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What is a simple lease?
A simple (1 page) lease agreement is a legally binding form used for renting out residential real estate. Unlike a standard residential lease, the form contains the bare-minimum for being an effective lease, foregoing many of the clauses found in standard leases.
How do you write a simple lease agreement?
Name the parties. A simple rental agreement form needs to name the parties signing the lease and where they live.
Describe the premises.
Define the term of the lease.
Set how much rent is owed.
Assign a security deposit amount.
Finalize the lease.
Can you create your own rental agreement?
If you are a landlord who is looking to write up a rental agreement, then you don't need to spend $250 an hour at your local lawyers office to get a contract written up. You can write up a rental agreement from your own home.
Is a handwritten lease agreement legally binding?
As long as the contract spells out specific details and both parties have signed that they agree to the contract's terms, a handwritten contract is legally binding and enforceable in court.