[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page-\u002Fcategories\u002Flandlord-and-tenant\u002Flease-with-option-to-purchase":3},{"type":4,"data":5},"product",{"product_name":6,"slug":7,"category_slug":8,"order_type":9,"product_version_slug":10,"preview":11,"is_previewable":12,"related_products":13,"related_articles":39,"breadcrumbs":72,"productName":6,"productDescription":-1,"productVersionSlug":10,"localeId":-1,"landerSlug":7,"categorySlug":8,"_cmsSource":78,"hero":79,"quickLinks":84,"page_body":97,"meta_information":216,"sidebar_ad":221,"disclaimer":82,"stateSlug":81},"Lease with Option to Purchase","lease-with-option-to-purchase","landlord-and-tenant","Document","lwop-8590","      <center><p class='title center'><strong>RESIDENTIAL LEASE AGREEMENT FOR _____________________<\u002Fstrong><\u002Fp><\u002Fcenter><br \u002F><br \u002F>    <p>This RESIDENTIAL LEASE AGREEMENT FOR <span style='background: #BBBBBB;'>_____________<\u002Fspan> (hereinafter the <strong>"Agreement"<\u002Fstrong>) is entered into on ______________________, by and between <span style='background: #BBBBBB;'>_____________<\u002Fspan> (hereinafter <strong>"Landlord"<\u002Fstrong>) and  (hereinafter <strong>"Tenant"<\u002Fstrong>) (Each a <strong>"Party"<\u002Fstrong> to this Agreement and collectively the <strong>"Parties"<\u002Fstrong>).<\u002Fp>  <p><strong>WITNESSETH:<\u002Fstrong><\u002Fp>  <p><strong>WHEREAS,<\u002Fstrong> Landlord manages certain real property situated at <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan> (hereinafter referred to as the <strong>"Premises"<\u002Fstrong>). Landlord's business address is <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan>.<\u002Fp>  <p><strong>WHEREAS,<\u002Fstrong> The Parties desire that Tenant rent the Premises from Landlord upon the terms and conditions as contained herein;<\u002Fp>  <p><strong>NOW, THEREFORE,<\u002Fstrong> for and in consideration of the covenants and obligations contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto hereby agree as follows:<\u002Fp>  <ol>    <li><strong>TERM.<\u002Fstrong> This Agreement is for the renting of the above-described Premises  Tenant may take possession prior to the beginning of the term only upon receiving prior consent from Landlord.<\u002Fli>    <li><strong>RENT.<\u002Fstrong> Tenant agrees to pay Landlord rent in the amount of  due  The first rental payment will be due on <span style='background: #BBBBBB;'>_____________<\u002Fspan>.  All rental payments will be made as set forth below on or before the due date and without notice, demand, setoff, or abatement. Please be advised that any payments lost in the mail or otherwise late by no fault of Landlord will be treated as if unpaid until received. Landlord will receive any payments due under this Agreement at the following location(s):      <br>      <br>          <\u002Fli>    <li><strong>PAYMENT METHODS ACCEPTED.<\u002Fstrong> Landlord reserves the right to change the payment methods accepted at any time by giving notice to Tenant. Landlord accepts payment of any amounts that may become due under this Agreement by the following methods of payment:<\u002Fli>    <ol>          <\u002Fol>            <li><strong>KEYS.<\u002Fstrong> Landlord may charge Tenant a reasonable, nonrefundable lost key fee for each key lost by Tenant that Landlord must replace during or at the termination of the tenancy.<\u002Fli>    <li><strong>KEEPING ANIMALS.<\u002Fstrong> Tenant may not keep any animals on the Premises without Landlord's prior written consent. Any nonrefundable pet fee received by Landlord, if applicable, will be used upon the termination or expiration of this Agreement for the purposes of cleaning or repairing damage caused by a pet in the unit or Common Areas of the Premises. The rules in this paragraph may be changed at a later time by written agreement between Landlord and Tenant.<\u002Fli>              <li><strong>SMOKING POLICY.<\u002Fstrong> No smoking of any substance is allowed on the Premises without Landlord's prior written consent. Smoking in Common Areas is permitted only if posted signage creating designated smoking areas is present.<\u002Fli>                    <li><strong>CONDITION AND USE OF PREMISES; OCCUPANTS.<\u002Fstrong> Tenant represents and warrants that Tenant has examined the Premises and, at the time of this Agreement, found them to be in good order, repair, and in a safe, clean, and tenantable condition. The Premises may only be used and occupied by Tenant as a private single family dwelling, and no part of the Premises may be used at any time during the term of this Agreement by Tenant for the purpose of carrying on any commercial enterprise without Landlord's prior written consent. Tenant may not allow any person who is not Tenant or Tenant's immediate family member to stay upon the Premises for more than 10 days per month without written consent of Landlord. Tenant may not use the Premises for any unlawful or hazardous activities. Tenant must comply with any and all laws, ordinances, rules, and orders of all governmental authorities affecting the use and occupancy of the Premises.<\u002Fli>    <li><strong>ASSIGNMENT, SUB-LETTING, AND RELEASE.<\u002Fstrong> Tenant may not assign this Agreement or sub-let or grant any license to use the Premises or any part thereof without the prior written consent of Landlord. Consent by Landlord to one such assignment, sub-letting, or license will not be deemed to be consent to any subsequent assignment, sub-letting, or license. An assignment, sub-letting, or license without the prior written consent of Landlord or an assignment or sub-letting by operation of law will be absolutely null and void and will, at Landlord's option, terminate this Agreement.<\u002Fli>    <li><strong>ALTERATIONS AND IMPROVEMENTS.<\u002Fstrong> Tenant will make no alterations to the buildings or improvements on the Premises or construct any building or make any other improvements on the Premises without the prior written consent of Landlord.<\u002Fli>    <li><strong>NON-DELIVERY OF POSSESSION.<\u002Fstrong> In the event Landlord cannot deliver possession of the Premises to Tenant upon the commencement of the rental term, through no fault of Landlord or its agents, then Landlord or its agents will have no liability, but the rental payments herein provided will abate until possession is given. Landlord or its agents will have 30 days to give possession, and if possession is tendered within such time, Tenant agrees to accept the demised Premises and pay the rent due starting from the date possession is tendered. In the event that possession cannot be delivered within such time, through no fault of Landlord or its agents, then this Agreement and all rights hereunder will terminate.<\u002Fli>    <li><strong>TENANT CONDUCT AND RESPONSIBILITIES.<\u002Fstrong> Unless otherwise stated, Tenant will, at its sole expense, keep and maintain the Premises in good and sanitary condition and repair during this Agreement and any renewal thereof. Excessive damage to the Premises by Tenant, invitees, agents, or guests is grounds for Landlord to evict Tenant. Tenant's responsibilities include, without limitation, the following items, and any departure therefrom requires Landlord's prior written consent:<\u002Fli>    <ol>      <li>Keeping all windows, glass, window coverings, doors, locks and hardware in good, clean order and repair<\u002Fli>      <li>Not building any fires or using grills on the Premises except in areas designated for such purposes by Landlord<\u002Fli>      <li>Not obstructing or covering the windows or doors<\u002Fli>      <li>Not tampering or disabling any smoke detectors installed on the Premises, and contacting Landlord for instructions on how to proceed should any smoke detectors become disabled or need new batteries<\u002Fli>      <li>Not altering, rekeying, or installing any locks on the Premises, or painting or wallpapering the Premises<\u002Fli>      <li>Not using or possessing any liquid-filled furniture, including, but not limited to, waterbeds and aquariums, on the Premises<\u002Fli>            <li>Not permitting waste matter of any kind to accumulate on the Premises or in the Common Areas<\u002Fli>      <li>Keeping all air conditioning