A standard lease agreement is a rental contract, commonly for one (1) year, between a landlord and tenant for residential property. The tenant, after being approved through a rental application, will be allowed to occupy and live on the premises while paying rent on monthly basis. Rent is commonly due on the 1st day of the month and, if late, will be subject to fees and possibly eviction. Under a standard lease, a tenant obtains all landlord-tenant rights provided to them under State law.
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Lead-Based Paint Disclosure – Required for any residence that was constructed prior to January 1, 1978.
Move-in Checklist – Required in 17 States. Allows the landlord and tenant to inspect the premises for damage to protect the tenant’s security deposit at the end of the lease. If the same damage is shown from the inspection at the start of the lease, the tenant is not liable for its repair.