A Residential Lease Agreement is a legal document that is signed between an owner of a real estate property such as an apartment, house, villa, etc. and an individual or organization that is looking to rent or lease the said real estate property. This residential lease agreement form outlines the legal mutual arrangement between these two parties and contains all the various clauses and terms that describe the agreement between the two parties.
In common usage, the owner of the real estate property is known as the landlord, while the person taking the real estate property on rent is known as the tenant. Thus, a residential lease agreement form is signed between a landlord and a tenant before the tenant moves into the property and includes details such as the effective date, the rental amount, the security deposit, etc.
The free residential lease agreement PDF provided below is available to download and customize to your liking. You can modify and edit the content of this sample residential lease agreement using PDF Expert — the best PDF Editor for Mac. This free residential lease agreement includes the general terms & conditions that any Landlord or Tenant must agree too. Feel free to add your own specific terms and clauses as you want and remove the ones that you don’t like or agree to.
A residential lease agreement template can be used by Landlords and Tenants for any type of real estate property, such as an Apartment, Condominium, House, Villa, etc. as long as the same is described correctly in the rental agreement.
A basic rental agreement or residential lease will have the following details mentioned in it:
- Complete Details of the Landlord
- Complete Details of the Tenant(s) (more than one tenants are allowed)
- Details of the rent and security deposit
- Details of Due Dates and Late Payment Fees
- Details of the Utility Services, Furnitures and other Furnishings provided by the Landlord, as well as the condition of each
It is important to note that whenever you are signing a residential lease agreement as a Tenant, you should always conduct a thorough Joint Inspection of the property premises in presents of the Landlord, and make a note of every object and fitting that is provided by the Landlord along with its condition. A Joint Inspection Report must be attached to every Residential Rental Agreement so ensure there are no issues or claims later.
The Residential Lease Agreement Form Template shown below is a basic rental agreement template PDF that you can download and edit according to your needs. You can customize the PDF and add your own details to it using PDF Expert — the best PDF Editor app for iOS and Mac. Download PDF Expert for Free to get started with this Free rental house agreement template.
Click here to download the Free residential lease agreement template shown above.