Here, we provide a versatile template structured in adherence to the property laws of Maryland, meant to govern the terms between a landlord and tenant.
This template is fully customizable and can be downloaded, edited, and adapted according to your personal or professional needs.
Feel free to explore this tool designed for clarity in occupancy agreements within the state of Maryland.
OCCUPANCY AGREEMENTTHIS OCCUPANCY AGREEMENT (the “Agreement”) is made and entered into this _____ day of ___________, 20_____, by and between _______________(the “Property Owner”), and _______________(the “Occupant”).
1. PROPERTYThe property is located at _______________________, Maryland, (the “Property”) including any personal property located thereon. The property will be used for residential purposes only.
2. TERMThe initial term of this Agreement will start on _______________________ and will continue until _______________________. Thereafter, the Agreement will continue on a month-to-month basis until either the Property Owner or the Occupant terminates this Agreement with written notice.
3. RENTThe monthly rent for the Property is _______________ dollars ($_______), payable on the first day of each calendar month.
4. SECURITY DEPOSITUpon the execution of this Agreement, Occupant will deposit with Property Owner the sum of _______________ dollars ($_______) as security for any damage caused to the Property during the term of the Agreement.
5. USE OF PROPERTYThe property shall be used for residential purposes only. The Occupant will comply with all laws and rules affecting the Property.
6. REPAIR AND MAINTENANCEThe Occupant will keep the Property in clean, sanitary, and good condition. If the Occupant causes any damage to the Property, the Occupant agrees to pay for any necessary repairs.
7. INSURANCEThe Occupant is responsible for having sufficient insurance to cover all personal property located on the Property. The Property Owner will not be responsible for any damage to the Occupant’s personal property.
8. DEFAULTIf Occupant fails to comply with any of the material provisions of this Agreement, or of any present rules and regulations governing the Property, Property Owner may terminate this Agreement upon providing proper notice to Occupant.
9. TERMINATIONUpon termination of this Agreement, Occupant will return the Property and all property of Property Owner in a clean and good condition.
10. GOVERNING LAWThis Agreement shall be governed by and construed in accordance with the laws of the State of Maryland.
11. ENTIRE AGREEMENTThis Agreement contains the entire agreement of the parties and there are no other promises or conditions in any other agreement whether oral or written. This Agreement supersedes any prior written or oral agreements between the parties.
12. AMENDMENTThis Agreement may be modified or amended if the amendment is made in writing and is signed by both parties. We, the undersigned, agree to this Occupancy Agreement: __________________________ ______________________ (Property Owner) (Date) __________________________ ______________________ (Occupant) (Date)
Note: This Agreement does not create a landlord-tenant relationship between the parties and should not be used as a substitute for a Residential Lease Agreement. Always consult with a lawyer before entering into any legally binding contract.
Whether you’re looking to sell, rent or lease, establishing a clear and well-defined agreement is crucial in any real estate transaction in Maryland. The Occupancy Agreement Template Maryland can be a pivotal tool for setting the terms and conditions of this type of arrangement.
On the other hand, if you’re considering selling your property in Maryland, the Contract for sale of real estate in Maryland can provide you with a solid legal foundation for your agreement. This could be complemented by the Contract for deed template Maryland which outlines the seller financing terms during a property sale.
For landlords, there are also valuable resources like the Contract for rental property Maryland, or the more specific Room rental agreement template Maryland, both designed to safeguard your rights and responsibilities as a property owner.
For those looking to engage in commercial leasing, the Commercial lease agreement template Maryland could be your go-to resource, offering comprehensive terms tailored towards business rentals.
The related documents include: