Lease Application for Rent :: Residential Lease Agreement Contracts

Lease Application for Rent [_] This package contains (1) Instructions and Checklist for Residential Lease Agreement; (2) Information about Residential Lease Agreements; (3) Residential Lease Agreement; (4) Inspection Checklist; (5) Lead Paint Disclosure. [_] The Landlord must sign the Lease Agreement [_] The Tenant(s) must sign the Lease Agreement. If there is more than one adult Tenant, all should sign the Lease Agreement. [_] Generally both the Landlord and the Tenant(s) get an original signed Lease Agreement each. Therefore, if there is one Landlord and 2 Tenants, 3 original leases should be executed (i.e. signed). [_] The Landlord and the Tenant(s) should conduct a joint inspection before the beginning of the lease. [_] If a lease exceeds a certain number of years, some states require that the lease be recorded. Recording a Lease would generally also require notarization. The parties should also investigate under what circumstances a Lease may need to be recorded. [_] Some states require the Landlord and Tenant to conduct an inspection of the premises to be rented, before physical occupancy by the Tenant or before the lease is signed. Even if a state does not require a joint inspection, it is always a good idea to do one. [_] If the property is built before 1978 property (i.e. pre-1978 property), federal law requires that the Landlord and Tenant (and their Agents) sign the  ¡Ã‚ §Disclosure of Information on Lead-Based Paint ¡Ã‚ ¨. Federal law requires the Landlord to keep the signed copy of the  ¡Ã‚ §Disclosure of Information on Lead-Based Paint ¡Ã‚ ¨ for a minimum of three years as proof of compliance with the rules. A copy of the  ¡Ã‚ §Disclosure Of Information On Lead-Based Paint and/or Lead-Based Paint Hazards ¡Ã‚ ¨ form is included in this package. [_] These forms contain the basic terms and language that should be included in similar agreements. The laws in some states require a seller to make additional written disclosures, including disclosures about the condition of the house, the neighborhood, environmental disclosures and any other known problems. Some cities and other municipalities may also have specific disclosure requirements that need to be included. Check with a real estate agent or attorney in your area to determine what additional disclosures, if any, are required in your state or locality. If not required by law, a Buyer may still request the disclosures and try to make them part of the agreement. [_] Laws vary from time to time and from state to state. These forms are not intended and are not a substitute for legal advice.