Landlord Tenant Residential Lease Agreements.
Here are some of the types of considerations that are normally in a well drafted Residential Lease Agreement. Unfortunately, many Landlords simply download "something simple" from the Web. The form is a couple of pages long, the Tenant signs it. You're done! What could go wrong? Unfortunately, a lot.
Here are some of the types of language that I normally put into a Residential Lease Agreement. Each of these topics has several sections. If you are missing some of these considerations, your lease agreement has some holes in it. That can cost you a lot of money down the line when you try to uphold the agreement in court.
I: Lease Contract Details: including parties, rental term, property description.
II: Payments: Rent prorations, payment method, utilities, late fees and dishonored checks, security deposit.
III: Property Policies and Procedures: Move-in conditions, moving out terms and conditions, use of the premises limitations, occupancy, prohibited conduct.
IV: Maintenance Issues: Maintenance, repairs and equipment malfunctions, mold, pest control.
V: Community Rules and Regulations: Parking, Pets, Antenna and Satellite Dishes, Use of Common Areas, Sub-leases and roommate change restrictions, tenant rental insurance.
VI: General Conditions: Casualty, condemnation or eminent domain, crime and security issues, re-entry, premises surrender or abandonment, notice to quit, holding over month-to-month, remedies for tenant breach, liquidated damages, attorney fees, lease enforce ability, fair housing standards, asbestos, hostile behavior and communications, severability, non-waiver provisions, joint and several liability, binding effect.
VII. Signatures.
Some of these categories might not be important for some leases, and there are certainly a significant number of things that might pertain to some leases but not others: ex. watering and yard maintenance, trees and shrubbery, garage use and storage, car repairs on the premises, trash and pickup, snow removal, windows and siding, general maintenance.
Your situation may vary. If you want a free consultation you can call today at 720-431-1964