filters on the Premises clean and free from dirt and debris<\u002Fli>      <li>Keeping all lavatories, sinks, toilets, and all other water and plumbing apparatus in good order and repair and using the same only for the purposes for which they were constructed<\u002Fli>      <li>Maintaining order at all times and at all places on the Premises and Common Areas, and not making or permitting others to make any loud or improper noises, disturb other tenants, or otherwise create a nuisance by interfering with the quiet enjoyment of other tenants or those in the surrounding area<\u002Fli>      <li>Notifying Landlord of any damage or of any situation that may significantly interfere with the normal use of the Premises or property furnished by Landlord<\u002Fli>      <li>Keeping all radios, television sets, stereos, etc., turned down to a level of sound that does not annoy or interfere with other tenants or persons on adjacent properties<\u002Fli>      <li><strong>Making all requests concerning security devices in writing<\u002Fstrong><\u002Fli>      <li>Abiding by any and all rules and regulations affecting the Premises or the Common Areas appurtenant thereto that may be adopted or promulgated by Landlord or other entity having authority over the Property<\u002Fli>    <\u002Fol>            <li><strong>MAINTENANCE AND REPAIR; LANDLORD RESPONSIBILITIES.<\u002Fstrong> In addition to any responsibilities required by law, Landlord agrees to maintain the Premises in a safe and habitable condition; facilitate making any repairs required in order for the Premises to be in compliance with applicable housing codes, with such costs being borne by Landlord unless the repairs were necessitated by the negligence or intentional acts of Tenant; and maintain, repair, and replace, whenever necessary, the heating, plumbing, air conditioning, and electrical systems of the Common Areas.<\u002Fli>          <li><strong>TENANT'S RIGHT TO WITHHOLD RENT; OTHER REMEDIES.<\u002Fstrong> Where a repair is the responsibility of Landlord, Tenant must notify Landlord with a written notice stating what item needs servicing or repair. Tenant must give Landlord a reasonable opportunity to service or repair said item. Tenant acknowledges that rent will not be withheld unless a written notice has been served on Landlord at the appropriate location, giving Landlord a reasonable time to fix said item, and Tenant has otherwise complied with all applicable procedures required under state law. Under no circumstances may Tenant withhold rent unless said item constitutes a substantial breach of the warranty of habitability. Reasonable notice will in no case be less than 30 days, but in emergency situations, Tenant will provide notice as soon as possible. Tenant may have other remedies available when Landlord fails to repair a problem that materially affects the physical health or safety of an ordinary tenant. These rights include the right to repair and deduct; terminate the Agreement; and obtain a judicial order that Landlord make the repair, reduce the rent, pay Tenant damages (including a civil penalty), and pay Tenant's court and attorney's fees.<\u002Fli>        <li><strong>INSURANCE.<\u002Fstrong> It is acknowledged that, unless otherwise noted, Landlord does not maintain insurance to cover Tenant's personal property damage or loss caused by fire, theft, rain, water overflow\u002Fleakage, acts of God, and\u002For any other causes. Landlord is not responsible for any loss or damage to property owned by Tenant or Tenant's guests or invitees unless resulting from Landlord's intentional or negligent acts. It is acknowledged that Landlord highly recommends that Tenant carry renter's insurance for fire, extended coverage, and liability to cover accidental injury and damage or loss of personal property and\u002For vehicle due to fire or theft.<\u002Fli>    <li><strong>ENTRY OF PREMISES.<\u002Fstrong> Landlord and Landlord's agents will have the right at all reasonable times during the term of this Agreement, and any renewal thereof, to enter the Premises for the purposes of making any inspections, repairs, or improvements as may be deemed appropriate by Landlord or required by law; to supply agreed services; in order to show it to prospective residents, purchasers, or lenders; to address an emergency; or as provided otherwise herein. Tenant agrees to make the Premises available to Landlord or Landlord's agents for such purposes. At all times Landlord must be provided with the keys, codes, or other items necessary for unlocking all locks and devices permitting entry. Tenant further agrees to seek permission from Landlord in writing if Tenant seeks to install any security or burglar alarm system and, if granted, to provide instructions on how to disarm such systems in case an emergency entry is required.<\u002Fli>    <ol>      <li><strong>Notice Required.<\u002Fstrong> No advance notice is required for entry if Tenant requests maintenance, repairs, or improvements. In the event that Landlord reasonably believes that an emergency exists, such as a fire or serious damage or serious danger to the continued welfare of the Premises, or reasonably believes that the Premises has been abandoned, Landlord will not be required to provide Tenant with advanced notice before entering the property. In all other situations, Landlord is required to provide reasonable written notice in compliance with state law prior to entry.<\u002Fli>    <\u002Fol>    <li><strong>SUBORDINATION OF AGREEMENT.<\u002Fstrong> This Agreement and Tenant's interest hereunder are and will be subordinate, junior, and inferior to any and all mortgages, liens, or encumbrances now or hereafter placed on the Premises by Landlord.<\u002Fli>    <li><strong>TERMINATION; TENANT'S HOLD OVER.<\u002Fstrong> Either Landlord or Tenant may terminate this tenancy by serving the appropriate amount of notice in compliance with state law. Failure of Tenant to provide appropriate written notice to terminate this tenancy will result in Tenant's continuing obligation under this Agreement for an additional period.<\u002Fli>    <li><strong>SURRENDER OF PREMISES.<\u002Fstrong> Upon the termination or expiration of the Agreement, Tenant must surrender the Premises in the same state and condition as they were at the commencement of this Agreement, except that Tenant will not be responsible for damage due to reasonable wear and damage by fire, the elements, casualty, or other cause not due to the misuse or neglect by Tenant or Tenant's invitees, visitors, licensees, or subtenants. Landlord may keep all abandoned property left behind by Tenant or remove such property at Tenant's expense.<\u002Fli>    <li><strong>RENT AND OTHER ADJUSTMENTS TO THE AGREEMENT.<\u002Fstrong> Landlord expressly reserves the right to modify the amount of the rental payments or any other term of this Agreement upon properly serving Tenant with thirty (30) days' advance written notice, except where explicitly prohibited by law. If Landlord pays a local tax based on rent and that tax increases, Landlord may pass through the increase by increasing the rent upon thirty (30) days' notice to Tenant, but not before the new tax becomes effective.<\u002Fli>    <li><strong>QUIET ENJOYMENT.<\u002Fstrong> If Tenant remains in compliance with the terms of this Agreement, Landlord covenants that Tenant will peacefully and quietly have, hold, and enjoy the Premises. <strong>Note:<\u002Fstrong> Landlord promises to notify Tenant in the event that Landlord has applied for a permit to demolish the rental unit or in the event there are outstanding inspection orders, condemnation orders, foreclosure proceedings, or declarations that the Property is unfit.<\u002Fli>    <li><strong>INDEMNIFICATION.