Many apartment complexes require tenants to sign leases for specific periods of time, usually six months or one year. Others allow tenants to enter into month to month Rental Agreements. Some communities have both options, but charge a higher monthly rate to tenants who do not sign an extended lease agreement form.
In addition to specifying the duration of the Rental Agreement, apartment lease agreement forms include a variety of additional information regarding the terms and conditions of tenancy.
Standard lease agreements for apartments generally include the following types of information:
- Guidelines for use of property amenities
- Occupancy restrictions
- Penalty for late rent payment
- Pet Policy and fees (if applicable)
- Rent amount
- Rent due date
- Utility policies
- Parking restrictions
- Additional terms based on the property policies and local laws
This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.