A rental lease agreement is simple to fill out and helpful for both landlords and renters. It saves time, keeps things clear, and makes sure everything is done properly. Renters can easily understand the rules, and both sides know exactly what to expect during the rental period.
Loio has different types of printable lease agreements to fit all kinds of rental situations.
This part names the landlord and the tenant.
This Residential Lease Agreement is entered into on April 15, 2025 (the "Effective Date") by and between James Turner, an individual having their usual place of living at 500 Elm St, Austin, TX (the "Landlord"), and Maria Gomez, having their usual place of living at 822 Lakeview Ave, Austin, TX (the "Tenant").
Here, you can see the subject section of the agreement. It describes the property being leased.
The Landlord agrees to lease Apartment 3B located at 822 Lakeview Ave, Austin, TX, which area is 950 sq. ft. (the "Premises"), to the Tenant.
You’ll enter the start and end dates of the lease.
The first day of the lease under this Agreement should be May 1, 2025 (the "Start Date") and the last day of the lease under this Agreement should be April 30, 2026 (the "End Date")
State how much rent is and when it’s due.
The lease fee is $1,200 per month. Payments are due on the last day of each month.
The Tenant shall make the advance payment of $1,200 within 5 days following the Effective Date.
A deposit is usually collected to cover damages or missed rent.
The Tenant shall pay $1,200 as a Security Deposit within 5 days following the Effective Date.
It will be returned within 30 days after the end of the lease, unless deductions apply.
List which utility bills the tenant will pay.
The Tenant shall pay for the following utility bills: electricity, water, internet.
Explain how either party can end the lease.
Either Party may terminate this Agreement without cause upon 30-day prior written notice.
Once the rental agreement template is complete, both the landlord and tenant need to sign and date it to make it official. You can do this directly on Loio using the eSign feature, so you don’t even need to print anything out.
Leases are either cancellable or noncancellable. A cancellable lease enables the lessee or the lessor to terminate the rental period without consequences and extra fees. A noncancellable lease prevents either party from terminating the lease before the agreed end date. The deposit and all related expenses are nonrefundable.
In rental agreements, landlords should specify the cancellation period so that tenants can recover any fees that they are legally entitled to.
Your residential lease agreement helps specify the lease rules and regulations for your tenants. If you wish to rent out a room in your house where other lessees live, the residential lease agreement is essential to equally set forth the lease terms for your property. You can also avoid misunderstandings between tenants and have available the detailed lease agreement to address any issues.
When the lease is about to end, the lessee should decide whether he or she wants to continue leasing the property or move out. If the tenant wishes to stay, the landlord can agree to a “periodic tenancy,” in which the lessee pays rent for as long as he or she continues living on the property. Another option is to sign a new rental lease agreement in which both parties renegotiate and agree on a new lease period and other relevant terms and conditions. The lessor may increase the rent in such cases, so it is critical to have a clear discussion on the terms before signing the new rental agreement.
If the lessee decides to vacate the property on a scheduled date, he or she should notify the landlord at least a month or up to three months in advance, as agreed upon by the parties. With this type of proper notice, the deposit should be timely refunded, absent any other factors, such as damage to the property.
If you need to submit a document verifying your place of residence, your rental lease agreement will typically be acceptable. The lease agreement should be reflective of your current living situation, so make sure it is updated and complies with your state law regulations. It is important to verify that the address reflected on the lease agreement is accurate before submitting a copy of it for residential verification purposes.