Sample Rental Agreement: Fill & Download for Free

What is the difference between rent and lease?When you are considering to rent out a property, you will need to decide if you wish to offer your tenant(s) a rental or a lease agreement. However, it looks that these terms are often used interchangeably, their meanings differ. Before you rent out your property, be sure to take into account the differences between a lease and a rental agreement so you can make the best choice for your situation.How are rent agreement, lease agreement, and leave and license agreement different from each other?Here are the most important differences everyone who is asking himself or herself this question should understand:Rental AgreementsRental agreements are often shorter and allow owners to rent properties that might not be desirable to long-term renters. A rental agreement differs from a lease agreement because it is not a long-term contract and usually occurs on a monthly basis. Such month-to-month lease agreement expires and then renews each month upon agreement of the parties involved. So they often have no long-term requirements. At the end of each thirty-day period, both you and your tenant are free to change the rental agreement (subject to local rental laws).Rental agreements, therefore, have more leeway. However, either the tenant or the landlord can alter the terms of the agreement at the end of the period. Think about changes like raising the rent asking the tenant to vacate the property or modifying the initial terms agreed. However, often both landlord and tenant need to mutually agree and give a period of notice before any modifications can be made. A landlord must give a proper notice to quit, however, prior to requesting the tenant leaves the property.This video shows an explanation of a sample rental agreement, that is also easy to modify for lease:Lease agreementsIn comparison to rental agreements, a lease has a set term, often for long periods of time, usually a period of 12 months, during which the tenant agrees to rent the property. A lease agreement is a contract between a landlord and a tenant that covers the renting of property, usually or more. The lease agreement is very specific in detailing the responsibilities of both parties during the lease and it includes all the necessary terms to provide protection to both parties.During the duration of the lease, both must adhere to the lease agreement. For example, tenants agree to make monthly rent payments and follow the other obligations in the lease. This ensures that the landlord cannot at random just raise the rent fee and the tenant cannot just leave the property whenever he or she wants to, without any consequence.The lease agreement is effective for the specific time mutually agreed and is then considered ended. If the tenants wish to remain in the property, both parties must enter into a new agreement. So, therefore, neither party is able to change any terms until the lease period expires. Unless both parties mutually agree to the change the terms. A lease agreement, on the other hand, is advantageous to a landlord by providing the stability of guaranteed, long-term income. It is advantageous to a tenant because it locks in the rental amount and length of lease and cannot be changed even if property or rent values rise.Leave and Licence agreementsA leave and license agreement is a specific kind of agreement wherein the licensor temporarily allows the licensee to use licensor's immovable property full or a portion of it, for the purpose of carrying business activity or residential use. A rental or lease agreement is creating a transfer of interest from the owner to the tenant. However, with a 'Leave & License,' it ensures that there is no transfer of interest from the Owner/Licensor ( person or company with exclusive legal rights over something other than selling) to the Licensee. It is a License to occupy and use the premises in the mentioned duration on mutually agreed terms.Source: Lease Rental Agreement template

