Description
Our rental lease agreement is a legal contract between a property owner (landlord) and a tenant, outlining the terms and conditions for renting a property. It includes details such as the rental period, monthly rent amount, security deposit, maintenance responsibilities, allowed use of the property, and rules regarding pets, smoking, or subleasing. The agreement protects both parties by establishing clear expectations and obligations.
The lease agreement covers and includes the following sections:
- Escalation clause for rent increase
- Security deposit
- Late fees
- Returned check policy
- Renewal terms
- Utilities and services
- Tenant obligations
- Property maintenance
- Renter’s insurance
- Right to access
- Military clause
- Damage to property
- Condemnation
- Abandonment
- Failure to pay rent
- Pet policy
- Megan’s Law
- Severability and much more
Additional addendums included:
- Lead based paint addendum
- Utilities and trash services agreement addendum
- Acknowledgement of important lease terms addendum
- Pets policy addendum
- Dangerous items addendum