How to Write a Rental Lease

Writing a rental lease establishes the foundation of a good relationship between a landlord and tenant. A rental lease spells out what each party can expect from the other, and that helps to avoid conflict down the road. Leases should be clear, comprehensive and easily understandable.

Things You'll Need

• Pen and paper or word processor and printer

Instructions

1. 

   Begin with the names. The names of the people on the lease are the legally responsible parties, and all adult tenants should be included. Also include the name(s) of the legally responsible landlord. This may be a corporation or an individual. The rental lease should be signed and dated by each party named in the document.

2. 

   Include dates. One year is an ideal rental lease term. Some vacation properties, however, are rented for the summer months only. Some landlords offer six month leases. Tenants are given keys and granted access on the first day of the rental lease. The end date gives both the landlord and tenant the opportunity to reevaluate and determine whether they wish to continue the relationship.

3. 

   Include all monetary considerations. This includes the amount of the rent, when it is due, and what penalty will be imposed if it is late. Detail the amount of deposit being held, when and under what conditions it will be returned, to whom it will be returned, the amount of interest it will yield, and who will receive that interest. Also detail any fees or fines that may be imposed upon the tenant. These would include fees for bounced checks, court fees, or fines.

4. 

   Detail the responsibilities of the tenant and landlord. This should include which utilities are and are not covered by the rent and any services the landlord agrees to cover. Examples may include snow removal, appliance repair, trash collection and lawn-care.

5. 

   Spell out who is to have access to the property, under what conditions, and how much notice the landlord must give if he needs to enter the property. Document that that no illegal activities will be permitted, and any considerations that may be required for the benefit of other tenants. Include any specific state or city laws that may impact the tenant. Also, define any specific policies, such as pet policies.

References

• Rentals Online

Resources

• Find Legal Forms