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rent agreement terms explained & sample rent agreements
Rent agreement format
Rental Agreement Clauses & Terms Explained
The sections below define the clauses and terms that a rental agreement must contain.
Identity of the Landlord, Tenant, Property
Period of the agreement
Rent & payment date
Rent Delay Penalty
Allowable deductions from Deposit
RESPONSIBILITIES OF PARTIES
Use of property
Changes to property
Responsibility for damages/maintenance work
Right to sublet
Inspection by landlord
Association payment &
Tax & legal payments
TERMINATION & DISPUTE
. Termination process
Handover condition & terms
Return of Security Deposit
Violation of agreement terms
Each of the above clauses is explained in Detail in the
Prop.Academy course on Real Estate Renting 101
. You can review that for further information.
Lease Agreement versus Leave and License
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