When drafting a rental agreement, it is important to include certain legal terms to protect both the landlord and tenant. These terms can vary based on state and local laws, but there are some standard clauses that should be included in any rental agreement.
1. Lease term: This clause specifies the length of the lease, whether it is month-to-month or for a fixed period of time. It also outlines the date the lease begins and ends.
2. Rent payment: This clause outlines the amount of rent due, when it is due, and the consequences for late payment. It may also include details on acceptable forms of payment and where to send the rent.
3. Security deposit: This clause outlines the amount of the security deposit required, when it must be paid, and the reasons why it may be withheld at the end of the lease.
4. Maintenance and repairs: This clause outlines the responsibilities of both the landlord and tenant for maintaining and repairing the property. It may include details on who is responsible for minor repairs versus major repairs.
5. Utility payments: This clause outlines which utilities are the responsibility of the tenant and which are the responsibility of the landlord. It may also address any arrangements for paying for utilities.
6. Pets: This clause addresses whether pets are allowed on the property, any restrictions on the type or number of pets, and any additional fees or deposits required for pets.
7. Termination: This clause outlines the circumstances under which the lease may be terminated, such as non-payment of rent or violation of the lease agreement.
8. Subletting: This clause addresses whether the tenant is allowed to sublet the property and any conditions or restrictions on subletting.
9. Alterations: This clause outlines whether the tenant is allowed to make alterations to the property and any restrictions on what can be altered.
10. Legal remedies: This clause outlines the legal remedies available to either party in the event of a breach of the lease agreement.
Including these legal terms in a rental agreement can help protect both the landlord and tenant and ensure a smooth renting experience. It is important to consult with a legal professional to ensure that the rental agreement complies with all applicable laws and regulations.