You can download and edit this Rental Contract to suit your unique needs. Remember, a clear and thorough property rental agreement is essential in safeguarding both party’s interests.
RESIDENTIAL LEASE AGREEMENTTHIS LEASE AGREEMENT (“Lease”) made and entered into this [Day] of [Month], [Year], by and between [Landlord’s Name], located at [Landlord’s Address] (“Landlord”), and [Tenant’s Name], located at [Tenant’s Address] (“Tenant”).
1. PREMISES:The Landlord rents to Tenant and Tenant rents from Landlord, the premises located at [Property Address]. The premises will be used for residential purposes only.
2. TERM:The initial term of this Lease will begin on [Start Date], and will terminate on [End Date]. Thereafter, the Lease will continue on a month-to-month basis until either Landlord or Tenant terminate this Lease with written notice.
3. RENT:Tenant agrees to pay [Rent Amount] per month, due on the 1st day of each calendar month.
4. SECURITY DEPOSIT:Upon execution of this Lease, Tenant will deposit with Landlord the sum of [Security Deposit Amount] as security for any damage caused to the Premises during the term hereof.
5. REPAIR AND MAINTENANCE:Tenant will keep the Premises in clean, sanitary, and good condition.
6. INSURANCE:Tenant will maintain adequate insurance to cover any personal injury or property damage that may occur on or about the Premises.
7. INDIANA LAW:This Lease will be governed by and construed in accordance with the laws of the state of Indiana.
8. ENTIRE AGREEMENT:This Lease contains the complete agreement between Landlord and Tenant and cannot be changed except by written agreement.
LANDLORD:[Landlord’s Name] __________________________ Signature Date:_____________________
TENANT:[Tenant’s Name] __________________________ Signature Date:_____________________
If you’re looking to purchase property in Indiana, consider using this Indiana Contract for Deed template after finalizing your Contract For Rental Property.