Printable Residential Lease Agreement and Guide.

 

Attention: Landlords and Tenants!,

Do you need to get a Residential Lease Agreement now for a rental property? If you answered yes, you have come to the right place. We can arrange it so that you can instantly print a professional lease within 30 seconds!

Important Reasons Why You Should Use A Residential Lease Agreement.

• Protect your legal rights.
• Protect your property.
• You will have the law on your side should any problems arise because a Lease Agreement is a binding legal contract.
• No grey areas because the legal contract clearly states the rights and responsibilities of both parties.
• Avoid the risk of being sued.

The Problem With Legal Documents!

The main problem with personally commissioning an attorney to draw up a residential lease contract is the time and cost it takes. Also, ready to use legal documents are not easily available in the offline world. You will be glad to know we offer the most cost and time effective method for getting and printing lease contracts available online.

Residential Lease Agreement

 

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• Easy and convenient to use.
• Legal protection.
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• The ability to make unlimited copies.
• Quality and professional legal forms.
• Contracts available in Word and PDF Format.

It is a quick and simple process. Here is how it works;

Step 1.
Order the lease agreement and download to your PC.
Step 2.
Open the file and print the contract.
Step 3.
Use a pen to fill in the blanks and sign.

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Residential Lease Agreement

Regular Price-$19.99

Discount Price-$14.99

You save $5.00! (25%)

 

Sale only $14.99!

 

 

 

What You Need To Know Before You Sign A Residential Lease

A residential lease agreement between a tenant and a landlord provides a means to lease a property for a rent. The lease could be short term usually up to 12 months long and extended upon mutual agreement by both tenant and landlord, if required. It is good to know some of the concepts and limitations in a residential lease before you sign any contract. The sections below provide the some of the details you should know.   

What are the rights of a tenant without a lease?   

A written lease agreement is not mandatory to rent out a residential property. You can let out your property for rent without a lease. However, in the absence of a lease there are certain unsafe aspects that come into play during the tenancy period.   

A tenancy without a lease is usually called period tenancy and it runs from weekly, monthly or quarterly depending on how the rent is paid. A tenancy without a lease is an implied one either through word of mouth or to a known person. In any case, the tenant is bound to pay the agreed monthly rent to landlord.  

A tenancy without a lease is a bad idea even if the tenant is well known. An absence of a lease contract means there are no terms and conditions governing the tenants on use of the property or rights to claim any damages or rectify any violation of law by tenant. This could turn out to be a high risk move against the landlord. A tenant cannot be forced to sign the lease. After the property is occupied, a tenant can refuse or avoid using his rights to sign the lease.  

A tenancy without a lease allows you to end the tenancy with minimum notice. The notice period should end on the day you pay the rent. Tenants need not have to pay any penalty here. The landlord needs to return the security deposit collected from the tenant within 21 days from the day the tenant moves out. The landlord can deduct any charges for damages from the security deposit.   

Under this type of tenancy, the landlord sometimes restricts the number of guests and the number of continuous days they can stay. Such guests need to have a good code of conduct inside the landlord’s premises while using the property, parking and utilities. When a tenant violates with too many visitors or defaults in payment, the landlord has right to evict with a three-day notice period. 

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Can I write my own lease agreement?  

Yes, but it is not advisable! You can write your own lease agreement provided you know what to include otherwise you could be putting yourself at huge legal risk. You would need to know the bare minimum clauses to include, the limitations to be set on usage, payment, maintenance, termination, security deposit and other such provisions. 

When you write a lease on your own, you can include any new clauses that you think is necessary for you. When you write a lease yourself, it is a good idea to get validated by an attorney and get it acknowledged. It would be a mistake if it is not validated properly and you might land in issues during tenancy if you omit or add any clause which you might not be aware of its consequence.

It can cost you dearly when you realize any loop hole in your self-written lease mid-way during tenancy. Better yet…save time and money print your own lease here now!

What is a residential lease agreement?  

The term residential lease agreement refers to the legal contract between a tenant and landlord for renting a house or apartment. This document is also called a rental agreement and contains all the terms and conditions of lease contract. A residential lease provides legal protection to both a landlord and a tenant. The lease forms are the basis for any dispute resolution.

Lease documents commonly state and record tenancy duration, the amount and frequency of rent paid by tenant, the security deposit collection and refund method. It provides a basis for a tenant to understand the utilities to enjoy and at the same time understands the limitations, code of conduct towards landlord, property and its utilities.  

A residential contract records all the agreed terms and conditions agreed by both parties. Both the parties are bound in legal terms to perform their duties towards fulfillment of the lease agreement. Any activity by either of the party that contradicts the lease agreement is a default action. This invites remediation or penalty from or by the party who defaults.  

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What is a terminate residential lease?  

A terminate residential lease is to end an existing residential lease agreement. A landlord can initiate the termination of tenancy when is needing to be ended for various reasons.

