The Simple Property Lease Agreement is a fundamental legal document used throughout the United States for residential property rentals. This contract type serves as the primary instrument for defining the landlord-tenant relationship and protecting both parties' interests. It incorporates crucial elements required by federal housing laws while remaining adaptable to state-specific requirements. The agreement is particularly useful for straightforward residential leases where standard terms are sufficient, and complex commercial provisions are unnecessary. It typically includes basic terms about property use, rent payment, maintenance obligations, and lease duration, while ensuring compliance with Fair Housing Act requirements and state landlord-tenant laws.
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1. Parties: Identification of landlord and tenant with full legal names and addresses
2. Background: Brief context about the property and purpose of the lease
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the leased premises
5. Term: Duration of the lease including start and end dates
6. Rent: Amount, payment schedule, and acceptable payment methods
7. Security Deposit: Amount, terms of hold and return
8. Maintenance and Repairs: Responsibilities of both parties regarding property upkeep
9. Termination: Conditions and process for ending the lease
1. Utilities: Division of utility responsibilities when not included in rent
2. Pets: Pet policies and additional deposits for properties allowing pets
3. Subletting: Rules regarding subletting the property when permitted
4. Parking: Parking arrangements and fees where parking is available
1. Property Inventory: List of furnishings and their condition
2. House Rules: Specific rules for property use and resident behavior
3. Lead-Based Paint Disclosure: Required disclosure form for pre-1978 properties
4. Move-in Inspection Report: Documentation of property condition at start of lease
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