"Monthly Rental Agreement Form" - Arkansas

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Download "Monthly Rental Agreement Form" - Arkansas

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Arkanas Monthly Rental Agreement
This form is a legally binding document for the use and occupation of space
described in Section I for residential use (hereinafter known as the “Monthly
Rental Agreement”) under the following terms:
I. The Property. Landlord agrees to rent the property located at
________________________________________________________________,
City of __________________________________, State of ____________.
a. Furniture and Appliances
- In addition to the space described, the Landlord agrees to allow the
use of the following Furniture and Appliances:______________________
__________________________________________________________.
- No Furniture or Appliances included in this Monthly Rental
Agreement. Tenant agrees to take possession “As-Is.”
b. Common Areas
- The Tenant has the right to the use of any and all common areas that
may exist on the property, including, but not limited to:
___________________________________________________________
__________________________________________________________.
The Tenant must follow any and all rules associated with said common
areas, along with the following restrictions: _________________________
__________________________________________________________.
- No common areas exist on the property.
II. The Parties. The Lease Agreement is between the following:
Landlord _________________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Tenant __________________________________________________________
Mailing Address ___________________________________________________
Arkanas Monthly Rental Agreement
This form is a legally binding document for the use and occupation of space
described in Section I for residential use (hereinafter known as the “Monthly
Rental Agreement”) under the following terms:
I. The Property. Landlord agrees to rent the property located at
________________________________________________________________,
City of __________________________________, State of ____________.
a. Furniture and Appliances
- In addition to the space described, the Landlord agrees to allow the
use of the following Furniture and Appliances:______________________
__________________________________________________________.
- No Furniture or Appliances included in this Monthly Rental
Agreement. Tenant agrees to take possession “As-Is.”
b. Common Areas
- The Tenant has the right to the use of any and all common areas that
may exist on the property, including, but not limited to:
___________________________________________________________
__________________________________________________________.
The Tenant must follow any and all rules associated with said common
areas, along with the following restrictions: _________________________
__________________________________________________________.
- No common areas exist on the property.
II. The Parties. The Lease Agreement is between the following:
Landlord _________________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Tenant __________________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Tenant __________________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Tenant __________________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Minor children to be living on the premises (if any):
Name ___________________________________________________________
Name ___________________________________________________________
Name ___________________________________________________________
Name ___________________________________________________________
III. Term of Agreement. The Landlord and Tenant agree to a term beginning on
_________________, 20_____ and ending upon written notice by one of the
parties. The party seeking to terminate the lease must give the other party
_____
days’
months’ notice or must provide notice according to the
applicable state law for month-to-month tenancies (if applicable).
IV. Notices. Any and all notices shall be sent to:
Landlord.
Mailing Address ___________________________________________________
City of ________________________________ State ________ Zip __________
Tenant.
Mailing Address ___________________________________________________
City of ________________________________ State ________ Zip __________
V. Rent. The Tenant shall be obligated to pay the Landlord on the _____ of every
month the following amount:
_____________________________ Dollars ($__________________.______).
The Landlord shall be paid under the following instructions:
_______________________________________________________________.
st
a. Prorated 1
Month.
- The Tenant shall move in to the property on ___________________,
20_____ with the prorated payment of $___________________._______.
- The Tenant agrees to move-in on the first day of the term.
b. Security Deposit.
- The Tenant is required to pay a Security Deposit to the Landlord in
the amount of $______________________._______.
- The Tenant is not required to pay a Security Deposit.
c. Last Month’s Rent.
- The Tenant is required to pay Last Month’s Rent to the Landlord in
the amount of $______________________._______.
- The Tenant is not required to pay Last Month’s Rent.
d. Rent in Advance.
- The Tenant is required to pay Rent in Advance to the Landlord in the
amount of $______________________._______.
- The Tenant is not required to pay Rent in Advance.
e. Pet Deposit.
- The Tenant is required to pay a Pet Deposit to the Landlord in the
amount of $______________________._______.
- The Tenant is not required to pay a Pet Deposit.
f. Other.
- The Tenant is required to pay a Deposit for ____________________
to the Landlord in the amount of $______________________._______.
- The Tenant is not required to pay any other Deposit.
If the Tenant has paid a deposit to the Landlord, it shall be kept in a separate
interest bearing
non-interest bearing account for the benefit of the Tenant.
All deposits shall be returned to the Tenant within _____ days after the Tenant
has vacated the property or the end of the term, whichever is later. If the
Landlord withholds any amount of the deposit, the Landlord agrees to provide an
itemized list of any deductions.
VI. Late Payment. If the rent has not been paid in full by the due date the
Landlord has the right to:
- Charge the Tenant a penalty of $______________________._______ per
day until the rent is paid in full.
- Charge the Tenant a penalty of _________________ percent (_____%) of
the rental amount per day until the rent is paid in full.
*Note that many states provide for a maximum penalty that may be charged for
the late payment of rent, and that many states do not consider rent to be late until
a period of days have expired the agreed-upon due date.
VII. Utilities. Landlord and Tenant agree that the following utilities shall be the
responsibility of:
Cable -
Landlord
Tenant
Electricity -
Landlord
Tenant
Heat -
Landlord
Tenant
Internet -
Landlord
Tenant
Trash -
Landlord
Tenant
Water -
Landlord
Tenant
Other -
Landlord
Tenant
_______________________________________________________________.
VIII. Use of Property. The Tenant, along with any guests, shall use the property
solely for residential use and must obey all federal, state, and local laws in
addition to the rules and restrictions of the Landlord.
The Tenant and any guests, during the term of the Monthly Rental Agreement,
must always act in a manner that does not unreasonably disturb any neighbors
or breach the peace of the general public.
a. Alterations.
- The Tenant may make alterations to the property with written
permission from the landlord stating the details of the improvement and
how it will be completed.
- Under no circumstances is the Tenant allowed to make any
alterations to the property.
b. Pets.
- The Landlord allows all types of pets on the property.
- The Landlord only allows the following types of pets on the property:
__________________________________________________________.
- The Landlord does not allow any type of pet on the property except
for those necessary for use by the disabled, elderly, or as prescribed by
law.
c. Guests.
Occupancy by more than _____ guests is prohibited unless the Tenant
obtains written permission from the Landlord.
Any guest on the property is allowed to stay for a period of _____
days
months.
IX. Landlord’s Access to Premises. The Landlord may enter the property by
_______
giving
days’
hours’ notice to the Tenant. Notice may be in
the mail, slipped under the door, or via cell phone. (Make sure to check current