Welcome to our dedicated page for the Occupancy Agreement Template Kentucky. This comprehensive resource is designed to help you understand and draft an effective rental agreement or lease agreement in the state of Kentucky. Whether you are a landlord looking to put together a legally binding landlord-tenant agreement, or you are a tenant searching for a clear understanding of your rights and responsibilities under a house lease, this template is an ideal starting point. It’s important to note that our provided tenant agreement, which can also serve as a broader residential lease form, or more specific
rental contract, is readily downloadable, editable and adaptable to suit your unique needs. As always, we aim to make the complex process of housing agreements as straightforward as possible for all parties involved.
THIS OCCUPANCY AGREEMENT (the “Agreement”) is made and entered into this _____ day of ____________, 20__, by and between _________________(hereinafter “Landlord”), and ________________(hereinafter “Occupant(s)”).
The premises to be occupied under this Agreement is located at: __________________________________________ (the “Premises”). The Premises will be used for residential purposes only.
The term of this Agreement shall commence on _________________, and continue (unless sooner terminated) until ________________.
Occupant agrees to pay Landlord as base rent the sum of $______ per month, due and payable monthly in advance on the 1st day of each calendar month during the term of this Agreement. The first month’s rent is required to be paid before Occupant move into the Premises.
4. SECURITY DEPOSIT
Upon the execution of this Agreement, Occupant will deposit with Landlord the sum of $______ as security for any damage caused to the Premises during the term hereof.
5. USE OF THE PREMISES
The Premises shall be used for residential purposes only. Occupant will comply with all laws and rules affecting the Premises.
6. REPAIR AND MAINTENANCE
Occupant will keep the Premises in clean, sanitary, and good condition. If Occupant causes any damage to the Premises, Occupant agrees to pay the cost to repair such damage.
Occupant is responsible for having sufficient insurance to cover all personal property located on the Premises. Landlord is not responsible for any loss to such property.
Occupant will indemnify and hold Landlord harmless from all claims, damages, and expenses arising out of Occupant’s use of the Premises.
If Occupant fails to comply with any of the material provisions of this Agreement, or of any present rules and regulations governing the Premises, Landlord may terminate this Agreement with a notice to Occupant.
10. GOVERNING LAW
This Agreement will be governed by and construed in accordance with the laws of the State of Kentucky. Any disputes under this Agreement will be handled in the local courts of the State of Kentucky.
This Agreement is binding upon and inures to the benefit of the Parties and their respective heirs, executors, administrators, successors and assigns.
**This is a legally binding contract. If not understood, seek competent legal advice before signing. **
EXHIBIT A: THE PREMISES
The Premises includes the following features: ______________________. The Premises includes the following facilities: ______________________.
NOTE: This form is intended to be a basic sample of an occupancy agreement and may not be suitable for all residential situations. Please consult with a Kentucky lawyer before executing any legally binding contract or agreement.
The Kentucky Uniform Residential Landlord and Tenant Act (URLTA), KRS 383.500 to 383.715, applies in jurisdictions that have adopted it by local ordinance. Please verify if your city or county has adopted the URLTA.
If you’re in Kentucky and looking to occupy a property, the Occupancy Agreement Template Kentucky is your go-to solution. It works hand-in-hand with other legal document templates you might need.
For instance, if you’re planning to buy a property through seller financing, the Contract for Deed Template Kentucky is perfect for you.
Looking to rent out your property instead? Check out the Contract for Rental Property Kentucky and supplement it with the Occupancy Agreement Template Kentucky.
Thinking of selling your real estate? Our Contract for Sale of Real Estate in Kentucky can guide you through the process.
If you’re dealing with commercial properties, the Commercial Lease Agreement Template Kentucky would be ideal and complete when combined with an occupancy agreement.
Lastly, if you’re renting out just a room in your house or flat, the Room Rental Agreement Template Kentucky together with the Occupancy Agreement Template Kentucky helps ensure everything is legally sound.