Lease Agreement
Lease Agreement FormsLease Agreement forms are used by landlords and property management companies when leasing residential property. The Lease Agreement is a legal document which can be used in a court of law if there is a breach in contract by either party, so it is important to make sure your Lease Agreement complies with all the Landlord Tenant laws. |
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Lease Agreement - What should it Include?The Lease Agreement - also known as the Residential Lease or Rental Agreement - is one of the most important forms you will ever use in property management. The Lease Contract must include the address of the rental property, names of the tenants who will be living there, how much rent they will be paying, and the duration of the lease agreement. It should also include details regarding the security deposit, remedies for damages or late payments, and other terms and conditions that will govern the lease agreement. Lease Agreement - What are the specific laws?If this is your first time using the Lease Agreement, you may want to check out the Department of Housing and Urban Department website to learn more about tenant rights, laws and protections. Federal law requires the Lease Agreement to include a disclosure for lead paint if the property was built before 1978. Most states also require the Landlord to disclose the existense of mold or hazardous materials on the premises. Each state has different laws, and has some very specific rules regarding security deposits, rent withholding, lease termination, and disclosures. You can read to become familiar with the most important factors that must be incorporated onto the Lease Agreement form. You may also want to read to learn more about the specific laws that may affect you. |
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Lease Agreement - What else should I know?The Rental Application form can be used to screen prospective tenants before filling out the Lease Agreement. Also the Rental Credit Check form can be used to get authorization from the tenant to conduct a credit check. If you need help with selecting the right tenants, SimplifyEm's tenant screening solution makes it easy for landlords and property managers to get leasing recommendations, credit reports, and criminal history for each tenant. |