As we all know a verbal lease agreement can be difficult to hear in court in case a dispute arises between landlord and tenant. Both have their own version of the agreement and the court will have to make a difficult choice on who to believe, that’s why it is recommended that in such dealings both parties should execute a lease agreement for rental property.
If you’re in such a situation and would want to see a sample landlord tenant lease agreement template, all you have to do is go online and download the forms free.
For starters, you can find some basic information regarding a standard residential lease agreement below.
It includes the following:
. Details of the rental property – townhouse, apartment condo, etc.
. Property location
. Lease terms and duration
. Monthly dues or whatever payment form was agreed upon
. Details of security deposit
. Payable taxes
. Repair obligations by landlord and tenant
. Utility payments
. Insurance and termination clause.
For more information and expert advice, you can opt to go online and find websites that offers home rental lease agreement templates that you can customize to your requirement and you also have to check your state law to make sure your lease agreement conforms to it.