If you`re a landlord looking to rent out your property for a short period of time, it`s important to have a clear and concise lease agreement in place to protect both you and the tenant. For those who don`t have the time or resources to develop a custom lease agreement, a simple short term lease agreement template can be a great solution.
Here are some key elements to include in a simple short term lease agreement template:
1. Names and Contact Information: Include the full names, addresses, and contact information of both the landlord and tenant.
2. Property Details: Clearly state the address of the property being rented, including any specific details such as unit number or floor.
3. Term of Lease: Specify the start and end dates of the lease agreement.
4. Rent Payment: Outline the amount of rent due, the payment schedule (e.g. weekly, monthly), and any late payment fees or penalties.
5. Security Deposit: State the amount of the security deposit required, when it`s due, and how it will be returned to the tenant at the end of the lease.
6. Maintenance and Repairs: Specify who is responsible for maintaining the property and making any necessary repairs during the lease term.
7. Utilities and Services: Detail which utilities and services (e.g. electricity, gas, water, internet) are and are not included in the rent payment.
8. Termination and Renewal: Include provisions for how the lease can be terminated early and under what circumstances it can be renewed.
9. Legal Compliance: Ensure the lease agreement adheres to all local and state laws and regulations.
10. Signatures: Require both the landlord and tenant to sign and date the lease agreement.
By utilizing a simple short term lease agreement template, landlords can save time and ensure a proper agreement is in place for their property rental. Always remember to have the document reviewed by a legal professional to guarantee its compliance with applicable laws and regulations.