Are you planning to rent out your property? If yes, then it is important to have a rental agreement in place. A house rental agreement is a legal document that outlines the terms and conditions between the landlord and the tenant. The agreement ensures that both parties are on the same page about the rental property and avoids any confusion or misunderstandings in the future.
If you are unsure about how to draft a rental agreement, then don`t worry. Here is a sample of a house rental agreement that can help you get started.
House Rental Agreement
This House Rental Agreement (“Agreement”) is made and entered into on [Date] by and between [Landlord`s Name] (“Landlord”) and [Tenant`s Name] (“Tenant”).
Property Address: [Insert Property Address]
1. Rental Period: The rental agreement will begin on [Start Date] and end on [End Date].
2. Rent Payment: The Tenant shall pay rent in the amount of [Rent Amount] per month. The rent is due on the [Due Date] of each month. If the rent is not paid on time, a late fee of [Late Fee Amount] will be charged.
3. Security Deposit: The Tenant shall pay a security deposit of [Security Deposit Amount] prior to moving in. The security deposit will be returned to the Tenant at the end of the rental period, provided that there is no damage to the property or any outstanding rent payments.
4. Use of Property: The Tenant shall use the property for residential purposes only and shall not conduct any illegal activities on the property.
5. Maintenance and Repairs: The Tenant shall be responsible for maintaining the property in a clean and orderly manner. Any repairs or damages caused by the Tenant shall be the responsibility of the Tenant.
6. Utilities: The Tenant shall be responsible for paying all utilities associated with the property, including electricity, gas, and water.
7. Pets: Pets are not allowed on the property unless otherwise agreed upon in writing by the Landlord.
8. Termination: Either party may terminate this Agreement by providing [Notice Period] days written notice to the other party.
9. Governing Law: This Agreement shall be governed and interpreted under the laws of [State].
10. Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and agreements.
In witness whereof, the parties have executed this Agreement as of the date first written above.
[Landlord`s Signature]
[Tenant`s Signature]
This sample house rental agreement is just a template. You can customize it based on your specific needs and requirements. It is important to have a rental agreement in place to protect yourself as a landlord and ensure that your tenant understands the terms and conditions of the rental property. With a well-drafted rental agreement, both parties can enjoy a smooth and hassle-free rental experience.
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