<\u002Fstrong> Landlord will not be liable and Tenant hereby waives all claims against Landlord for any damage to any property or any injury in or about the Premises by or from any cause whatsoever, except to the extent caused by or arising from the gross negligence or willful misconduct of Landlord or its agents, employees, or contractors. Tenant will protect, indemnify, and hold Landlord entities harmless from and against any and all loss, claims, liability, or costs (including court costs and attorney's fees) incurred by reason of (a) any damage to any property or any injury occurring in, on, or about the Premises to the extent that such injury or damage is caused by or arise from any act or omission of Tenant, its agents, servants, invitees, or visitors; (b) Tenant's failure to comply with any and all governmental laws, ordinances, and regulations applicable to the condition or use of the Premises or its occupancy; or (c) any breach or default on the part of Tenant in the performance of this Agreement. The provisions of this paragraph will survive the termination of this Agreement with respect to any claims or liability accruing prior to such termination.<\u002Fli>    <li><strong>ATTORNEY'S FEES; JURY TRIALS.<\u002Fstrong> In the event any dispute arises between Landlord and Tenant concerning this Agreement that results in litigation, the losing Party will pay the prevailing Party's reasonable attorney's fees and court costs, which will be determined by the court and made a part of any judgment.<\u002Fli>    <li><strong>REIMBURSEMENT.<\u002Fstrong> If Tenant fails or refuses to comply with any of the terms and conditions of this Agreement, Landlord may carry out and perform such conditions at the cost and expense of Tenant, which amounts will be payable on demand to Landlord.<\u002Fli>    <li><strong>LIENS.<\u002Fstrong> If any liens are created or filed against the Premises by reason of labor performed or materials furnished for Tenant on the Premises, Tenant will upon demand, at Tenant's own cost and expense, cause such lien to be satisfied and discharged of record together with any lien claims that may have been filed. Failure to do so will entitle Landlord to resort to such remedies as are provided herein in the case of any default of this Agreement, in addition to such as are permitted by law.<\u002Fli>    <li><strong>DEFAULT.<\u002Fstrong> If Landlord determines that Tenant is in default of this Agreement, Landlord will provide Tenant with the appropriate written eviction notice as specified under state law and under which Tenant may have a limited number of days to cure the default unless otherwise excepted.<\u002Fli>    <li><strong>NON-WAIVER OF RIGHTS.<\u002Fstrong> Landlord's failure to require compliance with the conditions of this Agreement, or to exercise any right provided herein, will not be deemed a waiver by Landlord of such condition or right. Landlord's acceptance of rent with knowledge of any default under agreement by Tenant will not be deemed a waiver of such default, nor will it limit Landlord's rights with respect to that or any subsequent right.<\u002Fli>    <li><strong>EXTENDED ABSENCE.<\u002Fstrong> Tenant must notify Landlord of an anticipated extended absence from the Premises that will be in excess of seven days; however, the notice may be given as soon as reasonably possible after Tenant knows the absence will exceed seven days.<\u002Fli>    <li><strong>ABANDONMENT; EVICTION.<\u002Fstrong> If at any time during the term of this Agreement Tenant abandons the Premises or any part thereof, or if Tenant is evicted, Tenant will remain liable for any loss of rent for the remainder of the rental term, and Landlord may, at Landlord's option, obtain possession of the Premises in the manner provided by law without becoming liable to Tenant for damages or for any payment of any kind whatsoever. At this point, Landlord may pursue any remedies available at law, include re-letting the Premises for the remainder of the then unexpired term.<\u002Fli>                  <li><strong>BED BUG PREVENTION.<\u002Fstrong> This paragraph is meant to provide Tenant with educational information on bed bugs and their prevention. Bed bugs are small insects that feed on human blood. They do not transmit diseases, but their bites can leave itchy red welts on their victims. Adult bed bugs appear reddish-brown and have a flattened, oval shape about the size of an apple seed. To prevent bed bugs you should always inspect furniture, clothing, and mattresses before bringing them into your home or when returning from a trip, and wash them if you think they might have bed bugs. While it helps to cover mattresses in plastic, bed bugs are difficult to remove. Therefore, consult a licensed pest control company to help you remove them. Do not attempt yourself to use any toxic chemicals inside the unit. You should promptly notify Landlord if you think you have a bed bug problem in the unit. Landlord can help point you to additional information and help you locate a suitable pest control company. Unless contrary to state or local law or otherwise agreed in writing, Tenant agrees to pay the cost of hiring a pest control company for bed bug removal.<\u002Fli>                <li><strong>NOTICE.<\u002Fstrong> Any notice, service of process, or demands required or permitted under this Agreement or under law will be deemed sufficiently given or served if sent by United States certified mail, return receipt requested, addressed as follows:      <br>      <br>      <strong>IF TO LANDLORD SEND TO:<\u002Fstrong>      <br>      <span style='background: #BBBBBB;'>_____________<\u002Fspan>      <br>      <span style='background: #BBBBBB;'>_____________<\u002Fspan>      <br>      <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan>      <br>      <br>      <strong>IF TO TENANT SEND TO:<\u002Fstrong>            <br>      Landlord and Tenant each have the right from time to time to change the place of notice by giving the other Party written notice of this change. Tenant must immediately notify Landlord or manager of the Premises in person or at above address of any emergencies, dangerous conditions, or defects in and about the Premises of which Tenant becomes aware.<\u002Fli>    <li><strong>TELEPHONE NUMBERS.<\u002Fstrong> Tenant agrees to notify Landlord within five calendar days of any change in Tenant's telephone number.                      <\u002Fli>    <li><strong>GENERAL TERMS<\u002Fstrong><\u002Fli>    <ol>      <li><strong>Entire Agreement.<\u002Fstrong> Tenant expressly acknowledges and agrees that Landlord has not made and is not making, and Tenant in executing and delivering this Agreement is not relying upon, any warranties, representations, promises, or statements, except to the extent that they are expressly set forth in this Agreement. It is understood and agreed that all understandings and agreements of the Parties are merged into this Agreement, which alone fully and completely expresses their agreements. <\u002Fli>      <li><strong>Survival of Tenant's Obligations.<\u002Fstrong> All of Tenant's obligations and covenants arising by or during the term of this Agreement and that are not fulfilled at the termination of this Agreement will survive the termination of this Agreement.<\u002Fli>      <li><strong>Modification.<\u002Fstrong> The Parties hereby agree that this document contains the entire agreement between the Parties and this Agreement may not be modified, changed, altered, or amended in any way except through a written amendment signed by all of the Parties hereto.<\u002Fli>      <li><strong>Severability.<\u002Fstrong> If any provision of this Agreement or the application thereof is held, for any reason and to any extent, invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities, or circumstances will be affected thereby, but instead must be enforced to the maximum extent permitted by law.<\u002Fli>      <li><strong>Cumulative Rights.<\u002Fstrong> Landlord's and Tenant's rights under this Agreement are cumulative and will not be construed as exclusive of each other unless otherwise required by law.<\u002Fli>      <li><strong>Joint and Several Liability.<\u002Fstrong> If more than one person signs this Agreement, then the liability of the persons so signing will be joint and several. The language "joint and several" means that if more than one person has signed this Agreement, then each of these persons individually and all of these persons collectively are fully responsible for fulfilling all of the obligations of this Agreement, except where expressly otherwise agreed between Landlord and Tenant.<\u002Fli>      <li><strong>Binding Effect.