"Condominium Lease Agreement Template"

What Is a Condominium Lease Agreement?

As a landlord or property manager, whenever a new tenant is moving into a condominium that you rent or manage, you will want to have them sign a Condominium Lease Agreement before their official move-in date. A condominiumA condominium (or "condo" for short) is a type of property that is surrounded by other similar units that share the same common areas. lease will outline the rules the tenants are expected to follow and information related to rental payments.

A free and printable Condominium Lease Agreement template can be downloaded via the link below.

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How to Write a Condominium Lease Agreement?

To create your own Condominium Lease Agreement, you will want to include the following information:

  1. The name of the leasing agency (or landlord) and names of all tenants who will be residing at the property. Include the full address and unit number of the property and the date the agreement goes into effect.
  2. Length of time the lease will be in effect and if the tenant(s) will have the option to opt for a month to month lease after a certain amount of time (such as after a one year lease has concluded).
  3. Monthly rental costs for the unit, including what name to use for the payment (if paying by check or digital payment), when the amount is due, and when late fees will be applied if rent is not received in a timely manner (such as five days after the first of every month).
  4. The security deposit (and if applicable, a pet deposit) that will be required from a tenant. You will want to have a separate sentence to list the security deposit, pet deposit, and last month's rent so each item is clearly listed. When a tenant will receive their security deposit back after the lease is terminated and that you reserve the right to deduct any damages to the unit.
  5. If the unit will have a garage or parking space and the designated space number for the tenant(s).
  6. Any services or utilities you as the landlord have agreed to provide to the unit.
  7. Acceptable alterations to the premises.
  8. A release of liability of the landlord should the tenant(s) experience any loss or damage to their personal property while residing in the unit.
  9. Regulations involving subletting of the property and notice to the landlord.

