How to Create a Rental Lease Agreement
A rental lease agreement is a document for both landlords and tenants that sets rules and expectations of both parties.
Tips for Creating a Legally Binding Rental Lease Agreement Form
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- Use clear, simple language that’s easy to understand.
- Check local laws to make sure the agreement meets all requirements.
- Consider having a lawyer review the agreement.
Step-by-Step Guide to Writing a Rental Agreement for Landlords and Tenants
Step 1 – Title of the Agreement
Start by giving your agreement a clear title, such as “Residential Lease Agreement” or
“Rental Agreement.”
Step 6 – Rental Payment Terms, Late Fees, and Payment Methods
Outline the rent amount, payment due date, and acceptable payment methods. Include any late fees and when they will be applied.
- Monthly Rent – $[Amount]
- Due Date – Rent is due on the [Xth] day of each month.
- Payment Method – [Bank transfer, check, online portal, etc.]
- Late Fee – A late fee of $[Amount] will be charged if rent is not received within [X] days of the due date.
Step 7 – Security Deposit Requirements and Return Dates
Specify the amount of the security deposit, the conditions under which it will be returned, and any deductions that may be made for damages.
- Security Deposits – Tenants shall pay a security deposit of $[Amount], which will be held to cover any damages or unpaid rent. The deposit will be returned within [X] days after the end of the lease term, minus any deductions for damages or unpaid amounts.
Step 8 – Utilities and Services Included in Lease
List the utilities and services included in the rent (e.g., water, electricity, gas) and specify which ones the tenant is responsible for.
- Included Utilities – [List utilities included, e.g., water, trash removal, etc.]
- Tenant’s Responsibility – Tenant is responsible for paying utilities such as electricity, gas, internet, etc.
Step 9 – Address Responsibilities for Maintenance and Repairs
Outline the responsibilities of both the landlord and the tenant for maintaining the property. Specify what constitutes normal wear and tear versus damage that the tenant must repair.
- Landlord’s Responsibilities – The landlord is responsible for maintaining the property services (plumbing, heating) and that they are in good working order.
- Tenant’s Responsibilities – Tenant is responsible for keeping unit clean and notifying the landlord of any necessary repairs.
Step 10 – House Rules and Pet Regulations
Include any rules or guidelines that the tenant must follow, such as pet policies, smoking policies, noise restrictions, and parking rules.
- Pets – No pets are allowed on the property without prior written consent from the landlord.
- Smoking – Smoking is prohibited inside the rental unit and in common areas.
Step 11 – Lease Renewal Terms and Early Termination Rules
Specify the terms for renewing the lease or terminating the agreement. Include notice periods required by either party for non-renewal or early termination.
- Lease Renewal – The tenant may request to renew the lease at least [X] days before the lease expiration.
- Termination – Either party may terminate this lease by providing [X] days written notice prior to the lease end date.
Step 12 – Rental Property Entry by Landlord During Lease
Outline the conditions under which the landlord may enter the rental property (e.g., for repairs, inspections) and the required notice period.
- Landlord’s Right to Enter – The landlord may enter the rental unit for inspection, repairs, or showings with [X] days’ notice.