A blank rental lease is a simple arrangement which requires the user (lessee) to pay a specific amount to the owner (lessor) for the use of any asset. This lease has a specific time frame after which it gets expired and needs to be either renewed or terminated. This is a simple borrowing where the ownership of that asset is retained by the lessor. A blank rental lease is an agreement for the tangible objects like home, apartments, lands, instruments etc. These leases consist of the terms and conditions agreed between the parties involved.
Sample Blank Rental Lease:
This is an apartment rental Lease:
Landlord: John Barker is the owner of this property and he will be referred as lessor in the agreement.
Tenant: The tenant of the property will be Haney Fader who will be referred as lessee in the lease.
Rental property: The leased property is the apartment located at R-45 riverside avenue, Keighley, West Yorkshire. It is a 3-bed room apartment with the renting space of 1880sft. This property will be on lease for 2 years as per the lease agreement.
Terms and conditions:
- The lessee will have to pay the rent of $4000 per month for the apartment along with a security deposit of $9000.
- The lease period will get expired after 2 years. On completion of the lease period the agreement can be renewed or terminated based upon the interest of both the parties.
- All the legality of the lease has to be obeyed by both the parties
Signature of the Lessor:
Signature of the Lessee: