A rental agreement is a legally binding contract between a landlord and a tenant. It outlines the terms and conditions of the rental arrangement, such as the rent amount, the length of the lease, and the responsibilities of both parties. A well-written rental agreement can protect both the landlord and the tenant in case of disputes or misunderstandings.
Here is an example of a simple rental agreement:
[PROPERTY ADDRESS]
[LANDLORD NAME]
[TENANT NAME]
LEASE TERM:
This rental agreement is for [INSERT LEASE TERM], beginning on [INSERT START DATE] and ending on [INSERT END DATE].
RENT:
The monthly rent for the property is [INSERT RENT AMOUNT]. Rent is due on the [INSERT PAYMENT DATE] day of each month. If rent is not paid by [INSERT LATE PAYMENT DATE], a late fee of [INSERT LATE FEE AMOUNT] will be charged.
SECURITY DEPOSIT:
Tenant shall provide a security deposit of [INSERT SECURITY DEPOSIT AMOUNT] to be held by the landlord throughout the lease term. The security deposit shall be returned to the tenant within [INSERT NUMBER OF DAYS] days after the lease termination, provided there is no damage to the property beyond normal wear and tear.
UTILITIES:
The tenant is responsible for paying for all utilities, including [INSERT LIST OF UTILITIES]. The landlord shall maintain the property in good repair and shall be responsible for any repairs needed due to normal wear and tear.
PETS:
Pets are [INSERT ALLOWED OR NOT ALLOWED]. If pets are allowed, a pet deposit of [INSERT PET DEPOSIT AMOUNT] will be required.
OCCUPANTS:
The property shall be occupied only by the tenant and [INSERT NUMBER] additional occupants. The tenant shall not allow anyone else to occupy the property without the landlord`s written permission.
TERMINATION:
Either party may terminate this agreement with [INSERT NOTICE PERIOD] days written notice to the other party.
GOVERNING LAW:
This rental agreement shall be governed by and construed in accordance with the laws of [INSERT STATE].
SIGNATURES:
[LANDLORD NAME] and [TENANT NAME] have read and understand the terms of this rental agreement and agree to abide by them.
[LANDLORD SIGNATURE] [DATE]
[TENANT SIGNATURE] [DATE]
This is a basic example of a rental agreement. Depending on the state or country, there may be specific clauses or information that needs to be included in the agreement. It`s important for both the landlord and the tenant to review the rental agreement carefully before signing it.