Room Rent Lease Agreement Sample
Renting a room is becoming an increasingly popular option for many individuals, particularly those who are looking for an affordable and flexible housing solution. If you`re considering renting out a room in your home, it`s important to have a solid lease agreement in place to protect both yourself and your tenant. In this article, we`ll take a look at a sample room rent lease agreement and provide some tips to help make sure your agreement is comprehensive and effective.
First, let`s take a look at the key elements of a typical room rent lease agreement:
– Parties: This section identifies the parties involved in the agreement, including the landlord (you) and the tenant.
– Premises: The premises section describes the room or rooms being rented out, including any common areas that the tenant may have access to.
– Term: This section outlines the length of the lease agreement, including the start and end dates.
– Rent: The rent section specifies the amount of rent to be paid each month, the due date for payment, and any penalties for late payment.
– Security deposit: This section outlines the amount of the security deposit required, the conditions under which it may be withheld, and how and when it will be returned.
– Utilities and other expenses: This section describes which utilities and other expenses (such as internet or cable) will be the responsibility of the tenant.
– Use of premises: This section outlines any restrictions on the use of the room or common areas, as well as any rules regarding noise, guests, or pets.
– Maintenance and repairs: This section specifies who is responsible for maintenance and repairs, and how these costs will be handled.
– Termination: The termination section outlines the conditions under which the lease agreement may be terminated, including by either party giving notice to the other.
– Governing law: This section specifies which state law will govern the lease agreement.
Now that we`ve covered the key elements of a room rent lease agreement, let`s take a look at a sample agreement:
[Your Name]
[Address]
[City, State Zip Code]
[Phone Number]
[Email Address]
[Date]
LEASE AGREEMENT
This lease agreement (“Agreement”) is entered into as of the [Start Date] by and between [Landlord Name], hereafter referred to as “Landlord,” and [Tenant Name], hereafter referred to as “Tenant.”
WHEREAS, Landlord is the owner of the real property located at [Address], hereafter referred to as the “Premises,” and desires to rent out one of the rooms within the Premises to Tenant;
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:
1. Premises. Landlord rents to Tenant one room within the Premises, which includes [list any common areas].
2. Term. The term of this Agreement shall commence on [Start Date] and shall end on [End Date].
3. Rent. Tenant agrees to pay rent of $[Monthly Rent Amount] due on the [Due Date] of each month.
4. Security Deposit. Tenant shall pay a security deposit of $[Security Deposit Amount], which shall be returned to Tenant within [Number of Days] following the end of the lease term, provided there are no damages to the Premises.
5. Utilities and Other Expenses. Tenant shall be responsible for [list any utilities or other expenses Tenant will be responsible for].
6. Use of Premises. Tenant shall only use the room and common areas for residential purposes, and shall not create any nuisance or disturbance for other tenants or neighbors. [Include any other restrictions on use.]
7. Maintenance and Repairs. Landlord shall be responsible for [list any maintenance or repairs Landlord is responsible for], while Tenant shall be responsible for [list any maintenance or repairs Tenant is responsible for].
8. Termination. Either party may terminate this Agreement by providing [Number of Days] days` written notice to the other party.
9. Governing Law. This Agreement shall be governed by the laws of the State of [State].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
[Landlord Name] [Tenant Name]
[Landlord Signature] [Tenant Signature]
As you can see from the sample agreement, a room rent lease agreement should be as detailed and comprehensive as any other type of lease agreement. By taking the time to craft a solid agreement, you`ll be able to protect both yourself and your tenant, and ensure a successful rental relationship.