Maybe 30 years ago, after an officer started writing me a speeding ticket, I posited a valid explanation. He paused, then said that he was not allowed to void it once he started. Subsequently, others said they had been told the same thing.In 1999, again, I was pulled over for speeding. After looking at my documents, the officer immediately began writing a ticket. But I laid a sob story on him anyway. After hearing it, he closed his ticket book, put it away, pulled out a different book, and wrote me a warning ticket.That sorta confirmed my suspicion i.e. that the “once I start writing a ticket I am not allowed to stop” line is just a BS statement to get people to shut up.For the full details, including the sob story, read on.I get pulled over for going 62 in a 35. Not as bad as it appears, though. It is a 3 mile stretch of level roadway, no curves. The only break is an entrance to a limestone quarry, which explains the slow speed limit… heavily laden, slow moving, turning trucks. But it was a Sunday, so the plant was closed. So my excessive speed was only a legal issue, not a safety issue.The officer was a Sherrif’s deputy. He looked like George Peppard from the A-Team; mid 50’s, trim, silver hair. So I’m thinking “ok, old school. Not some gung-ho young buck looking to write as many tickets as he can. Probably just playing out the string before retirement, no aspirations for promotion. Maybe I have a chance here” (of talking my way out of it).He asks for my license and registration. I dig out my license, inform him the car is a rental, and hand over the rental agreement, along with my license. He asks me how old I am. I resist the urge to tell him my date of birth is on my license, and just say 41.He hands back the documents. I twist to my right to stuff the rental agreement back in the glove box. I turn back to face him, and his ticket book is out, pencil dancing across the page, filling it out. Rats ass! “How did he move so fast?”, I’m thinking.My initial plan was to point out that it being a Sunday, 62 was not an unsafe speed. But now I am somewhat incredulous, watching him go after it. I was expecting him to ask why I was in such a hurry. I am thrown off my game. But I snap out of it, figure what do I have to lose, and blurt out “is there any way you could just write me a warning ticket? I could really use a break right now”.He stops writing, looks up from his pad, and says “oh yeah? How’s that?”So I begin my story. “Well, a couple of weeks ago, I had my car stolen.” He interrupts me, to say “that explains the rental”.“Yeah,” I continue, “and then, while playing with my kids in the pool, I ruptured my femoral artery, and suffered severe internal hemorrhaging. That is why I can’t bend my left leg”.He looks down at my legs, and sees my left leg extended straight out. I am 6ft 4, and show him how the seat is moved all the way back, to make it possible for me to even be sitting in the car. I then show him the difference between my blood swollen left thigh, and my skinny right thigh. (it was twice the size).Next, I hold up my left hand, which is wrapped in gauze, the thumb extended, blood seeping through the gauze. It was really quite gruesome, as I have hemophelia B, and it had been bleeding, off and on, for several days. LolI begin to tell the story about what happened. “I work over at Trinity Hardwood, delivering hardwood flooring”. Again he interrupts: “I noticed you have a commercial drivers license.”Carefull not to show my annoyance, I continue: “yeah. Well, I can’t drive with my leg like this, because I can’t operate the clutch. But they had me come in to cut some samples, something I can do standing up. My boss showed me how to operate the chop saw, what he wanted cut, and what length to make the cuts. But he failed to warn me about the danger of using a dull blade. So I’m cutting these samples, the blade getting duller and duller as I go. Finally, it kicked back on me, breaking my thumb and knocking off my thumbnail”.“Ouch!”, he says, “that musta hurt!”“It hurt like a sonofabitch!”, I reply.He leans back, rubs his chin, and says “boy, you really have had a rough time of it.”I say “yessir. Like I said, I could really use a break right now.”He says “well you know Mr. Mansfield, the reason we write these tickets is to induce people to slow down. If I thought writing you a warning ticket would do as much good as writing a regular ticket, I might be inclined to do so. How ’bout it? If I were to write you a warning ticket, would it do as much good to get you to slow down as a regular ticket?”And I say “Oh, it would do more good!”He says “More good, how do you figure that?”To which I reply “Well, if you write me a regular ticket, it’s just gonna piss me off. But if you can find it in the goodness of your heart to let me go with a warning ticket, I’ll be so grateful, I won’t want to let you down.”With that, he laughed, put away his ticket book, and wrote me out a warning.In this case, I think it was compassion that changed his mind. But it has been my experience that if I can make a cop laugh, my odds of getting off without a ticket go way up.Edit:To the police officers reading this and the comments, and I think I can speak for everybody here, we REALLY appreciate the job you all do in keeping our roads and highways safe. Heaven help us were you not out there doing your job. Also, from YOUR comments, I have learned that the policy regarding voiding tickets varies from dept. to dept.To everybody, I am enjoying reading all the comments. Even the few admonishing me for not obeying the law.

Have recently used NoBroker to rent out my flat in Powai, Mumbai and the experience was fantastic. Listing of the flat was an easy process as the information captured was quite comprehensive and I had the photographs of the flat ready. I posted the information in the afternoon and by evening the listing was live. I got 4 contact immediately in the evening and by the next day evening, the flat was rented out.Doing the agreement was the next task and Nobroker was useful for that too. The sample agreement was already there and I just had to fill in the information of the owner and tenant. Once we were final with the document, Nobroker scheduled a biometric process the next day itself. And within three days we had the agreement with us.The whole process was quite easy and I am quite impressed with the service.