<\u002Fstrong> The covenants, obligations, and conditions herein contained will be binding on and inure to the benefit of the heirs, legal representatives, and assigns of the Parties hereto. The obligations of Landlord under this Agreement will not be binding upon Landlord named herein with respect to any period subsequent to the transfer of Landlord's interest in the Premises as owner or lessee thereof, and in event of such transfer said obligations will thereafter be binding upon each transferee of the interest of Landlord.<\u002Fli>      <li><strong>Governing Law.<\u002Fstrong> This Agreement will be governed, construed, and interpreted by, through, and under the laws of the State of <span style='background: #BBBBBB;'>_____________<\u002Fspan>.<\u002Fli>      <li><strong>Descriptive Headings.<\u002Fstrong> The descriptive headings used herein are for convenience of reference only and they are not intended to have any effect whatsoever in determining the rights or obligations of Landlord or Tenant.<\u002Fli>      <li><strong>Constructions.<\u002Fstrong> The pronouns used herein include, where appropriate, either gender or both, singular and plural. The terms "Landlord" and "Tenant" include the singular as well as the plural.<\u002Fli>      <li><strong>Non-Waiver.<\u002Fstrong> No indulgence, waiver, election, or non-election by Landlord under this Agreement will affect Tenant's duties and liabilities hereunder.<\u002Fli>      <li><strong>Time of Essence.<\u002Fstrong> Time is of the essence for this Agreement.<\u002Fli>      <li><strong>Force Majeure.<\u002Fstrong> Performance of any obligation under this Agreement by any Party will be excused for the duration of any event or circumstance causing a delay in performance through no fault of the obliged Party, including, without limitation, war; reasonably unforeseen supply shortages; changes in law or regulation; strikes; riots; lock-outs; labor troubles; power outages caused by weather or third parties; and natural events, such as blizzards, torrential rain, or tornadoes.<\u002Fli>      <li><strong>Counterparts; Electronic Signature.<\u002Fstrong> This Agreement may be executed in counterparts, including by fax, email, or other facsimile, each an original but all considered part of one Agreement. Electronic signatures placed upon counterparts of this Agreement by a Party or their approved agent will be considered valid representations of that Party's signature.<\u002Fli>    <\u002Fol>      <\u002Fol>  <p><strong>Each Party acknowledges that it has read and understood all the terms of this Agreement and hereby agrees to be bound thereby, including any attached schedules, exhibits, or addendums. Tenant further acknowledges that it was under no duress in signing this Agreement and had full opportunity to negotiate the terms contained herein and to consult independent counsel.<\u002Fstrong><\u002Fp>    <br>  <p><strong>LANDLORD:<\u002Fstrong><\u002Fp>  <p>Print: <span style='background: #BBBBBB;'>_____________<\u002Fspan> <\u002Fp>  <p>Sign: ___________________________________  Date: ______________<\u002Fp>  <p><strong>TENANT:<\u002Fstrong><\u002Fp>    <div class='-page-break'><\u002Fdiv>  <center><p class='title center'><strong>SCHEDULE A - LEAD-BASED PAINT DISCLOSURE<\u002Fstrong><\u002Fp><\u002Fcenter><br \u002F><br \u002F>  <p>This SCHEDULE A - LEAD-BASED PAINT DISCLOSURE is hereby incorporated into the RESIDENTIAL LEASE AGREEMENT FOR <span style='background: #BBBBBB;'>_____________<\u002Fspan> entered into on ______________________, by and between <span style='background: #BBBBBB;'>_____________<\u002Fspan> (hereinafter <strong>"Landlord"<\u002Fstrong>) and  (hereinafter <strong>"Tenant"<\u002Fstrong>) and associated with the real property situated at <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan>. All terms used herein are defined according to the Agreement.<\u002Fp>  <p><strong>WARNING! LEAD FROM PAINT, DUST, AND SOIL CAN BE DANGEROUS IF NOT MANAGED PROPERLY. Penalties for failure to comply with Federal Lead-Based Paint Disclosure Laws include treble (three times) damages, attorney's fees, costs, and a base penalty up to $11,000 (plus adjustment for inflation). The current penalty is up to $16,000 for each violation. <\u002Fstrong><\u002Fp>  <center><p class='center'><strong>Disclosure for Target Housing Rentals and Leases Disclosure of Information on Lead-Based Paint and\u002For Lead-Based Paint Hazards<\u002Fstrong><\u002Fp><\u002Fcenter>  <center><p class='center'><strong>Lead Warning Statement<\u002Fstrong><\u002Fp><\u002Fcenter>  <p>Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing, Landlords must disclose the presence of known lead-based paint and\u002For lead-based paint hazards in the dwelling. Tenants must also receive a federally approved pamphlet on lead poisoning prevention. <\u002Fp>  <center><p class='center'><strong>Landlord's Disclosure to Tenant and Real Estate Licensee(s) and Acknowledgment<\u002Fstrong><\u002Fp><\u002Fcenter>  <p>1. Landlord acknowledges that Landlord has been informed of Landlord's obligations. Landlord is aware that Landlord must retain a copy of this disclosure for not less than three years from the commencement of the leasing or rental period. <\u002Fp>  <p>2. Presence of lead-based paint and\u002For lead-based paint hazards (check one box below):<\u002Fp>  <p>□ Landlord has no knowledge of lead-based paint and\u002For lead-based paint hazards in the housing. <\u002Fp>  <p>□ Landlord has knowledge of lead-based paint and\u002For lead-based paint hazards present in the housing (explain): <\u002Fp>  <p>________________________________________________________________________<\u002Fp>  <p>________________________________________________________________________.<\u002Fp>  <p>3. Records and reports available to Landlord (check one box below): <\u002Fp>  <p>□ Landlord has no reports or records pertaining to lead-based paint and\u002For lead-based paint hazards in the housing. <\u002Fp>  <p>□ Landlord has provided Tenant with all available records and reports pertaining to lead-based paint and\u002For lead-based paint hazards in the housing (list documents below): <\u002Fp>  <p>________________________________________________________________________<\u002Fp>  <p>________________________________________________________________________.<\u002Fp>  <p><strong>Tenant's Acknowledgment<\u002Fstrong><\u002Fp>  <p>4. Tenant has read the Lead Warning Statement above and understands its contents.<\u002Fp>  <p>5. Tenant has received the pamphlet "Protect Your Family From Lead in Your Home," or has access to it online at http:\u002F\u002Fwww.fsa.usda.gov\u002FInternet\u002FFSA_File\u002Fpfflinyhbrochure.pdf. <\u002Fp>  <p><strong>Real Estate Licensee's Acknowledgment <\u002Fstrong><\u002Fp>  <p>Each real estate licensee signing below acknowledges receipt of the above Landlord's disclosure, has informed Landlord of Landlord's obligations and is aware of licensee's responsibility to ensure compliance. <\u002Fp>  <p><strong>LANDLORD:<\u002Fstrong><\u002Fp>  <p>Print: <span style='background: #BBBBBB;'>_____________<\u002Fspan> <\u002Fp>  <p>Sign: ___________________________________  Date: ______________<\u002Fp>  <p><strong>TENANT(S):<\u002Fstrong><\u002Fp>    <div class='-page-break'><\u002Fdiv>      <center><p class='title center'><strong>Instructions for Your Residential Lease Agreement<\u002Fstrong><\u002Fp><\u002Fcenter><br \u002F><br \u002F>    <p>Our <a href="https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flease-agreement" target="_blank">residential lease agreement<\u002Fa> offers the best protection for landlords available on the web. This form contains everything you need to quickly and effectively execute a strong agreement. The following instructions provide an overview of some of the key provisions of the agreement.<\u002Fp>  <p><strong>Fixed-Term vs. Periodic Tenancy<\u002Fstrong><\u002Fp>  <p>When completing the agreement, you will be given the choice between creating a fixed-term or a periodic tenancy agreement. A <a href="https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flandlord-and-tenant\u002Flease-agreement#what-is-the-difference-between-a-lease-and-a-rental-agreement" target="_blank">fixed-term tenancy<\u002Fa> is simply a tenancy agreement that states that it will end on a specific date in the future, usually about six months or a year from the start of the tenancy. A periodic tenancy has no set end date and usually continues from month to month until one of the parties chooses to terminate the tenancy.