In the past it was always considered wiser to purchase rather than lease a property. However in today’s fluctuating real estate market, that is no longer always the case. Some buyers would rather rent for awhile to check out the neighborhood and make sure that it fits their lifestyle. Others prefer to save themselves the hassle of dealing with home maintenance by letting their landlords take care of everything. Whatever the reason, as a landlord, it’s good to know what to expect when you are preparing to lease property. That’s why it’s a good idea to use a lease agreement template. Here are some examples of different lease templates you might use along with when and why to use them.
Apartment
A lease agreement template for an apartment should include the following fields:
- Names of landlord and tenant
- Address of apartment
- Security deposit
- Amount and due date of rent
- Term of lease
- Right to enter
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