How to Create a Rental Agreement

How to Create a Rental Agreement thumbnail
Create a lease before renting your property.

Landlords need to create a rental agreement before renting the property to tenants. The rental agreement, or lease, should be in writing and signed by both the landlord and tenant.

Instructions

    • 1

      The lease should include the name of landlord and tenant, the property address and the date when the lease begins and ends.

    • 2

      State the monthly rental fee, the monthly rent due date, any late charges, returned check fees and the address where payment should be mailed.

    • 3

      Spell out what happens if the tenant fails to pay rent, including the potential for eviction.

    • 4

      List the amount of security deposit required.

    • 5

      Determine who should pay utilities: the tenant or the landlord.

    • 6

      List how many tenants may live in the property and whether the tenants may sublet the property.

    • 7

      State how and when the landlord may have access to the property.

    • 8

      List any rules and regulations, such as whether tenants may have pets or are allowed to smoke.

Tips & Warnings

  • Always have a written lease. Oral leases can lead to disputes down the road.

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References

  • Photo Credit Jupiterimages/Photos.com/Getty Images

Comments

  • gahazeleyes Apr 07, 2009
    Dealing with this right now. Thank you for the advice.

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