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RESIDENTIAL LEASE

This residential lease (the "Lease") is dated April 26, 2018, 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 April 26, 2018 and lasts until 12:00 noon on April 26, 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 ______________________, ______________, Virginia __________. 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 ______________________, ______________, Virginia __________. 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 April 26, 2018.

 

_______________________________
______________________(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: April 26, 2018

  _________________________________
Landlord: _________________________

Tenant's Disclosure

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

Date: April 26, 2018

  _________________________________
Tenant: _________________________

Residential Lease Information

Alternate Names:

A Residential Lease is sometimes called a:

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

What is a Residential Lease?

A Residential Lease agreement is a form that both the tenant(s) and landlord(s) negotiate and sign when the tenant will be renting property from the landlord. The Lease includes property, tenant, and landlord details.

The Lease also covers:

  • The term or length of the contract (fixed or periodic)
  • The amount and frequency of rent
  • Whether there can be rent increases
  • If tenants are allowed to smoke, have pets, or a home business
  • The amount of security/damage deposit, charges for late payments, additional charges (such as utilities)
  • The maintenance and insurance obligations
  • Any signing incentives
  • The guest rules
  • An option to purchase
  • An option to renew

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

What can I use a Residential Lease for?

You can use this Rental Contract for any type of residential property rental, including:

  • House
  • Apartment
  • Condo
  • Mobile Home
  • Basement Suite
  • Duplex
  • Townhouse
  • Room
  • Other living spaces
  • Rent-to-own options

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. People who may find this form useful are:

  • 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 the option to buy

Can I rent-to-own?

A common form of a rent-to-own agreement is a rental contract with an option to purchase or buy. An option to purchase gives the tenant the chance to buy the home for a certain price within a certain period of time.

This form of agreement is used where a landlord wishes to sell a home but the potential tenant either has a negative credit rating or can't save a large enough deposit for a lender-based mortgage.

The tenant(s) pay 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 or deposit.

Forms Related to a Residential Lease:

  • Residential Rental Inspection Report: used by landlords and tenants to inspect the state of a rental property before and after tenancy to assess any damages
  • Residential Rental Application: a document used by landlords to screen potential tenants for a rental property
  • Roommate Agreement: an agreement that details responsibilities and obligations of people who are living together
  • Commercial Lease Agreement: a contract that details the rights, duties, and responsibilities of business tenants who are leasing commercial space from a landlord
  • Residential Sublease Agreement: used by a tenant to sublease a residential property to a new tenant before the current tenant's lease has expired
  • Personal Property Rental Agreement: used to rent personal property to, or from, another person
  • Eviction and Lease Notices: forms for both landlords and tenants such as Eviction Notice, Notice of Lease Violation, Notice to Increase Rent, Notice of Termination, Demand for Compliance or Possession, Notice to Pay Rent, Notice to Repair, and Notice of Intent to Vacate

Frequently Asked Questions:

Residential Lease Agreement FAQ
Sample Residential Lease

Sample

Residential Lease Agreement

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