In the case of real estate or housing, a rental agreement usually provides for a rental for a short period, usually 30 days. If the tenant or lessor does not make an extract declaration, the rental contract is automatically renewed. The terms of the agreement may also be changed monthly. Anyone involved in renting real estate should have a real estate rental agreement that sets out the terms of the contract and legally protects all parties involved. These people include house managers who are looking for tenants and vice versa, social service providers looking for supportive housing, real estate agents and anyone who wants to rent or rent real estate. A lease is ideal for a tenant who cannot commit to a rental period of 12 months. In addition to the information contained in a standard contract, a full rental agreement can determine whether the property is furnished or not (with the possibility of including a description), appoint a house manager acting on behalf of the lessor and indicate whether the tenant can run a home shop on the site. This lease was entered into on Tuesday, January 22, 2019 between Jane Smith (owner) and John Doe (tenant).I. ACKNOWLEDGMENTThe lessor agrees to rent the house to the tenant under these conditions in its current stateStreet Address: ABC 123Stadt: JacksonvilleStaat / Province: FLPostal / Zip Code: 123456Land: United StatesThe tenant acknowledges the terms of this agreement and complies with them.II. Term of ContractThis house rental agreement begins on Monday, January 21, 2019 and ends on Tuesday, January 21, 2020.
Subsequently, an extension agreement for the new duration will be established. III. MONTHLY RENTThe monthly rent is $7,500.00 per month. Payment is made by cheque. The monthly rent is collected by John Doe every 15th of the month. If the tenant has not paid within five (5) days of the due date, a late fee of $500.00 will be charged.IV. . . .