Rental Agreement Overview
Overview
This walkthrough explains the key sections of your rental agreement so you understand what you’re signing. It covers rent, rules, deposits, and addendums in everyday language.
Why It Matters
The agreement protects both you and us. Knowing the terms helps avoid surprises and makes sure you’re comfortable with your responsibilities and rights.
Key Points Covered
Basic Lease Info: Names, property address, lease start date, rent amount, and payment schedule clearly listed.
Rent & Fees: Rent amount repeated in multiple sections for clarity. Includes late charges and NSF (non-sufficient funds) fees if payments bounce.
Use of Property: Home is for residential use only — no large parties or operating a business.
Quiet Hours: 10pm to 7am daily.
Pets: Allowed only with written permission and addendum. Must not disturb neighbors; waste must be picked up.
Guests: Staying longer than 14 days requires notifying us.
Utilities: Spells out what you’re responsible for.
Right of Entry: 24-hour written or text notice provided before entry, except in emergencies.
Insurance Requirement: Renters insurance is mandatory.
Termination: 30-day notice required if you move out. If gone more than 7 days, notify us.
Security Deposit: Paid at move-in, refunded if property is left clean and undamaged. Move-in/out condition report is part of this process.
Non-Compliance Fees: For violations like smoking, parking issues, or unauthorized pets.
Addendums:
Smoking: Strictly prohibited.
Marijuana: No growing, using, or smoking on property.
Lead-based Paint Disclosure: Provided for older properties if applicable.
Pet Agreement: Completed if you have a pet.
Move-Out Checklist: Clean and repair basics (e.g., light bulbs, surfaces). Goal is to return your full deposit.