<\u002Fp>  <p>Many states provide fixed-term tenants different rights than periodic tenants. This most commonly impacts the tenant's rights upon <a href="https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Flease-agreement\u002Fwhat-happens-when-you-need-to-break-your-lease" target="_blank">terminating the agreement<\u002Fa> or being evicted. The proper procedure for canceling a fixed-term or periodic tenancy depends on the terms of the agreement and state law. If you choose to create a fixed-term tenancy, this agreement states that the tenant must provide 30 days' notice of his or her intent not to renew the agreement when it expires.<\u002Fp>  <p>For fixed-term tenancies, the agreement will automatically expire at the end of the term. If the tenant holds over by staying on the premises and the landlord does not notify the tenant to vacate the unit when the agreement ends, then the agreement will convert to a periodic tenancy and continue on a <a href="https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Fmonth-to-month-leases\u002Fthe-benefits-of-a-month-to-month-lease" target="_blank">month-to-month basis<\u002Fa> until terminated.<\u002Fp>  <p>If you choose a periodic tenancy, then either the landlord or the tenant may terminate the agreement by serving the appropriate amount of notice in compliance with state law, which is usually 30 days' notice.<\u002Fp>    <p><strong>Rental Payments<\u002Fstrong><\u002Fp>  <p>This section of your agreement sets out how often rental payments are due. A monthly payment structure is most common. However, you may also choose for rent to be paid weekly, twice per month, every two months, every six months, or once per year.<\u002Fp>  <p>When specifying the location to where the tenant must make payments, you may add multiple locations as a convenience to the tenant. You may also provide the details for any online payment portal in this section. The same applies when identifying the accepted payment methods. You may allow the tenant to pay via check, cash, direct deposit, wire transfer, credit card\u002Fdebit card, money order, cashier's check, online, or all of the above. You may also add custom payment methods.<\u002Fp>  <p><strong>Security Deposit<\u002Fstrong><\u002Fp>  <p>Even in the absence of a security deposit, tenants are still required to pay for any damage they cause to the property. However, it is recommended that the landlord always require tenants to pay an upfront security deposit equal to at least one month's rent. This will help ensure that the tenant pays for any damage discovered by the landlord at the end of the tenancy and helps avoid costly litigation.<\u002Fp>  <p>The landlord may use the security deposit to repair any damage the tenant causes beyond normal wear and tear to the premises, the common areas, and any furnishings provided by the landlord. "Normal wear and tear" means deterioration that occurs when the premises, or any furnishings provided, are used as intended, without negligence or abuse by the tenant or any of the tenant's guests or subtenants (if permitted).<\u002Fp>  <p><strong>Subletting<\u002Fstrong><\u002Fp>  <p>The tenant may not <a href="https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002F3-tips-for-subleasing-property" target="_blank">sublet<\u002Fa> out the apartment to other occupants without the prior written consent of the landlord. Doing so is grounds for the landlord to terminate the agreement and <a href="https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Fnotice-to-quit\u002F3-fundamental-eviction-rules" target="_blank">pursue eviction<\u002Fa>.<\u002Fp>  <p><strong>Lead-Based Paint Disclosures<\u002Fstrong><\u002Fp>  <p>For properties built before 1978 (i.e. pre-1978 property), federal law requires that the landlord and tenant (and their agents) sign a "Disclosure of Information on Lead-Based Paint," which is included for you. Landlords must keep the signed copy of the "Disclosure of Information on Lead-Based Paint" for at least three years as compliance with the rules. Tenants must also receive the federally approved lead hazard information pamphlet "<a href="https:\u002F\u002Fwww.epa.gov\u002Fsites\u002Fproduction\u002Ffiles\u002F2020-04\u002Fdocuments\u002Flead-in-your-home-portrait-color-2020-508.pdf" target="_blank">Protect Your Family From Lead in Your Home<\u002Fa>" or a similar pamphlet approved for use in your state by the Environmental Protection Agency.<\u002Fp>      <p><strong>State and Local Disclosure Requirements<\u002Fstrong><\u002Fp>  <p>Often, state and local law have <a href="https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fdisclosures-that-landlords-must-make-to-new-tenants" target="_blank">disclosure requirements<\u002Fa> that need to be disclosed before or at the signing of the <a href="https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flandlord-and-tenant\u002Flease-agreement#what-is-the-difference-between-a-lease-and-a-rental-agreement" target="_blank">rental or lease agreement<\u002Fa>. For instance, landlords are often required to disclose serious problems that affect the rental unit's habitability; any housing code violations; mold or flood zone warnings; radon warnings; bed bug, carbon monoxide, and asbestos disclosures; the presence of a methamphetamine laboratory or a flood at the unit prior to the tenant's occupancy; whether the property is located in a military zone; and local rent control rules. When in doubt, it is always best to disclose these and similar issues. Especially if the property is covered by rent control, make sure to research local regulations for required disclosures. These can normally be found on your city or county website or by contacting the office of your mayor, city manager, county administrator, or a locally licensed attorney.<\u002Fp>              <p>We recommend that Landlords provide educational information regarding bed bugs to all prospective Tenants, such as the Environmental Protection Agency brochure, <a href="https:\u002F\u002Fwww.epa.gov\u002Fsites\u002Fproduction\u002Ffiles\u002F2014-02\u002Fdocuments\u002Fbed-bug-prevention-detection-control.pdf" target="_blank">Bed Bug Prevention, Detection and Control<\u002Fa>.<\u002Fp>      <p><strong>Final Steps<\u002Fstrong><\u002Fp>  <p>Once finished completing the agreement, simply have all parties sign and date where indicated. Be sure that all parties get a copy of the agreement to retain for their records.<\u002Fp>  \n\n",true,[14,18,21,24,27,30,33,36],{"product_name":15,"category":16,"link":17},"Late Rent Notice","Landlord and Tenant","\u002Fcategories\u002Flandlord-and-tenant\u002Flate-rent-notice",{"product_name":19,"category":16,"link":20},"Residential Rental Agreement","\u002Fcategories\u002Flandlord-and-tenant\u002Fresidential-rental-agreement",{"product_name":22,"category":16,"link":23},"Month-to-Month Tenant's Termination Letter","\u002Fcategories\u002Flandlord-and-tenant\u002Ftermination-letter-for-month-to-month-tenant",{"product_name":25,"category":16,"link":26},"Rent-to-Own Lease Agreement","\u002Fcategories\u002Flandlord-and-tenant\u002Frent-to-own-lease-agreement",{"product_name":28,"category":16,"link":29},"Notice of Rent Increase","\u002Fcategories\u002Flandlord-and-tenant\u002Fnotice-of-rent-increase",{"product_name":31,"category":16,"link":32},"Lease Agreement","\u002Fcategories\u002Flandlord-and-tenant\u002Fcombined-lease-agreement",{"product_name":34,"category":16,"link":35},"Eviction Notice","\u002Fcategories\u002Flandlord-and-tenant\u002Feviction-notice",{"product_name":37,"category":16,"link":38},"Tenant Repair Request","\u002Fcategories\u002Flandlord-and-tenant\u002Ftenant-repair-request",[40,44,48,52,56,60,64,68],{"title":41,"description":42,"link":43},"The Value of Leasing","Why Buyers Are Looking for Alternatives More and more people have turned to leasing rather than purchasing homes because of the uncertainty associated with the housing market. Even though interest rates are at historical lows, the ability to...","\u002Fguides\u002Fthe-value-of-leasing",{"title":45,"description":46,"link":47},"Leasing and Your Landlord","Legal Relationship The law governing the relationship between landlords and tenants can be quite complicated, even more so depending on the area of the country you live in. Each state has specific laws that govern the rights and duties of...","\u002Fguides\u002Fleasing-and-your-landlord",{"title":49,"description":50,"link":51},"Dangerous Pets, Risky Behavior, and Your Rental Property","Most landlords understand the most common tenant problems; from tenants who paint the walls terrible colors to those with noise problems and even those who skip out on the rent, every landlord has a horror story. The worst issues of all, though, are those that cause legal liabilities or catastrophic damage to your home or property. 