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An apartment rental agreement is an agreement entered into between the tenant and the management of the apartment complex regarding the rental of a unit. An apartment rental agreement includes important information such as the names of the tenants, the length of the rental term, the amount of rent, when rent is due, the deposit amounts, how long guests can stay, the use of common facilities, how to request maintenance, and may list other obligations of the tenant and the management. The apartment rental agreement should be signed and dated by a management representative and the tenant. Both parties should keep a copy of it.
An apartment rental agreement may be a legally binding agreement between a tenant and the management of an apartment complex regarding the rental of an apartment unit. Usually an apartment rental agreement will include the name of the tenant and the management company, the address for the unit, the amount of the rent, when rent is due, accepted forms of payment for rent, deposit amounts (including pet deposit), whether pets are allowed, the types of acceptable pets, use of common facilities, hours for the office, how to request maintenance, the length of the rental agreement, and any other obligations the tenant and management will have.
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Alternate Names:
An apartment rental agreement outlines the agreement between the apartment complex management and the tenant on the obligations associated with renting the unit.
You should use an apartment rental agreement to outline the relationship between the management of the complex and the tenant when it comes to renting a specific apartment unit.
Anyone who is looking to rent out an apartment unit to another person should use a written apartment rental agreement.
Should I use a written apartment rental agreement if I'm just renting out a basement or garage apartment?
Yes. Although most states support oral leases, a written apartment rental agreement can be beneficial for you and your tenant. It explains the duties of both you and the tenant. It can also be helpful if a legal dispute arises.