The Standard Residential Lease Agreement Template is the most widely used landlord-tenant contract. It is a fixed arrangement usually lasting for a period of one (1) year and both parties shall be bound until the end of its term. The document must follow all State Statutes and contain all disclosures as provided by law. After the form has been agreed to, along with the disclosures attached and security deposit provided by the tenant, the form is ready to be signed by the parties.
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- WA (In Seattle – Outside Seattle)
- West Virginia
What is a Standard Residential Lease Agreement?
A Standard Residential Lease is the most basic and popular type of document used when renting a property to an individual, known as a tenant. It is highly customizable which is very important for landlords and property owners who wish to alter the agreement according to their needs and property type. The 3 main subjects a lease should entail is the term (length of time), amount per month or period, and any type of deposit such as a security or pet deposit. The lease guarantees that the rights and responsibilities of both landlord and tenant be ensured, according to the state.
Other common names for a Residential Lease Agreement:
- Basic Rental Agreement
- Lease Agreement Template
- Apartment Lease Agreement
- House Lease Agreement
- Simple Rental Agreement
- Renters Agreement
When to Use a Residential Lease
A Residential Lease Agreement should be used when leasing any kind of livable property to a tenant which may include a house, apartment, room, condo, mobile home or some other type of habitable property. It’s very important to use a lease to minimize disputes and if ever a problem results in the need for court, such as an eviction, a lease is needed in order for either party to win their case, especially the landlord.
Residential Lease Agreement or Month to Month Rental Agreement
When renting for a fixed term, typically for 1 year or a long term lease, you want to use a Residential Lease Agreement. For those looking to lease property in the short term by only being fixed to a rental agreement on a per month basis, you would want to select a Month to Month Rental Agreement as your contract.