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us","block","reviews",{"hideOnMobile":116,"hideOnDesktop":116},{"id":141,"headline":142,"blockName":81,"steps":143,"blockType":159,"visibility":160},"6a15a237f13133005943e9d2","How to create a lease option agreement in 3 steps",[144,149,154],{"id":145,"headline":146,"legacyHtml":147,"illustrationHtml":148},"6a15a237f13133005943e9cf","Gather Information","\u003Cp>Start with gathering basic information about the lease, including party information, when the agreement will begin and end, and rent and security deposit amounts. Also, now is a good time to address any special maintenance or repairs that will be needed for the unit. Consider using a \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flandlord-and-tenant\u002Fresidential-rental-application\" rel=\"follow\">rental application\u003C\u002Fa> to collect this information from your potential tenant or subtenant.\u003C\u002Fp>","\u003Cp>Business Specialist\u003C\u002Fp>\r\n\u003Csvg width=\"339\" height=\"193\" viewBox=\"0 0 339 193\" fill=\"none\" xmlns=\"http:\u002F\u002Fwww.w3.org\u002F2000\u002Fsvg\">\r\n\u003Cpath d=\"M307 113.519C307 141.682 291.529 167.188 258.438 179.568C232.178 189.392 214.533 193.994 167.34 192.821C60.6784 190.17 0 168.839 0 118.327C0 67.8146 94.336 100.565 183.931 41.712C273.527 -17.1409 307 63.0072 307 113.519Z\" fill=\"#D2E8FB\"\u002F>\r\n\u003Cpath d=\"M62.8009 40.9118C62.8009 40.9118 31.7757 43.5526 29.5651 73.9218C27.9104 96.5844 41.9106 102.577 25.8809 108.074C25.8809 108.074 29.759 118.231 74.2544 115.527C112.196 113.216 111.873 99.5045 111.873 99.5045C111.873 99.5045 104.75 100.571 105.254 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fill=\"#009EFF\"\u002F>\r\n\u003Cpath d=\"M69.1649 106.938H68.3333V106.094C68.3333 105.628 67.9601 105.25 67.5 105.25H64.7222L63.6111 104.125H60.8333C60.3733 104.125 60 104.503 60 104.969V110.031C60 110.497 60.3733 110.875 60.8333 110.875H67.7778C68.0642 110.875 68.3316 110.726 68.4844 110.478L69.8715 108.228C70.2188 107.667 69.8194 106.938 69.1649 106.938V106.938ZM60.8333 105.074C60.8333 105.016 60.8802 104.969 60.9375 104.969H63.2656L64.3767 106.094H67.3958C67.4531 106.094 67.5 106.141 67.5 106.199V106.938H62.6389C62.3472 106.938 62.0764 107.092 61.9253 107.345L60.8333 109.177V105.074ZM67.7778 110.031H61.25L62.5903 107.781H69.1667L67.7778 110.031Z\" fill=\"white\"\u002F>\r\n\u003C\u002Fsvg>\r\n","illustrated-steps",{"hideOnMobile":116,"hideOnDesktop":116},{"id":162,"headline":91,"description":163,"body":164,"buttonText":81,"buttonLink":81,"blockName":81,"blockType":165,"visibility":166},"6a15a237f13133005943e9d3","A good lease agreement should provide the parties with clarity, predictability, and solid legal protection for each part of the rental process. Review this guide for an overview of the main terms and options of a lease with option to purchase.","\u003Cp>This agreement gives the tenant the right to buy the rental unit if certain conditions are met. This is commonly known as a “rent-to-own” or “purchase option.” The landlord may require that the tenant occupy the unit for a certain amount of time before they become eligible to exercise the purchase option. Rental payments must be made on time and in full in order to be credited toward the purchase price.\u003C\u002Fp>\n\u003Cp>You can choose how much of each rental payment gets credited toward the purchase price of the property. You also have the option to charge an upfront, nonrefundable fee in return for giving the tenant the purchase option.\u003C\u002Fp>\n\u003Cp>If the tenant chooses not to exercise the purchase option, they will not be entitled to any refund. However, the landlord is required to refund the upfront fee charged for the purchase option (if charged) if the landlord is unable to convey good and marketable title to the tenant after the purchase option is exercised.\u003C\u002Fp>\n\u003Cp>You can choose whether and how much interest will accrue on the unpaid balance of the purchase price. This interest will begin to accrue when the tenant occupies the rental unit, and the tenant will be responsible for paying it in addition to the purchase price if they exercise the purchase option. Including interest can help ensure that the amount paid for the unit reflects its true value at the time the tenant is able to pay. The tenant will also be responsible for paying any and all outstanding amounts under the lease in addition to the purchase price.\u003C\u002Fp>\n\u003Cp>The landlord will retain the right to sell the property to another owner at any time during the agreement, who will still be required to honor the terms of the original lease.\u003C\u002Fp>\n\u003Ch4>Fixed-Term vs. Periodic Tenancy\u003C\u002Fh4>\n\u003Cp>You can choose whether the agreement creates a fixed-term or periodic tenancy. A fixed-term tenancy requires the tenancy to end on a specific date unless the parties agree to renew the agreement for an additional term. However, a periodic tenancy has no set end date and continues indefinitely week to week, \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flandlord-and-tenant\u002Fmonth-to-month-leases\" target=\"_blank\" rel=\"noopener\">month to month\u003C\u002Fa>, or year to year until one of the parties chooses to end it.\u003C\u002Fp>\n\u003Cp>Fixed-term tenants normally have different rights than periodic tenants in terms of what is required when the tenancy expires or is terminated by the parties. The \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flandlord-and-tenant\u002Feviction-notice\">eviction notice\u003C\u002Fa> time frame is different as well.\u003C\u002Fp>\n\u003Ch4>Rental Payments\u003C\u002Fh4>\n\u003Cp>Next, your agreement specifies the rental payment amount and how often it will be paid.You can choose to require payments weekly, twice per month, monthly, every two months, every six months, or annually.\u003C\u002Fp>\n\u003Cp>The landlord can allow multiple payment methods, including payment by check, cash, direct deposit, wire transfer, credit card\u002Fdebit card, money order, cashier's check, online, or all of the above. You can also add your own custom payment methods. The agreement should also indicate all accepted payment locations, such as in person, online, or by mail. Include details for paying through an online payment portal, if available.\u003C\u002Fp>\n\u003Ch4>Signing Incentives\u003C\u002Fh4>\n\u003Cp>A signing incentive is a fantastic way to encourage potential tenants to sign long-term leases or agree to higher rental payments. Add the details for any signing incentive you have offered to the tenant. This includes rent concessions or any other additional benefit or deal.\u003C\u002Fp>\n\u003Ch4>Optional Fees and Deposits\u003C\u002Fh4>\n\u003Cp>Next, add any fees that will be charged for late rental payments, dishonored payments (i.e. bounced checks due to non-sufficient funds), and lost keys. If you choose to add these fees, your agreement will include standard language that enforces the landlord’s right to collect them. You can also add your own custom fees or deposits by entering the details when prompted.\u003C\u002Fp>\n\u003Ch4>Security Deposit\u003C\u002Fh4>\n\u003Cp>Tenants are always on the hook for covering the cost of all damages they cause to the rental unit regardless of whether or not the landlord collects a security deposit. However, it is normally recommended that the landlord collect a security deposit upfront. This will make it easier to ensure that funds are readily available for repairing any damage caused by the tenant. Otherwise, it can be very difficult to recover these funds from the tenant when they are moving out.