Residential Lease Agreement template

Free residential lease agreement template

If you're renting out a house, condo, or apartment, our free residential lease agreement template is a quick and easy way to make sure everything is covered in writing.

Whether you're the property owner or the renter, this free and customizable residential lease agreement template includes all the standard terms such as the rent amount, when it’s due, lease duration, security deposit details, who is responsible for what utilities and other tenant obligations. All points commonly found in a legally binding residential tenancy contract.

Our residential lease agreement is designed to be flexible, so you can customize the terms to suit your property and agreement. Click on the agreement to open the free template using your Docusign account or start a free trial. Once completed, the lease can be shared electronically and signed virtually in a few clicks, securely stored in your account, and downloaded or printed for your records.

What is a residential lease agreement?

A residential lease agreement is a legally enforceable contract between a landlord and a tenant that outlines the terms and conditions of renting a residential property. It details critical aspects such as the rental amount, payment due dates, lease duration, security deposit specifics, and the responsibilities of both parties, including utility obligations and maintenance. 

This agreement provides clarity and protection for both the landlord and tenant, ensuring a clear understanding of rights and obligations, preventing misunderstandings, and offering legal recourse in case of disputes. It serves as a critical document for establishing a secure and transparent rental relationship.

What is included in a residential lease agreement?

The following components are required in a residential lease agreement:

• Parties involved: Clearly identify the landlord and tenant, including their legal names and contact information.

• Property description: Provide a detailed description of the leased premises, including the address and any specific units or features included.

• Lease term: Specify the duration of the lease, including the start and end dates.

• Rent details: Outline the amount of rent, due date, accepted payment methods, and any late fees or penalties.

• Security deposit: Define the amount, conditions for return, and any deductions that may apply.

• Maintenance and repairs: State responsibilities for maintenance, repairs, and any property alterations.

• Utilities and services: Clarify which utilities and services are included in the rent and which are the tenant's responsibility.

• Use of premises: Specify permissible uses and restrictions on the property.

• Termination and renewal: Describe conditions for lease termination, renewal procedures, and notice periods.

Additional optional clauses

While not required, a residential lease agreement may also include sections for:

• Pets policy: Define any restrictions or permissions regarding pets, including additional fees.

• Subletting: State conditions under which subletting is allowed or prohibited.

• Insurance requirements: Specify any tenant insurance requirements, such as renter’s insurance.

• Alterations and improvements: Outline procedures and permissions for any changes to the property.

• Dispute resolution: Include mechanisms for resolving disputes, such as mediation or arbitration.

When do you need a residential lease agreement?

When renting a house, condo, or apartment, both the property owner and the renter would need a residential lease agreement. This agreement is necessary to formalize the rental arrangement and cover essential aspects, ensuring clarity and legal protection for both parties.