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Condominium Lease Agreement
This Condominium Lease Agreement (hereinafter referred to as the “Agreement”) is
entered into as of ____________________, by and between _________________________,
with a mailing address of ______________________________________________________
_____________________________________ (hereinafter referred to as the “Landlord”) and
_________________________, with a mailing address of ____________________________
__________________________________________ (hereinafter referred to as the “Tenant”),
collectively referred to as the “Parties,” both of whom agree to be bound by this Agreement.
1. Premises. The premises is located at __________________________________________
____________________________________________ in a condominium association known
as _________________________ (hereinafter known as the “Premises”).
2. Term. The start of this lease shall begin on the _________________________ and
continue (check one):
Until the _________________________.
As a month-to-month agreement in accordance with State laws.
3. Rent. The total rent due over the term of this Agreement $____________________
payable in monthly in the amount of $____________________ to the Landlord in the
following manner: __________________________________________________________.
Rent shall be paid in full on the ________ of every month. No amounts may be deducted
from the monthly rent unless the Landlord consents to in writing.
4. Security Deposit. The Landlord requires the Tenant to pay a security deposit due at lease
signing in the amount of $____________________. In addition, the Landlord requires the
Tenant pay the following (check all that apply):
First month’s rent in the amount of $____________________.
Last month’s rent in the amount of $____________________.
The Landlord agrees to return the Security Deposit within ________ days after the lease
expires. The Tenant agrees to allow the Landlord to deduct any damages found on the
Premises after move-out with receipt for every repair.
5. Garage/Parking. The Tenant shall have the right to ________ parking spaces located on
the Premises. The Tenant shall be charged a fee of $____________________ on a monthly
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Condominium Lease Agreement
This Condominium Lease Agreement (hereinafter referred to as the “Agreement”) is
entered into as of ____________________, by and between _________________________,
with a mailing address of ______________________________________________________
_____________________________________ (hereinafter referred to as the “Landlord”) and
_________________________, with a mailing address of ____________________________
__________________________________________ (hereinafter referred to as the “Tenant”),
collectively referred to as the “Parties,” both of whom agree to be bound by this Agreement.
1. Premises. The premises is located at __________________________________________
____________________________________________ in a condominium association known
as _________________________ (hereinafter known as the “Premises”).
2. Term. The start of this lease shall begin on the _________________________ and
continue (check one):
Until the _________________________.
As a month-to-month agreement in accordance with State laws.
3. Rent. The total rent due over the term of this Agreement $____________________
payable in monthly in the amount of $____________________ to the Landlord in the
following manner: __________________________________________________________.
Rent shall be paid in full on the ________ of every month. No amounts may be deducted
from the monthly rent unless the Landlord consents to in writing.
4. Security Deposit. The Landlord requires the Tenant to pay a security deposit due at lease
signing in the amount of $____________________. In addition, the Landlord requires the
Tenant pay the following (check all that apply):
First month’s rent in the amount of $____________________.
Last month’s rent in the amount of $____________________.
The Landlord agrees to return the Security Deposit within ________ days after the lease
expires. The Tenant agrees to allow the Landlord to deduct any damages found on the
Premises after move-out with receipt for every repair.
5. Garage/Parking. The Tenant shall have the right to ________ parking spaces located on
the Premises. The Tenant shall be charged a fee of $____________________ on a monthly
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basis, in addition to the rent payment, for use of the space. Only vehicles registered with the
Landlord and/or Condominium Association will be allowed to park in the areas designated
unless consent is given.
6. Occupants. The following individuals shall be allowed to live in the Premises with a
maximum of ________ people to be staying on any given night:
● _________________________;
● _________________________;
● _________________________;
● _________________________;
● _________________________.
7. Services/Utilities. The Landlord shall be responsible for providing the following (check
all that apply):
Water
Electricity
Sewer
Cable
Internet
Heat
Air conditioning (AC)
Trash removal
Electricity
Telephone
Other: _______________________________________________________________.
In addition, the Landlord shall provide the following appliances: ______________________
__________________________________________________________________________
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__________________________________________________________________________
The Tenant shall be responsible for providing the following (check all that apply):
Water
Electricity
Sewer
Cable
Internet
Heat
Air conditioning (AC)
Trash removal
Electricity
Telephone
Other: _______________________________________________________________.
The Landlord agrees to keep the Premises in good condition and to repair any services
temporarily interrupted. Any damage caused by nature or any wear and tear shall not affect
the payment of rent by the Tenant as long as the Landlord is pursuant to State laws.
8. Use. The Tenant shall only be able to use the Premises for residential purposes.
9. Possession. The Tenant shall obtain possession of the Premises on the start date stated in
Section 2. If not, the Tenant may seek damages from the Landlord. In addition, the Tenant is
required to take possession of the Premises within ________ days or be in default of this
Agreement and forfeit their Security Deposit with the Landlord.
10. Condition. The Tenant understands that they will be accepting the Premises in its “as is”
condition. The Tenant acknowledges that they have conducted a thorough inspection and
found it to be in good repair and condition for the use as a residence.
11. Alterations. The Tenant shall maintain and keep in good condition all appliances,
furnishings (if any), and personal property until the end period. If the Tenant damages any
part of the Premises due to negligence the Landlord may fix the issue and charge the Tenant
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additional rent. The Tenant shall not paint the Premises or make any modifications without
the written consent of the Landlord.
12. Pets. Check one:
The Landlord allows pets on the Premises with an additional fee of
$____________________.
The Landlord shall allow only a certain pet (_________________________) with a
fee of $____________________.
The Landlord prohibits any type of pet on the Premises except for those used for
special needs in accordance with State or Federal law.
13. Liability. The Landlord is not liable for any loss or damage to the Tenant’s, or their
guests, personal property unless the loss is a direct result of the Landlord’s action. The
Tenant is liable for the acts of anyone listed in this Agreement in addition to any guest that
they should allow on the Premises.
14. Entry. Per State law the Landlord has the right to enter the Premises by giving the Tenant
proper notice for any repair, inspection, extermination, installation, or any entry deemed
necessary. The Landlord will have the right to show the Premises to prospective Lessee’s at
the end of the Agreement’s term with notice being given prior to every entry.
15. Subletting. The Landlord does not authorize the Tenant to have the right to sublease the
Premises unless written consent is given. The Landlord has the right to withhold consent for
any reason.
16. Access. Upon the authorization of this Agreement and all funds being made available
through the items checked in Section 4 the Tenant shall receive access to the Premises on the
start date. The Tenant shall not alter any locks or make duplicate keys without the Landlord’s
prior knowledge and consent.
17. Signage. The Landlord has the right to place ‘For Rent’ or ‘For Sale’ signs on the
Premises and/or conspicuously placed in the windows. The Tenant does not have right to
place any signs or place personal property in the windows or outside of the Premises.
18. Common Areas. If there are areas that are maintained by the Condominium Association
and usable by all residents the Tenant shall have the right to use said areas under the same
rights as Landlord.
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19. Sale of Premises. If the Landlord sells the Premises the Tenant can be given ________
days’ notice at any time to vacate by written notice.
20. Governing Law. The Parties agree that this Agreement shall be governed by the laws of
_____________________.
State
The Parties agree to the terms and conditions set forth above as demonstrated by their
signatures as follows:
_________________________________
_________________________________
Landlord’s Name
Tenant’s Printed Name
_________________________________
_________________________________
Landlord’s Signature
Tenant’s Signature
_________________________________
_________________________________
Date
Date
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