FirstName][Client.LastName] agrees to perform reasonable maintenance and upkeep of the Property’s lawn, parking areas, sidewalks, driveways, and other exterior areas.

O) General Property Use

  1. ​[Client.FirstName][Client.LastName] will not conduct any illegal activity on the Property at any time.

  2. ​[Client.FirstName][Client.LastName] will maintain the Property in an orderly and presentable fashion at all times.

  3. ​[Client.FirstName][Client.LastName] will not allow any noise or nuisance that disturbs occupants of adjacent properties.

  4. ​[Client.FirstName][Client.LastName] agrees not to leave the Property unattended for longer than seven (7) consecutive days.

  5. At the conclusion of this rental agreement, [Client.FirstName][Client.LastName] agrees to cease occupancy and return the Property fully to the Landlord in a condition equal to when the Property was initially occupied by [Client.FirstName][Client.LastName].

P) Carbon Monoxide Alarm

Certain states require that properties include a Carbon Monoxide alarm. Check your local regulations, and adapt this section to clearly identify who’s responsible for the installation and maintenance of this alarm.

  1. ​[Sender.FirstName][Sender.LastName] agrees to provide functional Carbon Monoxide Alarms, placed appropriately within the Property. [Sender.FirstName][Sender.LastName] will ensure the continued operation of these alarms during subsequent inspections of the Property.

  2. ​[Client.FirstName][Client.LastName] will conduct monthly tests of all Carbon Monoxide alarms, and will immediately notify [Sender.FirstName][Sender.LastName] of any damaged or non-functioning alarms.

  3. No individual will damage, modify, or otherwise disable any Carbon Monoxide Alarms located within the Property.

Q) Hazardous Materials

  1. ​[Client.FirstName][Client.LastName] agrees not to store or keep any hazardous materials on the Property at any time beyond those generally acceptable for household use.

R) Contact

  1. ​[Client.FirstName][Client.LastName] may be contacted at the above listed Property’s address for any matter related to this rental agreement, or by phone at [Tenant.Phone].

  2. ​[Sender.FirstName][Sender.LastName] may be contacted by mail at [Landlord.Street][Landlord.City], [Landlord.State][Landlord.Zip], or by phone at [Landlord.Phone].

S) Additional Provisions

Include any other rules not covered by this residential rental agreement template. You can specify the changing of locks, the currency the rent is paid in, and any other important details.

  1. All monthly rent and fees will be paid in U.S. Dollars.

  2. Any waiver by [Sender.FirstName][Sender.LastName] of [Client.FirstName][Client.LastName]’s failure to uphold any aspect of this rental agreement should not be construed as approval of or waiver of subsequent agreement violations, defaults, or other defaults.

  3. No locks may be added or modified on the Property’s interior or exterior without prior written consent from [Sender.FirstName][Sender.LastName].

  4. In the event of a payment for monthly rent being cancelled by the [Client.FirstName][Client.LastName]’s financial institution due to insufficient funds, [Client.FirstName][Client.LastName] agrees to pay a fee of $25.00 to [Sender.FirstName][Sender.LastName] in addition to any late fees.

  5. This rental agreement represents the entire agreement between [Sender.FirstName][Sender.LastName] and [Client.FirstName][Client.LastName]. Any other communications prior to the commencement date of this agreement are considered invalid.

  6. ​[Client.FirstName][Client.LastName] will indemnify and hold [Sender.FirstName][Sender.LastName] harmless from all liabilities, fines, lawsuits, claims, or other actions arising from [Client.FirstName][Client.LastName]’s activities while an occupant of the Property.

  7. ​[Client.FirstName][Client.LastName] agrees that [Sender.FirstName][Sender.LastName] will not be held liable for any injury, theft, or death that occurs during [Client.FirstName][Client.LastName]’s occupancy of the Property.

  8. For purposes of calculating monthly rental due dates and associated late fees, all calendar days will be considered business days, except Saturdays, Sundays, and U.S. National Holidays.

Approval & Signature

In witness whereof, both parties duly affix their signatures and agree to abide by the terms of this rental agreement.

Additional Occupants

The following additional occupants are approved to occupy the Property throughout the duration of this rental agreement.

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Residential Rental Agreement

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Save time and resources by using this customizable residential rental agreement to create legally binding contracts with your tenants. It includes detailed sections about all aspects of a typical tenancy, including terms, responsibilities, rent, duration, insurance, maintenance, and more.

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