Basic Rental Agreement or Residential Lease - Free Download
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BASIC RENTAL AGREEMENT OR RESIDENTIAL LEASE
This Rental Agreement or Residential Lease shall evidence the complete terms and conditions under which the parties
whose signatures appear below have agreed. Landlord/Lessor/Agent, _____________________________, shall be
referred to as "OWNER" and Tenant(s)/Lessee, _____________________________, shall be referred to as
"RESIDENT." As consideration for this agreement, OWNER agrees to rent/lease to RESIDENT and RESIDENT
agrees to rent/lease from OWNER for use solely as a private residence, the premises located at
_____________________________________________in the city of __________________________________.
1. TERMS: RESIDENT agrees to pay in advance $______ per month on the ____ day of each month. This
agreement shall commence on _____,___ and continue; (check one)
A.__ until _______, ___ as a leasehold. Thereafter it shall become a month-to-month tenancy. If RESIDENT should
move from the premises prior to the expiration of this time period, he shall be liable for all rent due until such time
that the Residence is occupied by an OWNER approved paying RESIDENT and/or expiration of said time period,
whichever is shorter.
B.__ until ____________, ______ on a month-to-month tenancy until either party shall terminate this agreement by
giving a written notice of intention to terminate at least 30 days prior to the date of termination.
2. PAYMENTS: Rent and/or other charges are to be paid at such place or method designated by the owner as follows
_____________________________________. All payments are to be made by check or money order and cash shall
be acceptable. OWNER acknowledges receipt of the First Month's rent of $__________, and a Security Deposit of
$__________, and additional charges/fees for ______________________________, for a total payment of
$__________. All payments are to be made payable to __________________________________.
3. SECURITY DEPOSITS: The total of the above deposits shall secure compliance with the terms and conditions of
this agreement and shall be refunded to RESIDENT within _____ days after the premises have been completely
vacated less any amount necessary to pay OWNER; a) any unpaid rent, b) cleaning costs, c) key replacement costs, d)
cost for repair of damages to premises and/or common areas above ordinary wear and tear, and e) any other amount
legally allowable under the terms of this agreement. A written accounting of said charges shall be presented to
RESIDENT within _____ days of move-out. If deposits do not cover such costs and damages, the RESIDENT shall
immediately pay said additional costs for damages to OWNER.
4. LATE CHARGE: A late fee of $_____, (not to exceed ___% of the monthly rent), shall be added and due for any
payment of rent made after the ____________ of the month. Any dishonored check shall be treated as unpaid rent,
and subject to an additional fee of $_________.
5. UTILITIES: RESIDENT agrees to pay all utilities and/or services based upon occupancy of the premises except
6. OCCUPANTS: Guest(s) staying over 15 days without the written consent of OWNER shall be considered a breach
of this agreement. ONLY the following individuals and/or animals, AND NO OTHERS shall occupy the subject
residence for more than 15 days unless the expressed written consent of OWNER obtained in advance
7. PETS: No animal, fowl, fish, reptile, and/or pet of any kind shall be kept on or about the premises, for any amount
of time, without obtaining the prior written consent and meeting the requirements of the OWNER. Such consent if
granted, shall be revocable at OWNER'S option upon giving a 30 day written notice. In the event laws are passed or
permission is granted to have a pet and/or animal of any kind, an additional deposit in the amount of $_________
shall be required along with additional monthly rent of $_______ along with the signing of OWNER'S Pet
Agreement. RESIDENT also agrees to carry insurance deemed appropriate by OWNER to cover possible liability and
damages that may be caused by such animals.