A standard lease agreement is an agreement between the landlord and tenant that tries to keep track of all kinds of details when you are renting a property. It can also be called a standard rental agreement as the terms and condition should be agreed before the rent is paid. It is important to note that the standard rental agreement form help organizes all the aspect of your lease agreement by simply putting all information in one form document and this is to help you know your obligation and protect your right when it becomes absolutely necessary. The standard lease agreement is the first step to a landlord/tenant relationship .
The standard lease agreement is used for a wide range of things as it regards to landlord/tenant relationship. It is used to create understanding between the landlord and tenant during the leasing of a property. This is because by creating a standard lease agreement, the chances of misunderstanding is minimized as all terms and conditions are laid bare by both parties. It can also be used for home owners that intends to rent a room in their homes to another tenant. The standard rental lease agreement can be used for landlord to tenant agreement or even tenant to sub tenant agreement. Whatever the case, the most important thing is that the terms and conditions are agreed by both parties to become effective.
To fill the standard lease agreement template, you will require some information and they include: