A short term lease agreement is a legal document which is developed with the aim of initiating lease for a short period of time. It may be any type of lease but created for a comparatively shorter span of time. Thus the document must be written in lucid terms mentioning the time of effect and the regulations governing it.
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Sample Short Term Lease Agreement
Short-term lease code: TD94303 Page number: 1
This short term lease finalises the lease of a house on mutual agreement for 6 months under the following considerations:
Name: Clara McClelland
Occupation: Medical Researcher
Present address: 6, Hamilton Street, US
Name: Peter Grand
Age: 60 years
Occupation: Retired army man
Location of the house: 7, Hill Road, Axon State, US
Area: 1,200 square feet
Current estimated price: $50, 0000
Date of commencement: 16th September, 2011
Date of termination: 19th February, 2012
Note: The lease term may be extended or shortened on advance notice.
Initial payment: $60,000
Due payment: $40,000
Rental amount: $500
Late charge: $100
- The breach of stated rules includes imprisonment of up to 2 years and/or penalty of up to $4000. An elaborate list of the supposed rules to be followed by both the parties is given in Page 2.
- The agreement has been confirmed on the basis of the documents submitted to the court. Thus it must be ensured that all documents are genuine and true to the knowledge of the parties.
Clara McClelland (tenant)
Peter Grand (landlord)
Dick Lord (advocate)