Creating a furnished rental property agreement requires attention to specific details to ensure that both the landlord and tenant are clear about the terms and conditions of the rental. Below is an outline of what a typical furnished rental property agreement might include:
1. Parties Involved
- Landlord’s Details: Full name and contact information.
- Tenant’s Details: Full name and contact information of all tenants.
2. Property Description
- Address and Description: Full address of the rental property and a brief description (e.g., two-bedroom apartment, furnished).
3. Lease Term
- Duration: Specify the start and end date of the lease.
- Renewal Terms: Conditions under which the lease can be renewed.
4. Rent Details
- Rent Amount: The monthly rent amount.
- Due Date and Payment Method: When and how the rent should be paid.
- Late Payment Penalties: Consequences of late payment.
5. Security Deposit
- Amount: Specify the required security deposit.
- Terms of Return: Conditions for the return of the deposit.
6. Furnishings and Appliances
- Inventory List: Detailed list of all furnishings and appliances provided.
- Condition and Maintenance: State of the items and maintenance responsibilities.
- Damage and Loss Policy: Procedure for dealing with damaged or lost items.
7. Utilities and Services
- Included Utilities: List of utilities included in the rent (if any).
- Tenant Responsibilities: Utilities and services the tenant must cover.
8. Use of Property
- Occupancy Limits: Number of people allowed to reside in the property.
- Restrictions: Guidelines on smoking, pets, noise, etc.
9. Maintenance and Repairs
- Landlord’s Responsibilities: Landlord’s obligations for property maintenance.
- Tenant’s Responsibilities: Tenant’s obligations, including minor repairs and regular upkeep.
10. Inspection
- Move-In Inspection: Process for documenting the property condition at move-in.
- Regular Inspections: Schedule and notice for routine inspections.
11. Termination and Eviction
- Notice Period: Required notice for lease termination by either party.
- Eviction Terms: Conditions under which eviction can occur.
12. Legal Clauses
- Governing Law: Jurisdiction governing the lease agreement.
- Dispute Resolution: Method for resolving disputes (mediation, arbitration).
13. Additional Provisions
- Special Terms: Any additional terms agreed upon (e.g., refurbishment).
14. Signatures
- Landlord and Tenant Signatures: With date of signing.
Here is a standard furnished property rental agreement template. We trust you find this rental template satisfactory. Should you have any inquiries or require clarification, please feel free to leave a comment.
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