A rental lease agreement is a document that outlines the terms and conditions of a tenant’s occupancy to a rental property. It protects both parties by setting expectations and firming up the rental property’s rules and requirements. The following are five tips for creating a rental lease agreement.
Collect Each Party’s Biodata
The first step is to fill out your official names, phone contact, email address, and postal address that you may wish to receive future communication. The same information is requested and filled for co-owners of the property, property managers and agents, and all tenants who sign the lease document. Adding information about dependents living in the rental property is critical.
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