A residential lease can be terminated if the tenant fails to pay the rent or violates a clause in the contract or violates a responsibility imposed by law. The State and Federal laws provide terms and governs the circumstances in which a landlord can end a residential lease. When terminating a lease, the landlord must send a notice of termination to evict the tenant.

A termination order commonly requires a tenant to take one of the three actions.

1. Pay the rent and evict.

2. Rectify the violation or damage within a certain time, pay all rent and charges before eviction.

3. Unconditional evict. The eviction process involves the landlord filing a complaint with a court with necessary documents, earlier communications and defaults by tenants etc.

Upon hearing, the court might issue an eviction order if a lawsuit filed by the landlord prevails with strong evidences. The eviction is a court ordered process of physically removing the tenant and his properties by law enforcement officers, in case the tenant refuses to move even after a court order.   

The landlord has to return back the security deposit collected from the tenant within 30 days. The landlord can deduct any charges for damages and unpaid rents. If the landlord fails to return the security deposit, a tenant can sue the landlord to claim back the security deposit.  

What are the basic terms in a lease agreement?

Any residential lease need to include a set of basic terms to serve its purpose. The terms should cover and protect all the critical and needed rights of both the parties and also provide means to function in its intended way.

A typical lease agreement should include the terms listed below. 

• Names. It should include the names of all adult tenants and the landlord. This makes each tenant legally bound by the agreement. 
• Occupancy. This clause specifies the property is only for residential purpose and allows the screened or approved tenants and the number of occupants to stay. This clause protects from any new tenant moving in or the subletting of the property without permission. This also gives a landlord the grounds to evict on basis of violation.
• Terms of Tenancy. A lease should state fixed lease term with clear start and end dates. The term of the residential lease is usually 12 months and can be extended upon mutual agreement between the tenant and the landlord. 
• Rent. It specifies the monthly rent to be paid, the amount and the due date by which the tenant should pay the rent. It also includes the payment method, late fee charges and check bounce charges. 
• Security Deposit. This clause specifies the exact amount the tenant pays to a landlord for a security deposit. It also specifies the return of the security deposit by a landlord to a tenant after deducting any charges or unpaid rent. It also specifies the stipulated time by which the landlord must return the deposit. 
• Maintenance. This clause sets out clear descriptions about a tenant’s responsibilities for repair and maintenance of the rented property unit.  
• Access to property. This clause allows a landlord to access the property by giving prior notice. A landlord may need to inspect their property for its proper usage and maintenance, identify any damages, or to make any repairs. 
• Prohibit illegal activities. This clause prevents tenants to perform any illegal activities prohibited by State Laws, avoid excessive noise, not to damage the properties and any disruptive and unacceptable behaviors.  
• Pets. This clause defines the allowance or prohibit pets as per the landlord’s preferences. If it allows pets, it also specifies what is allowed and what is not allowed in terms of size, number, type.  
• Other Terms. This clause allows for adding any specific terms that are unique to the lease. The landlord or tenant might negotiate to add certain terms in order to protect them against any defaults or misdeeds by other parties. It can specify about health and safety codes, occupancy rules, and even anti-discrimination laws. 

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Is it better to buy or lease?

About a two thirds of Americans live in areas which are more affordable to rent than buy. It is cheaper to rent than buy a home. More and more people are shifting to renting a home than buy.  

One of the reason for people shifting towards rent is due to the steep rise in the cost of a home combined with the slow rise in incomes. New tax laws have further driven people towards renting a home rather than buy.  

When you want to stay only for the short term, renting a home would be a better choice. If you have long term plans to settle in area, you can choose to buy a home if affordable. Sometimes you may find buying a home affordable in a certain location, but it may not provide enough job or income for your survival.

More Information About A Residential Lease.

If you have decided to lease your home and your first worry would be how to make a residential lease, then this article is for you. To many people, creating legal documents are reserved for expensive lawyers.

Well, you will be surprised at how easily you can download and print a contract of your own online. The basic and simple rule is to check it has all the provisions you want.

First, define the property you are leasing. You may have a duplex unit, one you are using, and the other one you want to rent out. Make sure you state in the contract which unit you are leasing. A clear marker on a gate or a door like “unit A” will most certainly help.

After defining the property, you will want to set the duration of the lease. This way, you are free to decide whether to use the property after the term or extend it. Last among the important terms is to define the amount of rent and how you want to be paid. Also define the terms for default and how the lease may be cancelled because of default.

So once you decide on the important terms, you are now ready to fill in your lease. There are forms online to show you how your terms should be written. In conclusion, a residential lease agreement is basically a legal way of setting down the terms on how you want your residential property to be rented and protects your property and rights.

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What you need to know about a residential lease.

If you decide you have a property ready for leasing and you may worry about how to create a suitable lease contract, then this information is for you. 

For many, creating these documents are better left to expensive lawyers. However, each property is different and you can actually begin to think about some of the provisions that would need to be included your lease.  Usually, you would begin to think about and decide on the basic terms you want included in the contract.

