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The residential lease agreement templates is a kind of document that highlights the agreement between a landlord and the tenant when a property is being rented. This kind of agreement can also be called residential tenancy agreement and the purpose is for keeping track of situations when renting out a property.

The residential lease agreement template simply captures these details and can be downloaded, edited and signed freely online. The most important thing is to have a template that captures the basics of residential rental agreement and then edit it to your own peculiar situation. There are many templates online for this purpose.

The rental business is a serious issue and requires a legally binding agreement between the landlord and the tenant. The residential lease agreement template is used to draft the real agreement and also laying out some possible problems that may likely occur during the tenancy period and how it can be solved.

It is important to note that verbal agreement is difficult to enforce especially when the case gets to court and for this reason, the residential tenancy agreement form serves to capture these issues and make it enforceable in the law courts.

The rent lease agreement template can be used by tenant and landlord relationship as well as tenant and sub tenant relationship if there is need.

There are lots of information required to fill out a residential lease agreement template and they include the following

• The address as well as a total description of the residential building
• The full name as well as the address of the landlord
• The terms and condition including the date and signature of the landlord and tenant
• The full name and address of the tenant that is renting the residential apartment
• The rent amount to be paid
• The duration of the lease period