Apartments
Free Basic Rental Agreement Template for Landlords
April 13, 2020
If you’re a landlord looking for a basic rental agreement, we have you covered.
Free Basic Rental Agreement Template for Landlords
Our free residential rental agreement covers everything landlords and property managers need to discuss with new tenants including terms, payment, fees, rules, and both tenant and landlord rights and responsibilities.
What is an Apartment Rental Lease Agreement?
An apartment rental agreement is a written contract between the landlord and tenant that explicitly outlines a list of rights and responsibilities for both parties. The written agreement clearly states the obligations of both parties for the agreed-upon length of the contract.
A rental lease agreement is meant to protect both the landlord and residents in unexpected disputes during the duration of the lease.
What Does a Rental Agreement Cover?
A rental agreement covers everything that a landlord and tenant have agreed upon.
That includes:
- Basic terms and conditions of the rental agreement
- Rent details including monthly cost, when rent is due, how to pay rent, etc.
- The length of the lease agreement
- Rights and responsibilities for the resident
- Rights and responsibilities for the landlord
Is a Rental Lease Agreement Legally Binding?
A signed, written basic rental agreement is legally binding and is a legal document that is holden accountable in a court of law. It states to the court that both parties were made aware of their responsibility and obligations in the lease terms, as well as the penalties or actions that could be taken if these obligations are not met.
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