When it comes to leasing a property, having a simple lease agreement is crucial. A lease agreement is a legal document that outlines the terms and conditions between a landlord and tenant for renting a property. It is important to have a lease agreement in place, as it protects both parties and clarifies expectations.
Here is a sample of a simple lease agreement:
LEASE AGREEMENT
This lease agreement, made on 2024, is between [landlord’s name and address] (the “Landlord”) and [tenant’s name and address] (the “Tenant”).
PROPERTY
The Landlord agrees to lease to the Tenant the property located at [address] (the “Property”), which shall be used for residential purposes only.
TERM
The lease term shall begin on 2024 and end on 2024. The Tenant agrees to vacate the Property by [time] on the last day of the lease term.
RENT
The Tenant agrees to pay the Landlord a rent of [rent amount] per month, due on the [day] of each month. Payment shall be made in the form of [payment method].
UTILITIES
The Tenant is responsible for the payment of all utilities, including but not limited to electricity, gas, water, and trash.
SECURITY DEPOSIT
The Tenant shall pay a security deposit of [security deposit amount] to the Landlord at the beginning of the lease term. The security deposit shall be returned to the Tenant at the end of the lease term, minus any deductions for unpaid rent, damages, or cleaning fees.
PETS
Pets are [allowed/not allowed] on the Property.
SMOKING
Smoking is [allowed/not allowed] on the Property.
MAINTENANCE
The Tenant agrees to keep the Property clean and in good condition, and to promptly notify the Landlord of any necessary repairs. The Landlord agrees to maintain the Property in a habitable condition.
TERMINATION
This lease agreement may be terminated by either party with [notice period] days’ written notice.
GOVERNING LAW
This lease agreement shall be governed by the laws of the state of [state].
IN WITNESS WHEREOF, the parties have executed this lease agreement as of the date first above written.
[Landlord’s signature]
[Tenant’s signature]
As you can see, a simple lease agreement covers the basics and important details between a landlord and tenant. It is important to have a lease agreement to avoid misunderstandings and disputes. By having a clear understanding of expectations and obligations, both parties can enjoy a positive renting experience.
