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VIRGINIA RESIDENTIAL MONTH-TO-MONTH LEASE 1. PARTIES Landlord: Name of individual owner or business: Street Address: Mailing Address: (if different)Telephone number for regular business hours: Telephone
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How to fill out model residential lease

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How to fill out model residential lease

01
Begin by gathering all the necessary information such as the names and addresses of both the landlord and the tenant, as well as the property address.
02
Start the lease agreement by clearly stating the title 'Residential Lease Agreement'.
03
Include a clause that clearly identifies the parties involved, including their legal names, addresses, and contact information.
04
Specify the term of the lease, including the start and end dates, as well as any provisions for renewal or termination.
05
Clearly outline the rent amount, due date, and acceptable payment methods.
06
Include information on late rent payment penalties, if applicable.
07
Provide details on the security deposit amount, conditions for its return, and any deductions that may be made.
08
Describe the responsibilities of both the landlord and the tenant, including maintenance and repairs.
09
Include provisions for any additional fees or charges, such as utilities or pet fees.
10
Clearly outline the rules and regulations of the property, including any restrictions or limitations on occupancy, pets, or use of common areas.
11
Include clauses for insurance requirements, property inspections, and dispute resolution procedures.
12
Have both parties review and sign the lease agreement, and provide each party with a copy for their records.

Who needs model residential lease?

01
Model residential lease is needed by landlords who wish to rent out their residential properties to tenants.
02
Tenants who are looking to rent a residential property may also need a model residential lease to ensure their rights and responsibilities are clearly outlined.
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