Free Rental/Lease Agreement

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Rental/Lease Agreement

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RESIDENTIAL LEASE

This residential lease (the "Lease") is dated , and is between _________________________ (the "Landlord") and _________________________ (the "Tenant").

The Landlord and Tenant (collectively, the "Parties") agree as follows:

  1. Property. The Landlord shall rent the house at ______________________, ______________________, Virginia  __________ (the "Property") to the Tenant. The Tenant shall not use the Property in any way other than as a private single-family residence.
  2. Guests. No guest shall stay in the Property for longer than one week without the prior written permission of the Landlord.
  3. Animals. The Tenant shall not keep any pets or animals on the Property without the prior written permission of the Landlord.
  4. Parking. The Tenant may park their vehicles on or about the Property.
  5. Smoking. The Tenant’s family, employees, visitors, guests and occupants (collectively, the “Tenant's Visitors”) and the Tenant shall not smoke anywhere in or around the Property.
  6. Term. The Lease begins at 12:00 noon on December 13, 2018 and lasts until 12:00 noon on December 13, 2018 (that period, the "Term").
  7. Rent Amount. The rent for the Property is $___________ per month (the "Rent") plus any other amount payable by the Tenant to the Landlord under this Lease. These additional amounts will be deemed to be additional rent and the Landlord may recover these additional amounts as rental arrears.
  8. Rent Payment. The Tenant shall pay the Rent by cash or check on or before the ____________________ of each and every month of the Term to the Landlord at ______________________, ______________, ______________________ __________. The Landlord may provide any different location for the payment of the Rent.
  9. Tenant Improvements. If the Tenant obtains prior written permission from the Landlord, the Tenant may do any one or more of the following improvements:
    1. applying adhesive materials, or inserting nails or hooks in walls or ceilings other than two small picture hooks per wall;
    2. painting, wallpapering or in any way significantly altering the appearance of the Property;
    3. removing or adding walls, or performing any other structural alterations;
    4. installing one or more waterbeds;
    5. adding or changing any electrical wiring;
    6. installing additional heating or air conditioning units;
    7. changing the amount of heat or power normally used on the Property;
    8. displaying, or allowing to be displayed, any notice or sign for any purpose anywhere inside or outside the Property; and
    9. adding or changing any satellite, radio or TV antenna or tower on the Property.
  10. Insurance. The Tenant acknowledges that the Tenant's personal property is not insured by the Landlord with any insurance and that the Landlord has no liability in regard to the Tenant’s personal property. The Tenant shall insure the Tenant's personal property for the Tenant's own benefit.
  11. Termination for Untenantable Damage. If any part of the Property is damaged other than by the Tenant's negligent or willful act or that of the Tenant's Visitors and the Landlord decides not to rebuild or repair the Property, the Landlord may end this Lease by giving the appropriate notice.
  12. Condition Upon Return. At the end of the Term, the Tenant shall leave the Property in a condition as good as it was at the start of this Lease subject to reasonable use and wear and tear.
  13. Notification of Damage. The Tenant shall promptly notify the Landlord of any damage to, or of any situation that may significantly interfere with the normal use of, the Property or to any furnishings supplied by the Landlord.
  14. Mold. If the Tenant discovers any mold or significant moisture accumulation on the Property, the Tenant will immediately notify the Landlord in writing.
  15. Trash. The Tenant shall dispose of all trash in an appropriate manner.
  16. Illegal Activities. The Tenant shall not engage in or permit any illegal activity on or near the Property.
  17. Standards. The Parties shall comply with all standards required by law.
  18. Rules. The Tenant shall obey all rules and regulations of the Landlord regarding the Property.
  19. Absence. If the Tenant is going to be away from the Property for four or more consecutive days, the Tenant will arrange for regular inspection of the Property by a competent person. The Tenant shall provide in advance to the Landlord the contact information of the person doing the inspections.
  20. Hazardous Materials. The Tenant shall not have on the Property any dangerous, flammable, or explosive objects that the Landlord’s insurance company considers hazardous or unacceptably increases the danger of fire on the Property.
  21. Notice to Tenant. The Landlord may contact the Tenant at the Property regarding this tenancy.  After this Lease has been terminated, the Landlord may contact the Tenant at any other address as the Tenant provides. The Landlord may contact or serve the Tenant at _________________________.
  22. Notice to Landlord. The Tenant may contact or serve the Landlord at ______________________, ______________, ______________________ __________. The Tenant may contact the Landlord at _________________________.
  23. Legal Fees. If any proceeding is commenced regarding any dispute under this Lease, the unsuccessful party in that proceeding will pay a reasonable sum to the successful party for legal fees, in addition to all other sums that the unsuccessful party will owe as part of that proceeding.
  24. Governing Law. The laws of the Commonwealth of Virginia govern all matters arising out of this Lease and the courts of the Commonwealth of Virginia have exclusive jurisdiction over those matters.
  25. Conflict with Act. If there is a conflict between any provision of this Lease and the applicable legislation of the Commonwealth of Virginia (the "Act"), the Act will prevail and such provisions of this Lease will be amended or deleted as necessary in order to comply with the Act.
  26. Incorporated by Act. If the Act requires certain provisions in the Lease and any of those provisions are not in this Lease, those missing provisions are incorporated into this Lease.
  27. Severability. The Parties acknowledge that if a dispute between the Parties arises out of this Lease, the Parties want the court to interpret this Lease as follows:
    1. with respect to any provision that it holds to be unenforceable, by modifying that provision to the minimum extent necessary to make it enforceable or, if that modification is not permitted by law, by disregarding that provision; and
    2. if an unenforceable provision is modified or disregarded in accordance with this section, by holding that the rest of the Lease will remain in effect as written.
  28. Assignment. The Tenant shall not assign this Lease. The Tenant shall not sublet any part of the Property or grant any concession or license to use any part of the Property.
  29. Amendment. Any amendment or modification of this Lease must be made in writing and signed by each Party, or their authorized representative.
  30. Currency. All monetary amounts referred to in this Lease are in the United States dollar.
  31. Waiver. Any waiver by the Landlord of the Tenant’s failure to perform any provision of this Lease is not a waiver of the Landlord's right to subsequently insist on performance or pursue any remedy for that failure.
  32. Joint and Several. The Landlord may elect to recover from any one or more individual Tenant any loss or damages due to the Tenant's act or omission, and the Landlord may bring one or more separate actions against any one or more individual Tenant regarding any such liability.
  33. Locks. Other than any changes made according to the Act, locks may not be added or changed without the prior written agreement of both the Landlord and the Tenant.
  34. Insufficient Funds. The Tenant will pay $__________ to the Landlord for each check returned by the Tenant's financial institution marked as N.S.F.
  35. Time is of the Essence. Subject to the Act, time is of the essence in regards to the payment of monies under this Lease. If the Tenant fails to pay any monies owed when due under this Lease, the Landlord will have such remedies as provided under the Act.

