Filling out Residential Lease for a Successful Rent
Who Needs Residential Lease?
Residential lease is a common form used when renting property. It is also referred to as residential renting contract or house lease agreement. Whatever name it has its meaning doesn’t change. Residential lease is used by the landlord and a tenant. This form is worked out by the Kentucky Real Estate Commission.
What is Residential Lease for?
Residential lease aims to make leasing or renting out property official. It is a legally binding document that specifies lease terms and conditions and outlines responsibilities of the parties involved in the process. Residential lease is also made to help both parties avoid conflicts down the line.
Is Residential Lease Accompanied by Other Forms?
Residential lease does not require additional documents unless otherwise is specified by the landlord. In fact, all information necessary to rent out property is outlined in the agreement.
When is Residential Lease due?
A landlord and a tenant identify the due date for the agreement. However, a tenant should carefully read the lease before they actually move in .
How Do I Fill out Residential Lease?
Residential lease is rather self-explanatory form. It contains 5 pages and lists all the lease conditions. A tenant is supposed to provide their name, address, put their signature and date when the lease was made. A landlord should provide detailed information about the property, specify monthly payment a tenant is going to pay and identify the due date of the agreement. Residential lease also contains such information as premises, security deposit, late charges, utilities, etc.
Where Do I Send Residential Lease?
Send the completed residential lease to the landlord.