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Download free lease agreement template in PDF format.
Free Lease Agreement Template: Where and What to Look For
Do you need a lease agreement template that you can use time and time again to construct contracts for your various renters? Would it be nice if there was a template like that available—one that was absolutely free of cost? If you answered yes to both of these questions, the following information may be very useful. Here we will show you some places you can look to find a free lease agreement template and show you what to look for in that template to ensure it will be legal and suit your purposes.
Free Lease Agreement Template: What Is It and Where to Look
A lease agreement template is a pre-made form that you can both print out and later fill in the details by hand or you can complete the form right from the computer and later print it out with all the details, ready to sign. The lease agreement is a valuable document when renting out properties, as it covers all the rights and responsibilities of both landlord and tenant and the consequences for not honoring them. Without a lease agreement, neither party would have any legal recourse if the terms of the rental contract were broken.
The explosion of the Internet has made many of these lease agreement forms readily available online, and sometimes the forms are offered at no cost to you. This can be a real bonus, saving you both time and money, but where do you look? Believe it or not there are several sites that offer these forms—some better than others—and usually a search query using the keywords “free lease agreement template” will uncover hundreds, if not thousands of results. However, you need to be careful when choosing a template, because not all these forms are alike and you want one that will suit your unique purpose. Some of the more reputable sites are those that specialize in either business or legal forms and offer their templates as a courtesy service among colleagues.
What to Look for in Free Lease Agreement Template
The fact that you’ve found a template free of cost is wonderful, but if it doesn’t contain all the necessary information that will make it legally binding it’s basically worthless to you. To ensure that it does meet the legal requirements, it should contain, at minimum, space for the following information:
- Landlord and tenant name and contact information (address, telephone number, etc.)
- Space to enter in the span of the lease agreement (6-months, 1 year, etc.)
- Amount of monthly rent
- Date the rent is due
- Late fee information if the rent is not paid on time
- Rules for the premises
- Consequences for breaking those rules
- Landlord responsibilities
- Signature and date.
All of the above items must be included in the lease agreement to make it legal, so if you find a free lease agreement template that contains at least those items you are well on your way. Later, you can customize the template to suit your individual situation, adding a logo perhaps or entering in static information that will always remain the same, such as the landlord’s information and property address.