An apartment lease agreement is a rental contract designed specifically for renting out single units within a larger apartment building. A property manager or landlord will use the same rental agreement for all tenants, with slight modifications made depending on the unit, length of stay, and the terms and conditions.
Follow the steps below to form a binding apartment lease contract with a tenant:
The first step involves identifying the parties; the names of both landlord and tenant and the landlord’s mailing address should be provided. This is the address the tenant will use to mail any notices, rent payments, fees, and more.
In addition to the parties, the landlord will need to enter the full address of the apartment (including the unit number). This is where all notices and other documents should be sent (unless the tenant specifies otherwise in step 3).
Arguably, the two most important sections in a rental agreement are the rent amount the tenant will pay on a regular basis and the term of the agreement. The landlord has two (2) options when it comes to the lease term:
In regards to the rent payments and other fees, the landlord will need to enter the following:
In addition to the basic information covered above, the landlord will need to cover the specifics of the contract, which include the following:
The section titled “additional terms and conditions” gives the landlord the option to enter any rules or notes that aren’t already included in the lease. This can include guidelines on using a certain amenity (such as a shared pool), restrictions on cannabis or other substances, or instructions on moving in or out. As long as the landlord doesn’t include anything that can be deemed as discrimination (or anything that breaks the state’s landlord-tenant laws), it can be included.
The parties must sign the apartment lease agreement once all the fields have been completed. This can be accomplished by printing out the agreement and signing it by hand, or by using eSign to digitally sign the document. In this case, once all signatures have been inscribed, the parties will have a signed and completed lease agreement emailed to them automatically.