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States Required: Arizona, Georgia, Hawaii, Kansas, Maryland, Massachusetts, Michigan, Montana, Nevada, New Hampshire, North Dakota, Utah, Virginia, Washington, and Wisconsin.Īt the end of the lease period, the landlord will decide whether or not to renew the lease.This is mainly used so the tenant does not have their security deposit be wrongfully deducted for damages not conducted by the tenant. Move-in Inspection Checklist – Use to walk around the property and list any damage to the property.
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Make sure to sign and send it to the landlord. Move-in to the property and perform a move-in inspection and write down all damage that exists. Security deposit (if required), 1st month’s rent, and any pro-rated rent (if the tenant is moving-in before the lease start date). At the time of authorization the landlord and tenant should exchange the following:Īccess (keys) to the premises and all common areas (unless the occupancy does not occur until a later time) The lease is not required to be witnessed (although it is always recommended to have at least one). Utilities – Electricity, water/sewer, heating, etc.Security Deposit – This is determined by the landlord but cannot be more than the maximum ($) State requirement.Move-in Date – The day the tenant will take occupancy of the space.Fee(s) – In reference to parking, pets, trash, etc.The landlord and tenant should meet to discuss the specific terms and conditions of the lease, mainly consisting of the:
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If the tenant(s) meet the landlord’s qualifications a lease should be drafted ( Instructions – How to Write). This will give the landlord an idea of the character of the individual(s) and if they are going to be quiet or noisy neighbors. The landlord should contact past employers, past landlords, and any non-family references provided in the application. Detailed Background Check ($35 per screening) –.Use the following resources to conduct your search: The landlord is highly recommended to run a background of the tenant’s credit, background, and criminal history. If the offer is conditionally accepted, the landlord will move ahead and ask for the tenant to complete a Rental Application and pay a small fee (commonly used to only cover the cost of showing the property and run a background check). The verbal offer will usually be in reference to a monthly rental amount. Step 1 – The Tenant Views the Spaceīefore a lease agreement is drawn up, the tenant will usually view the space and deem it acceptable to their living standards and make a verbal offer to the real estate agent, manager, or landlord. Weekly Rental Agreement – A tenant who resides in a residential space with rent being paid every seven (7) days.įrom start to finish, follow this simple guide 8-step guide to properly lease residential property. Vacation (Short-Term) Rental Agreement – For a term that usually ranges only for a few days between an owner of a home, apartment, condominium, or any other type of residence. Sublease (Sublet) Agreement – The renting of space a tenant has to someone else. Standard Residential Lease Agreement – Typically for a one (1) year period but can be for any fixed period. This may be completed by a new roommate or as a collective group.
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Roommate (Room Rental) Agreement – For a roommate seeking others to join in paying rent in a residential unit together. Rent-to-Own Lease Agreement – Agreement that structures rental payments in combination with payments to own the property. Parking Space Rental Agreement – Make a contract to park an automobile, recreational vehicle (RV), all-terrain vehicle (ATV), or motorcycle. Month-to-Month Lease Agreement – Also known as a “tenancy-at-will” it allows the tenant and landlord to have a binding arrangement that may be altered with thirty (30) days’ notice. Hunting Lease Agreement – For individuals that would like to hunt on someone else’s private land. Use to protect the rights of both parties. For a fixed term such as 12 months.ĭownload: Adobe PDF, MS Word (.docx), OpenDocumentĬommercial Lease Agreements – For the use of any type of retail, office, or industrial space.Ĭondominium (Condo) Rental Agreement – Residential unit that is owned by an individual in a complex with other individually owned residences.Įquipment Lease Agreement – To rent any type of device, tools, or similar item.ĭownload: Adobe PDF, MS Word, OpenDocumentįamily Member Rental Agreement – When a relative comes to live in the same home as a family member. One (1) Page Lease Agreement – For residential use as a simple agreement between a landlord and tenant. Rental Application – Use to evaluate a tenant before signing a lease.