Defining the property, you are leasing is the first step. In residential properties involving a row of apartments for example, this can be as easy as designating the particular apartment unit being leased out by mentioning the unit no. or letter (example Apartment A, or Apartment 1). Then you must decide on the duration of the lease. Residential leases are typically 1 year, but can be longer.  Setting just the right duration allows you the flexibility of repricing and other conditions you might later on want to include. 

For example, a landlord who at first rents out the property without restrictions of use may later on decide to disallow pets. These conditions cannot be made effective unless the existing lease is expired. After this, you will want to specify the amount of rent and the due dates. You may also include the conditions in case of late payments and default.

For other important conditions and to consolidate the conditions into one well written document all with space for your adding your own provisions you can easily grab your own lease Here Now!

 

What is involved if want to make your own residential lease forms?

Whether you rent out that extra room or that idle guest house you will need some form of documentation to protect your property and make the rental legal. 

What you exactly need is a lease agreement. Residential lease agreement forms basically contain major parts known as terms, conditions or provisions.  More specifically that would include things such as the period of lease, the amount of rent, default provisions, restrictions of use and many more. Let us quickly go through some of these parts.

The lease period is usually one-year renewable. You can put in a longer or shorter term as you see fit. Setting the length of lease is important to make way for necessary repairs periodically or if you later change your mind and decide to use the property yourself after some time.

The amount of rent you can collect is almost entirely yours to decide. However, there are some states that impose a maximum rent amount. Make sure you research your own state laws regarding that amount. Then, you have to provide default provisions. Like what happens if the tenant fails to pay two months rent, what do you want to happen? How do you want to protect yourself, or importantly, how do you proceed with eviction for a non-paying tenant?

And finally, you will have to write down the terms to protect your property. Do you deduct repairs out of the security deposit or do you collect directly from the tenant? Do you want to restrict pets? Do you allow renovations? etc. So, have a think about some of the provisions you would like in your contract and the details.

Our residential lease agreement forms have over 28 standard terms and there is a section where you can add your own provisions.

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Easily Get And Download A Professional Residential Lease Agreement PDF

Writing legal documents can be difficult. People who decide to rent out their homes realize this early on. If you are one of these people, then this information is for you. We will discuss what you need to prepare – at least what you need to decide on. The good thing is you don’t even have to write the whole document yourself.

Your first step is to define your terms. How many years do you want the lease to be? Will you need to use the property after a year? Most residential lease agreements have 1 year as its term. Second, you will have to decide the amount of rent. If you do not know how much to rent out your property, then browsing through the local ads will give you a general idea.

There are other terms you will also have to decide on like defining the restriction of use. Will you for example allow pets or how many persons maximum can live at your property? What if the payments are delayed, what then will be your action? Will you charge interest? Can you start the eviction process?

Before you begin to worry or overwhelmed, the best way to know what terms to decide on and how to easily prepare the document; all you have to do is to download a residential lease agreement PDF.

All you will do is fill in the blanks and you’re done. Isn’t that convenient?

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Residential Lease Rental Agreement Explained.

You will need a professional lease whether you are just renting out an idle room or whether you rent out a row of apartments as your main line of business. For the beginner, formulating a residential lease contract could be daunting at first. This information below helps you get the work started by outlining the major terms you would expect to find in a residential lease.

The first item on your rental agreement should be defining the property you are leasing out. You will want to avoid situations where your tenant will be encroaching into your personal area which may be in close proximity with the property, but not included in the agreement.

Your next step would then be to set the duration of the lease. Usually, a residential lease rental agreement last 1 year and is renewable. The one-year term allows you to be flexible. Deciding perhaps to renovate it on an annual basis or making it easier for you to use the property again.

The third important term is deciding how much monthly rental you want to charge. You may also like to define how you want to be paid and the penalties and consequences for late payment. Along this line, you should also decide on a security deposit. Security deposits are there to cover for repairs or damages a tenant might cause.

The terms should cover most of the important provisions of your lease contract. In our residential lease rental agreements, they include the above mentioned provisions and over 28 more terms. Also, there is space to specify some of your own provisions that you would like to include.

 

View A Sample Residential Lease Agreement

You can easily view our sample residential lease agreement below. This will give you a chance to familiarize yourself with the important sections of the form, and see what parts you will need to fill out yourself. 

Residential Lease Agreement Document PDF

 

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From the sample lease you will see a space for adding provisions. This is so you can add your own terms that suit you. Also, it is chance to review and add your own state’s rent law requirements and so you can make sure your residential lease conforms to them.

As with any lease you will have to come up with the period of the contract. Most leases are one year in length and are renewable. Aside from setting the amount of rent, also consider putting in terms that define consequences in cases of default. 

Another important provision should be defining the limitation of use you want imposed. Some property owners for instance, prohibit pets from the premises. A residential lease agreement can be as detailed or as brief as you want it to be. Once you have your initial draft, you will then have to make sure your provisions do not violate any state laws regarding rent. Try researching your local state’s website or consult an expert should you be unsure of your terms.

If you like the sample residential lease agreement, then purchase your very own contract below now!

 

 

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