Are you planning to rent a house or an apartment? When you are entering into a rental situation, you must have a rental lease agreement which will give the complete details of responsibilities of the tenant and the landlord, and will brief their rights too.
Whether you are a property owner or manager representing the owner or are a tenant who wishes to rent the property to a tenant, a written lease agreement signed by both parties is an absolute must.
Verbal agreements can easily get forgotten, and they are almost impossible to enforce. Instead, a written rent agreement is a legal contract. It provides the rules & conditions and ensures that there no issues.
Details that are Part of the Lease Agreement
Property Type Being Rented
Which type of property is being rented? Do you have a house, apartment, basement suite, condo, duplex, mobile home, room, townhouse or some other property?
Applicable Regulations
Where is the rental property located? Every state has its regulations depending on which the rental agreement needs to be customized.
Length of Contract
What is the type of contract? Is it a standard agreement or a comprehensive agreement? The complete agreement is longer and adds additional legal protection.
Lease Details
Complete details of the lease are a part of the rent agreement. When does the lease start, when does it end? Does it have a set end date? If so the date has to be entered in the lease agreement. In some rental properties, the tenants can move in before the start of the lease. However, the details have to be provided in the rent agreement.
Property Address and Information
The complete address details of the property have to be provided in the rent agreement. Will the tenant have access to the parking? The agreement needs to have full details of the property.
Landlord or Owner Information
Who is the owner of the property? Is he an individual or corporation/organization? The name of the owner has to be there in the details. If the property has more than one owners, you can add all of them in the rent agreement. Further, the contact details of the rent agreement need to be the part of the contract too. It should have the phone number and the email address also.
Tenant Information
In the rent agreement, the tenant details need to be provided as well. Is the tenant an individual or corporation or organization? What is his name? How can the tenants be contacted? Their phone number and email ids have to be there in agreement. Further, can the occupant stay in the property? Will the tenant be provided with an option to purchase?
Rent Details
How often will the rent be paid? How will the tenant pay the rent? Will it be paid in cash, check, direct debit, mobile payment system or some other way? How much notice is the landlord needed to give before the rent increase? Are the pets allowed inside of the property? Is smoking allowed indoors? Will a security deposit required? How much notice must the landlord give before entering the property? How much notice must be given before terminating the lease?
Utilities
Will, the tenant, has to pay for all the utilities? It has to be provided in the rent agreement.
Maintenance
Will the tenant pay the maintenance costs of the property?
Insurance
Who will be responsible for obtaining and paying the insurance for the leased property or the personal injury on the property?
Environment Disclosures
The rent agreement has to provide the disclosures about any hazards that maybe there.
Rent agreement also gives the details of the dispute resolution, various information. It has to be signed by both the parties for it become valid.
Create a Rental Lease Agreement for Louisiana at Forms. Legal Now!
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