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Before any move-ins can take place, tenants and landlords should make sure that an Apartment Lease has been signed. A written lease protects all parties by explicitly setting out expectations and... Read More
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Making an Apartment Lease
Before any move-ins can take place, tenants and landlords should make sure that an Apartment Lease has been signed. A written lease protects all parties by explicitly setting out expectations and preventing potential misunderstandings.
The free Apartment Lease template that Rocket Lawyer offers can be used in any of the following situations:
Leasing an apartment is another way of saying you are renting an apartment. The lease is the legal document—in other words, a contract—that outlines the terms of the rental arrangement.
An Apartment Lease outlines the terms of the rental. For example, it contains information such as:
A lease is merely the legal document outlining the terms of an apartment rental. However, in some cases a rental agreement may cover a shorter period of time, such as a month-long vacation rental, whereas a lease more commonly is used to refer to a term of 12 months or longer.
The lease usually will specify what happens in the event of an early termination. You might have to pay an early termination fee. Certain states require landlords to attempt to find a replacement tenant as quickly as they can, which is referred to as "mitigation." In those states, the landlord is only allowed to recover the rent for the period of time before they are able to lease the property to a new tenant.
If you have further questions about Apartment Leases, an experienced attorney can help.
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