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Making a Virginia Lease Agreement
Landlords and tenants often use Virginia Lease Agreements as a means of laying out the details of a new tenancy. Signed by the tenant (the "lessee") and the landlord (the "lessor"), this document can help define each party's respective expectations and reduce the risk of disagreements. You can tap or click "Make document" to check out our Virginia Rental Contract sample. Suitable for rentals of every residential property type, our rental agreement for Virginia can be used by any property owner in Virginia Beach, Norfolk, Chesapeake, and every other city or municipality that is located in the Old Dominion State.
As with any other legal contract, Virginia Lease Agreements are not legally binding until all parties have signed. When you use Rocket Lawyer, you aren't just filling out a Virginia Lease Agreement template or fillable PDF; you are making a completely customizable, digital legal document. If you ever need support from a lawyer due to missed payments or another problem, your Rocket Lawyer membership provides the optional benefit of Document Defense® for added protection.
Even if you are offering the property to a friend, your Virginia Lease Agreement is a step that should never be forgotten. Making a Virginia Lease Agreement could be good for you due to these benefits:
Any landlord choosing not to make this document can expect common issues like the miscommunication of start and end dates for the rental and questions about payment dates.
To complete your Virginia Lease Agreement with Rocket Lawyer, you'll need the following details:
As you might hope, Virginia Lease Agreements built with Rocket Lawyer also contain guidelines related to animals/pets, past due payments, smoking and/or narcotics, short- or long-term guests, and early lease termination. While building your rental contract, you also can add details related to furnishings, insurance requirements, and maintenance procedures.
In Virginia, leases must also include references to the Virginia Residential Landlord Tenant Act (the "VRLTA"). More personalization is allowed, if needed.
With Rocket Lawyer, your Virginia Lease Agreement can be tailored to you and your specific needs. Simply tap or click on the button that says "Make document" and respond to a series of questions. Prior to signing your Virginia Rental Agreement, you also might want to have an On Call attorney read it over. This route, in most cases, will end up being notably less expensive than hiring a conventional provider, whose hourly fees could be from several hundred dollars to thousands in total.
After completing a Virginia Lease Agreement on Rocket Lawyer, you'll be able to retrieve it anytime, anywhere. As a Rocket Lawyer member, you may edit it, make copies, save it as a PDF document or Word file, sign it electronically via RocketSign®, and/or print it out when needed. Your Virginia Lease Agreement comes with a list of tips on what you can do next. Make sure that all signers receive their copy of the fully executed agreement. You may also wish to explore the other landlord-tenant legal documents in our library.
Rental laws are continually evolving and they can differ by location. If you've got any doubts in connection to Virginia rental laws, you can always ask an attorney. Finding an attorney to comment on your contract might take a long time if you do it by yourself. Another approach worth consideration is to go through Rocket Lawyer attorney services. Rocket Lawyer Premium members can request advice from an On Call attorney with experience in real estate matters or send other questions. As a property owner, you can be confident that Rocket Lawyer is here by your side.
The answer to this question might depend on your specific needs; but, regardless of your location, there are a few factors that you might want to note as you decide whether or not investing in rental property is right for you. These include the following: the property tax rate, any restrictions on deposit amounts, the extent of tenants' rights, required disclosures, and, ultimately, how challenging the eviction process could be if there are problems. This being said, since Virginia is the home of popular destinations like Shenandoah National Park, George Washington's Mount Vernon, and Busch Gardens and colleges like the University of Virginia, the College of William & Mary, and Virginia Tech, you shouldn't have any lack of visitors and tenants if you're nearby.