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General Purpose of a Lease Agreement

• General Purpose. A residential lease agreement form is designed for use in the lease of apartments or home for personal (as opposed to business) use. A form system contains the following features for creation of a Residential Real Estate Lease Agreement:
  1. Name up to four tenants and two landlords;
  2. Describe the leased premises;
  3. Choose between term lease (i.e., for a set period such as one year) and a "month-to-month" lease;
  4. Set rent amount and date lease to commence;
  5. Set the security deposit and conditions for its return;
  6. Set forth which parties shall be responsible for utilities;
  7. Set forth policy of Landlord regarding pets and parking;
  8. Prevents sublease by Tenant without Landlord's approval;
  9. Select which state's laws shall apply to your lease contract.
• Under the Federal Lead Hazard Disclosure law (42 U.S.C. � 4852d), residential real estate lease agreements involving a dwelling built prior to 1978 must include a Lead-Based Paint disclosure statement. A contract template should include this language when the user indicates during the questionnaire process that the lease involves a pre-1978 dwelling. Please also note: if the Federal Lead Hazard Disclosure law applies, the Landlord is required to provide to the Tenant an EPA-approved information pamphlet concerning identifying and controlling lead-based paint hazards ("Protect Your Family From Lead In Your Home" pamphlet).
  
  Here is a link to a copy of this document: EPA pamphlet.
  
  Here is a link to additional information concerning the Federal Lead Hazard Disclosure law.

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