The Parties are signing this Lease on .

 

_______________________________
______________________(Landlord)

 

_______________________________
______________________(Tenant)

The Tenant acknowledges receiving a duplicate copy of this Lease signed by the Tenant and the Landlord on ____________________, ______.

 

_______________________________
______________________(Tenant)

Mold Disclosure

Property: ______________________, ______________________, Virginia  __________
Landlord: _________________________
Tenant: _________________________

Landlord's Mold Disclosure

MOLD DISCLOSURE: There are many types of mold. Inhabitable properties are not, and cannot be, constructed to exclude mold. Moisture is one of the most significant factors contributing to mold growth. Information about controlling mold growth may be available from your county extension agent or health department. Certain strains of mold may cause damage to property and may adversely affect the health of susceptible persons, including allergic reactions that may include skin, eye, nose, and throat irritation. Certain strains of mold may cause infections, particularly in individuals with suppressed immune systems. Some experts contend that certain strains of mold may cause serious and even life-threatening diseases. However, experts do not agree about the nature and extent of the health problems caused by mold or about the level of mold exposure that may cause health problems. The Centers for Disease Control and Prevention is studying the link between mold and serious health conditions. The seller, landlord, seller's agent, buyer's agent, or property manager cannot and does not represent or warrant the absence of mold. It is the buyer's or tenant's obligation to determine whether a mold problem is present. To do so, the buyer or tenant should hire a qualified inspector and make any contract to purchase, rent, or lease contingent upon the results of that inspection. A seller, landlord, seller's agent, buyer's agent, or property manager who provides this mold disclosure statement, provides for the disclosure of any prior testing and any subsequent mitigation or treatment for mold, and discloses any knowledge of mold is not liable in any action based on the presence of or propensity for mold in a building that is subject to any contract to purchase, rent, or lease.

Date:

  _________________________________
Landlord: _________________________

Tenant's Disclosure

The Tenant ACKNOWLEDGES receipt of the information contained in the above Landlord's Mold Disclosure.

Date:

  _________________________________
Tenant: _________________________

Residential Lease Information

Alternate Names:

A Residential Lease is sometimes called a/an:

  • Lease Agreement
  • Rental Agreement
  • Rental Lease Agreement
  • Rental Contract
  • Apartment Lease
  • House Rental Agreement
  • Lease Form

What is a lease?