\u003C\u002Fp>\n\u003Cp>State law often imposes various requirements on security deposits, including the maximum amount that may be charged, how long the landlord has to return any funds that remain to the tenant after the tenancy has ended, and what to do with interest that accrues on the deposits. Landlords are responsible for familiarizing themselves with their state and local laws. A good place to start is usually finding the relevant state law—usually called the “Landlord-Tenant Act” or something similar.\u003C\u002Fp>\n\u003Cp>The landlord will be allowed to use the security deposit to repair any damage caused by the tenant that go beyond normal wear and tear to the premises, common areas, and any furnishings provided. Here, “normal wear and tear” means the type of deterioration that typically occurs when using the premises as they are intended to be used and without negligence. For instance, carpet and flooring suffer normal wear and tear simply from the repeated stress of being walked upon. Doors, walls, cabinets, and appliances will normally receive minor nicks and scuffs over time. Unfortunately, such normal wear and tear is part of the landlord’s cost of doing business and cannot be deducted from the security deposit.\u003C\u002Fp>\n\u003Cp>Finally, the agreement states the requirements that the tenant must meet in order to have any remaining security deposit funds returned at the end of the tenancy. This includes the following requirements:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>The full term of the agreement has ended or the agreement has been properly terminated according to its terms\u003C\u002Fli>\n\u003Cli>All rent and outstanding fees or charges have been paid by the tenant\u003C\u002Fli>\n\u003Cli>All utility bills are paid in full\u003C\u002Fli>\n\u003Cli>All keys and other items belonging to the landlord have been returned\u003C\u002Fli>\n\u003Cli>All of the tenant's personal property has been removed\u003C\u002Fli>\n\u003Cli>The unit has been thoroughly cleaned\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch4>Substitute Tenants\u003C\u002Fh4>\n\u003Cp>You can specify whether the tenant can break the lease by assigning their obligations to a substitute tenant, thereby releasing the tenant from the agreement. In this scenario, the landlord is still free to reject any potential substitute tenant that is deemed unacceptable. The landlord may also negotiate a new lease with the substitute tenant on more favorable terms. Even if you decided to leave this clause out of the lease, the landlord is still free to allow substitute tenants later on.\u003C\u002Fp>\n\u003Ch4>Subletting\u003C\u002Fh4>\n\u003Cp>The agreement prevents the tenant from subletting the unit to another occupant without first obtaining the landlord’s written consent. Violating this rule is grounds for terminating the lease and \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002F3-fundamental-eviction-rules\" target=\"_blank\" rel=\"noopener\">evicting the tenant\u003C\u002Fa>.\u003C\u002Fp>\n\u003Ch4>Move-In\u002FMove-Out Inspection Checklists\u003C\u002Fh4>\n\u003Cp>LegalNature’s lease with option to purchase includes a property inspection checklist that the landlord can use at move-in and move-out to document any damage present in the unit. It is always recommended that you complete the checklist and have both parties sign it in order to prevent disputes. The checklist must be completed at move-in in the following states:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cstrong>Arizona\u003C\u002Fstrong> – Tenants also have the right to be present at a move-out inspection (Arizona Revised Statute 33-1321(c)).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Georgia\u003C\u002Fstrong> – Only required if the property is managed by a third party such as a property management service or if the landlord owns 10 or more rental units (O.C.G.A. 44-7-36). Prior to tendering a security deposit, the tenant shall be presented with a comprehensive list of any existing damage to the premises, which shall be for the tenant's permanent retention. The tenant shall have the right to inspect the premises to ascertain the accuracy of the list prior to taking occupancy. The landlord and the tenant shall sign the list and this shall be conclusive evidence of the accuracy of the list but shall not be conclusive as to latent defects. If the tenant refuses to sign the list, the tenant shall state specifically in writing the items on the list to which he or she dissents and shall sign such statement of dissent (O.C.G.A. 44-7-33a).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Hawaii\u003C\u002Fstrong> – Tenants also have the right to be present at a move-out inspection (HRS S. 521-42(6)).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Kansas\u003C\u002Fstrong> – Completed jointly within five days of initial occupancy or delivery of possession (Kann Stat. Ann. 58-2548).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Kentucky\u003C\u002Fstrong> – Tenant has the right to separately inspect the premises in order to ascertain the accuracy of the landlord's list of damages (Ky. Rev. Stat. Ann 383.580(2)).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Maryland\u003C\u002Fstrong> – Only required if the landlord collects a security deposit (Md. Code Ann. S. 8-203.1(a)(1)).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Massachusetts\u003C\u002Fstrong> – Only required if the landlord collects a security deposit (Mass. Gen. Laws Ann. Cha. 186, Section 15B(1)(b)(iii)).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Michigan\u003C\u002Fstrong> – Leases must include a checklist with the following 12-point boldface type at the top of the first page: \"You should complete this checklist, noting the condition of the rental property, and return it to the landlord within 7 days after obtaining possession of the rental unit. You are also entitled to request and receive a copy of the last termination inventory checklist which shows what claims were chargeable to the last prior tenants.\" (Mich Comp Law 554.608(4)). The seven-day return time frame may be shortened in the lease (Mich Comp Law 554.608(3)).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Montana\u003C\u002Fstrong> – Only required if the landlord collects a security deposit (MCA 70-25-206).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Nevada\u003C\u002Fstrong> – NRS 118A.200(3)(k)\u003C\u002Fli>\n\u003Cli>\u003Cstrong>New Hampshire\u003C\u002Fstrong> – N.H. Rev. Stat 540-A:6(I)(b)&(c)\u003C\u002Fli>\n\u003Cli>\u003Cstrong>North Dakota\u003C\u002Fstrong> – Must be signed by the landlord (ND Century Code 47-16-07.2).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Utah\u003C\u002Fstrong> – Utah Code Ann 57-22-4(3)\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Virginia\u003C\u002Fstrong> – Completed within five days of move-in by the landlord or tenant or both together, and the landlord must disclose within this report the known presence of mold (VA Code 55-248.11:1–2).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Washington\u003C\u002Fstrong> – Only required if the landlord collects a security deposit. Both the landlord and tenant must sign, and the tenant must receive a copy.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Wisconsin\u003C\u002Fstrong> – Only required if the landlord collects a security deposit (Wis. Stat. 704.08). The tenant has a right to inspect the rental unit, give the landlord a list of defects, and receive a list of damages charged to the prior tenant (Wis. Admin Code DATCP 134.06(1)).\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch4>Lead-Based Paint Disclosures\u003C\u002Fh4>\n\u003Cp>Federal law requires landlords and their tenants to sign a \"Disclosure of Information on Lead-Based Paint\" for any property constructed before 1978. The landlord must retain their signed copy for at least three years following the tenancy. Tenants in these properties must also receive approved lead hazard information, such as the pamphlet \"\u003Ca href=\"https:\u002F\u002Fwww.epa.gov\u002Fsites\u002Fproduction\u002Ffiles\u002F2017-06\u002Fdocuments\u002Fpyf_bw_landscape_format_2017_508.pdf\" target=\"_blank\" rel=\"noopener\">Protect Your Family From Lead in Your Home\u003C\u002Fa>\" or a similar pamphlet approved by the state environmental protection agency.