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Download rental agreement template in Microsoft Word format.
Easy To Use Home Rental Agreement Template
A home rental agreement template comes in handy for landlords who have several properties that are rented out and therefore have frequent use for this agreement. A home rental agreement template deals with the terms of the tenancy in a structured manner so that it is a legally tenable document when the need arises.
Though the home rental agreement template can be filled in to obtain the final document, the landlord/tenant would still need to get the agreement put on stamp paper, signed by both the parties in the presence of witnesses, and perhaps even get it notarized depending on state laws governing renting of homes.
Some of the important inclusions in the home rental agreement are discussed below:-
• The name, address, and contact information of the landlord and the tenant should be clearly mentioned in the agreement.
• An inventory of all appliances, fittings and fixtures should either find place in the body of the agreement or attached as an annexure. When an annexure is made, make sure to mention the annexure prominently on the body of the agreement.
• The due date for payment of rent every month and penalties for belated payment should be mentioned on the body of the agreement.
• The date and time from which the tenancy commences as well as the date on which it expires should be clearly mentioned.
• The landlord’s right to enter the tenanted property for inspection and a procedure for carrying out the inspection should be mentioned.
• The Landlord’s policies regarding pets, parking, disposal of garbage, payment of utility charges and similar aspects should be dealt with in detail.
• Notice period for termination of the tenancy on either side should be mentioned. Landlord should also stipulate procedure for refund of deposit if any collected.
• The tenant should hand over all fittings, fixtures and furniture in good repair and bear the cost of replacement/repair when necessary.
The identity of the tenant is an important part of renting out a home. The home rental agreement template may not deal with this, but for the Landlord it is always a safe measure to insist on a valid identity before accepting a new tenant. Once the identity is furnished you may also double check with the issuer so that there are no surprises in store for you.
Home rental agreements are simple documents to protect the interests of both the tenants as well as the landlords. After examining a couple of websites offering a home rental agreement template, you can choose one that in your opinion answers your needs best. As long as you follow the template and can input the required information correctly, you may not need the services of a legal professional to create this agreement for you.