A lease is a contract a landlord and tenant sign when a tenant wants to rent commercial or residential property.

A Residential Lease Agreement is a lease agreement that is specific to residential rental properties and is used to outline the terms and conditions of a tenancy, including the rights and obligations of the landlord and tenant. It can be used for various types of residential properties, including apartments, houses, condos, duplexes, townhouses, and more.

To rent commercial property, use LawDepot's Commercial Lease Agreement.

What is included in a Residential Lease Agreement?

Landlords using LawDepot's Residential Lease have the option of using a standard or comprehensive agreement.

Standard rental leases generally include:

  • Contact information for the landlord and tenant
  • Property details (address, square footage, amenities, etc.)
  • Lease specifics (the type of lease, length of the term, etc.)
  • Rent payment details (the amount due, payment frequency, charges for late payments, etc.) and other payment information (such as details about a security deposit)
  • Rental rights and obligations for the landlord and tenant
  • Other details such as dispute resolution methods (mediation, arbitration, or both), if there are any signing incentives for the tenant, and whether there is an option to purchase (sometimes called a rent-to-own) and/or an option to renew the lease

With LawDepot's comprehensive rental agreement, landlords are also able to:

  • Specify if the property is furnished or not, with the option to include a description
  • Identify a property manager who will look after the property on the landlord's behalf
  • Allow a tenant to operate a home business on the premise
  • Incorporate a pet deposit or fee
  • Include information about a guarantor (a third-party, like a parent or close friend, who agrees to cover the financial obligations in the event that the tenant defaults on rent)

Both the tenant and the landlord should keep a copy of the signed agreement for their records.

Who needs a Residential Lease Agreement?

When entering into any type of residential rental circumstance, you should ensure that you have a valid contract to outline your rights and responsibilities as a landlord or a tenant.

Various individuals or organizations may find this document useful, such as:

  • Homeowners looking for tenants
  • Tenants looking for a home to rent
  • Landlords, property managers, and tenant placement services
  • Individuals renting residential property to family and/or friends
  • Tenants or landlords looking to rent a property with an option to purchase

Should my lease end on a set date?

Before creating a lease agreement, landlords need to decide whether they want the lease to end on a set date or not.

A lease with a predetermined end date, usually called a fixed term lease, is when the tenant agrees to rent the property for a certain period of time at a fixed price. This type of lease uses calendar dates to specify the start and end of the lease. At the end of a fixed term lease, the landlord and tenant can sign a new lease with updated dates and information or move on.

A lease without an end date, usually called a periodic tenancy or automatic renewal lease, is when the lease automatically renews after a certain duration (for instance, every month, six months, or year). With this type of lease, the landlord and tenant rent until one party provides appropriate notice signifying they want the lease to end.

Both types of leases carry their own advantages and disadvantages, depending on the situation in which they are used.

How do I rent a room in my house?

Using a Lease Agreement, landlords can specify that they are renting out a room as opposed to an entire unit. With a room rental lease agreement in place, landlords can be sure tenants understand their rights and obligations, including how much rent is, when it is due, what areas of the property they can access, and more.

Because landlords and tenants occupy the same premises, it is important that landlords discuss boundaries and expectations at the start of the tenancy, such as when a landlord can legally enter the tenant's space, what house rules are in place and how they will be enforced, how guests will be handled, and more.

What does it mean to rent-to-own?

Rent-to-own, sometimes called option to purchase or lease-to-own, is when a tenant is provided the opportunity to purchase the rental property from their landlord.

For this type of agreement, a renter pays a non-refundable option fee and in return the landlord provides the renter an option to purchase the home at a predetermined price. If the tenant decides not to purchase the property, the landlord keeps the option fee.

Often, an option to purchase in a lease is used when a landlord wishes to sell a home or unit but the potential tenant does not qualify for a lender-based mortgage for reasons such as the tenant has a poor credit score or is unable to pay the full amount for a deposit.

Related Forms:

  • Rental Application: collect information to screen potential tenants for a rental property
  • Rental Inspection Report: inspect the state of your tenant's rental property before and after tenancy to assess any damages
  • Eviction and Lease Notices: notify your tenant with landlord notices such as Eviction Notice, Notice of Lease Violation, Notice to Increase Rent, Notice of Termination, Demand for Compliance or Possession, and Notice to Pay Rent
  • Rent Receipt: create proof of your tenant's rent payment for your records and theirs
  • Commercial Lease Agreement: lease a commercial space to a business tenant and include details about the rights, duties, and responsibilities of the landlord and tenant

Related Articles:

Frequently Asked Questions:

Residential Lease Agreement FAQ
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