A lease agreement is a legally binding contract that outlines the terms and conditions of a rental agreement between a landlord and a tenant. It is essential for both parties to understand every detail in the lease agreement to prevent any misunderstandings or conflicts.
If you are a tenant, it is imperative that you review and understand the lease agreement before signing it. A well-written lease agreement will protect you and your rights as a tenant.
To help you get started, we have provided a sample lease agreement for a tenant below.
LEASE AGREEMENT
This lease agreement is made and entered into on [insert date], between [insert landlord`s name], hereinafter referred to as «landlord,» and [insert tenant`s name], hereinafter referred to as «tenant.»
1. Premises
The landlord agrees to lease the premises located at [insert address] to the tenant for the purpose of residential tenancy.
2. Term
The term of this lease agreement shall be for [insert term] starting on [insert start date] and shall end on [insert end date].
3. Rent
The tenant shall pay the landlord [insert amount] as rent every [insert frequency], payable on the [insert day] of every [insert month]. The tenant shall pay the first month`s rent on or before the start date of this lease agreement.
4. Security Deposit
The tenant shall pay the landlord a security deposit of [insert amount] to be held by the landlord until the end of the lease term. The security deposit shall be returned to the tenant within [insert number] days after the end of the lease term, provided that the tenant has fulfilled all obligations under this lease agreement.
5. Use of Premises
The tenant shall use the premises solely for residential purposes. The tenant shall not engage in any illegal activities within the premises or any activities that may disturb the quiet enjoyment of other tenants within the building.
6. Maintenance and Repair
The tenant shall maintain the premises in a clean and orderly manner and shall repair any damages or losses caused by the tenant or the tenant`s guests. The tenant shall notify the landlord immediately of any repairs that need to be made.
7. Utilities
The tenant shall pay for all utilities used during the term of this lease agreement, including water, gas, electricity, phone, cable TV, and internet.
8. Pets
The tenant shall not keep any pets on the premises without the landlord`s written permission.
9. Alterations
The tenant shall not make any alterations to the premises without the landlord`s written permission.
10. Termination
Either party may terminate this lease agreement with [insert notice period] written notice to the other party.
11. Governing Law
This lease agreement shall be governed by and construed in accordance with the laws of the state of [insert state].
12. Entire Agreement
This lease agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements between the parties.
In conclusion, as a tenant, it is important to thoroughly review and understand the lease agreement before signing it. A well-written lease agreement will protect your interests and rights as a tenant. It is also recommended to seek legal advice if you have any questions or concerns about the lease agreement.