A lease is that legal document that binds both the owner of the property and the person who leases the property in a contract. It specifies the terms and conditions that landlords and tenants agree to, so that there is no risk of problems in the future regarding these. In most cases, people also have oral agreements, but oral agreements are not a reliable way to have these things planned. Therefore, it is always important to have written documents so that they remain safe. When you notarize them, they become public.
The lease agreement template includes the following:
It begins with a statement that is like an oath that lists the address of the house or property, the names of the landlord and tenant, and the date the lease was signed.
The property section includes the address again and assets such as the refrigerator, furniture, and anything or everything that might be there.
The terms of the agreement include the date and the duration of the lease agreement. If the landlord is considering renewing the lease after that specific time, they should mention it in this section.
Rent is the next section that states how much the tenant will pay monthly.
The amount deposited is indicated below it.
After this, services provided such as water, gas, etc. are also mentioned.
Inventory checklist and other conditions come later.
The form is closed with the signatures of both parties at the bottom.
