Free Residential Rental Agreement Template
Residential Rental Agreement
Date: November 4, 2050
I. Parties Involved
This Residential Rental Agreement ("Agreement") is entered into on November 4, 2050, by and between:
Landlord/Property Owner: [Your Name], representing [Your Company Name]
Company Email: [Your Company Email]
Company Contact Number: [Your Company Number]
Company Address: [Your Company Address]
Tenant(s): Pearl Bergna
Tenant’s Email: pearl@you.mail
Tenant’s Address: Lincoln, NE 68501
II. Property Details
Property Address: 123 Sunview Drive, Lincoln, NE 68501
Type of Property: Residential (Single-family home)
Rental Term: 12 months
Lease Start Date: November 15, 2050
Lease End Date: November 14, 2051
III. Rent and Payment Terms
Monthly Rent
The Tenant agrees to pay the Landlord a monthly rent of $1,500.
Payment Method
Payments should be made by:
-
Bank transfer to [Your Company Name]’s designated bank account.
-
Check payable to [Your Name] or [Your Company Name].
-
Online payment portal provided by [Your Company Name].
Late Payment
Rent is due on or before the 1st of each month. Late payments will incur a late fee of $50 after the 5th of the month.
Due Date |
Late Fee Applied Date |
Late Fee Amount |
---|---|---|
1st of each month |
5th of each month |
$50 |
IV. Security Deposit
Deposit Amount
The Tenant will provide a security deposit of $1,500. This amount will be held to cover any potential damages to the property or unpaid rent. The deposit will be returned within 30 days of lease termination, subject to inspection.
Usage Conditions
The deposit may be used for:
-
Repair of damages beyond normal wear and tear.
-
Payment of outstanding rent or late fees.
V. Maintenance and Repairs
Tenant Responsibilities
The Tenant agrees to:
-
Maintain cleanliness and condition of the property.
-
Notify [Your Company Name] promptly of any needed repairs.
Landlord Responsibilities
The Landlord will:
-
Oversee major HVAC, plumbing, and electrical repairs and maintenance.
-
Schedule routine inspections with at least 48 hours' notice to the Tenant.
VI. Utilities and Services
Utility/Service |
Responsible Party |
---|---|
Water |
Tenant |
Electricity |
Tenant |
Internet |
Tenant |
Trash collection |
Landlord |
The Tenant is responsible for setting up and maintaining utility accounts.
VII. Rules and Regulations
Use of Premises
The Tenant shall use the property solely as a private residential dwelling. Any subletting, sharing, or modification to the property requires prior written consent from [Your Name].
Noise and Conduct
The Tenant agrees to maintain reasonable noise levels and adhere to neighborhood conduct policies.
VIII. Termination of Agreement
Notice Period
To terminate the lease, a 60-day written notice is required from either party.
Conditions for Early Termination
Should the Tenant wish to terminate the lease early, they agree to pay an early termination fee equivalent to two months' rent.
IX. Signatures
By signing below, both parties agree to the terms outlined in this Agreement.
Landlord/Authorized Agent: [Your Name]
Date: November 4, 2050
Tenant(s): Pearl Bergna
Date: November 4, 2050
This Agreement is executed under the laws of the state of Nebraska and remains legally binding for its duration.