\u003C\u002Fp>\n\u003Cp>In Maryland, landlords must register any rental properties built prior to 1978 with the state and pass an annual inspection.\u003C\u002Fp>\n\u003Cp>Vermont landlords are required to provide the lead hazard pamphlet mentioned above, post a notice approved by the state requesting that tenants report any chipped or damaged paint, and attend an annual training program. The \u003Ca href=\"https:\u002F\u002Fwww.cvoeo.org\u002FfileLibrary\u002Ffile_212.pdf\" target=\"_blank\" rel=\"noopener\">Vermont Rental Guide\u003C\u002Fa> includes an example of an approved notice on page 65.\u003C\u002Fp>\n\u003Ch4>State and Local Disclosure Requirements\u003C\u002Fh4>\n\u003Cp>Your local law may require additional disclosures to be made to the tenant. This could include disclosing serious problems affecting the unit’s habitability, housing code violations, radon warnings, mold or flood zone warnings, bed bug disclosures, carbon monoxide, asbestos, local rental control rules, and more. If you are ever in doubt, it is always best to err on the side of over-disclosure. You should be able to find your local disclosure requirements on your city or county website or by contacting a city administrator or a local lawyer.\u003C\u002Fp>\n\u003Cp>Note that leases with purchase options for mobile home tenants may have specific state laws that govern them. Be sure to research these for any mobile home tenants.\u003C\u002Fp>\n\u003Cp>Wisconsin landlords are required to disclose any nonstandard rental terms in a separate document titled “NONSTANDARD RENTAL PROVISIONS” provided to the tenant (see Wis. Admin. Code ATCP 134.06).\u003C\u002Fp>\n\u003Ch4>Final Steps\u003C\u002Fh4>\n\u003Cp>When you finish the questionnaire, have each party sign and date at the end of the document and also initial each page to show it was read. Retain your copy for your records and make an electronic backup if possible.\u003C\u002Fp>","help-guide",{"hideOnMobile":116,"hideOnDesktop":116},{"id":168,"style":169,"size":170,"blockName":81,"blockType":171,"visibility":172},"6a15a237f13133005943e9d4","line","md","separator",{"hideOnMobile":116,"hideOnDesktop":116},{"id":174,"heading":175,"background":176,"blockName":81,"items":177,"blockType":194,"visibility":195},"6a15a237f13133005943e9d9","Frequently Asked Questions","white",[178,182,186,190],{"id":179,"question":180,"answer":81,"legacyHtml":181},"6a15a237f13133005943e9d5","What is a lease option agreement?","\u003Cp>\u003Cspan>A lease option is a rental agreement that gives a tenant the choice to purchase the rented property during or at the end of the rental period. It also prevents the owner from offering the property for sale to anyone else. \u003C\u002Fspan>\u003C\u002Fp>",{"id":183,"question":184,"answer":81,"legacyHtml":185},"6a15a237f13133005943e9d6","When should I use a lease option agreement?","\u003Cp>It is highly recommended to use a lease option agreement if you intend to lock in a purchase price for a rental property and prevent the landlord from selling the rental property to someone else during the term of the option.\u003C\u002Fp>",{"id":187,"question":188,"answer":81,"legacyHtml":189},"6a15a237f13133005943e9d7","What needs to be included in a lease option agreement?","\u003Cp>If you search around the Internet, you will find leases and rental agreements that vary widely in terms of length, thoroughness, and format. Every state has different laws as to what must be included. However, more states agree that, at a minimum, the following items must be included:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cstrong>The name and address of all parties involved:\u003C\u002Fstrong> For residential leases, the address for the tenants will normally be the address of the unit being occupied.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>The term of the agreement: \u003C\u002Fstrong>Agreements may be for fixed terms, such as six months or one year, or they may be periodic, such as week to week or month to month. \u003C\u002Fli>\n\u003Cli>\u003Cstrong>Rental payment terms: \u003C\u002Fstrong>These terms include how often rent will be paid, the payment amount, where payments may be made, and the permitted payment methods (i.e. cash, check, card, direct deposit, money order, etc.).\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Deposits and fees:\u003C\u002Fstrong> Deposits are normally refundable whereas fees are not. Landlords should always specify when charges are nonrefundable. \u003C\u002Fli>\n\u003Cli>\u003Cstrong>Utilities and maintenance responsibilities:\u003C\u002Fstrong> The agreement must be clear as to who is responsible for paying each utility and should explain the maintenance and repair obligations.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Prohibited uses and activities: \u003C\u002Fstrong>Tenants are prohibited from engaging in illegal activities on the premises. \u003C\u002Fli>\n\u003Cli>\u003Cstrong>Termination:\u003C\u002Fstrong> The manner of terminating the agreement differs depending on the type of tenancy, preferences of the parties, and state law requirements. The agreement should also specify remedies for the landlord in case the tenant holds over occupancy beyond the term of the agreement or abandons the unit early without paying for the remainder of the term.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Disclosures:\u003C\u002Fstrong> Each state has specific disclosure requirements that must be met prior to signing the lease. You can find your local rules on your city or county website or by contacting the office of your mayor, city manager, county administrator, or a locally licensed attorney. \u003C\u002Fli>\n\u003C\u002Ful>",{"id":191,"question":192,"answer":81,"legacyHtml":193},"6a15a237f13133005943e9d8","What is the difference between a deposit and a fee?","\u003Cp>In the context of property leasing, deposits are normally refundable while fees are nonrefundable one-time payments. Tenants must be notified if they are being charged a \"deposit\" that is nonrefundable. \u003Cbr \u002F>\u003Cbr \u002F>For instance, security deposits are meant to protect landlords against tenants not paying for any damage they cause. At the end of the tenancy, deductions may be made from the deposit as permitted by state law, and the remaining funds must be returned to the tenant. \u003Cbr \u002F>\u003Cbr \u002F>Examples of common fees include upfront fees for pets, administration costs, application processing, and cleaning fees.\u003C\u002Fp>","faqs",{"hideOnMobile":116,"hideOnDesktop":116},{"id":197,"style":169,"size":170,"blockName":81,"blockType":171,"visibility":198},"6a15a237f13133005943e9da",{"hideOnMobile":116,"hideOnDesktop":116},{"id":200,"headline":201,"text":202,"image":203,"ctaText":81,"blockName":81,"blockType":214,"visibility":215},"6a15a237f13133005943e9db","Start Your Lease Option Agreement","Complete your lease option agreement in minutes with LegalNature's intuitive, step-by-step guidance.",{"id":204,"alt":81,"updatedAt":205,"createdAt":206,"url":207,"thumbnailURL":81,"filename":208,"mimeType":209,"filesize":210,"width":211,"height":212,"focalX":213,"focalY":213},210,"2026-07-24T10:46:14.235Z","2026-07-24T10:46:14.133Z","https:\u002F\u002Fs3.us-east-2.amazonaws.com\u002Fshared-cms-main-media.legalnature.com\u002Fgeneral-doc-image.jpg","general-doc-image.jpg","image\u002Fjpeg",369412,894,594,50,"get-started",{"hideOnMobile":116,"hideOnDesktop":116},{"title":217,"description":218,"keyword":219,"og_image":220},"Lease with Option to Buy Contract | Create & Print | LegalNature","Create, download, and print your lease with option to buy contract in just a few simple steps and get you the protection you need today.","Lease Option Agreement","https:\u002F\u002Fs3.us-east-2.amazonaws.com\u002Fshared-cms-main-media.legalnature.com\u002Fa5Wlp3o1SmyourSLGSZp.jpg",{"headline":81,"image":81,"imageUrl":81,"steps":222},[]]