Home Property Rental 20 Common Rental Lease Options to Consider

20 Common Rental Lease Options to Consider

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20 Common Rental Lease Options to Consider

Here are 20 common rental lease options that landlords and tenants may consider when renting a property:

  1. Security deposit: The tenant pays a certain amount of money upfront to cover any damages or unpaid rent.
  2. Rent amount: The amount of rent to be paid each month.
  3. Rent payment due date: The date by which rent must be paid.
  4. Late payment fees: The penalty for late payment of rent.
  5. Lease term: The length of the lease agreement.
  6. Renewal option: The ability for the tenant to renew the lease agreement after the initial term expires.
  7. Termination clause: The circumstances under which the lease agreement can be terminated.
  8. Subleasing option: Whether or not the tenant can sublease the property to someone else.
  9. Pet policy: Whether or not pets are allowed on the property, and if so, any restrictions or fees associated with pets.
  10. Maintenance and repairs: The responsibilities of the landlord and tenant for maintaining and repairing the property.
  11. Utilities: Which utilities are included in the rent and which the tenant is responsible for paying.
  12. Parking: Whether or not the property includes parking, and if so, any restrictions or fees associated with parking.
  13. Use of common areas: Whether or not the tenant has access to any common areas, such as a pool, gym, or clubhouse.
  14. Landlord access: The landlord’s right to access the property during the lease term.
  15. Alterations and improvements: Whether or not the tenant can make alterations or improvements to the property.
  16. Notice requirements: The amount of notice required by either party to terminate or make changes to the lease agreement.
  17. Insurance: Whether the tenant is required to carry renter’s insurance.
  18. Dispute resolution: The process for resolving disputes between the landlord and tenant.
  19. Appliances and furnishings: Whether or not the property includes any appliances or furnishings.
  20. Governing law: The state and county law that applies to the lease agreement