California realtors lease agreement. Commercial lease agreement form california association of realtors california is often used in commercial lease agreement lease agreement template agreement template and business. Any holding over after the term of this agreement expires with landlords consent shall create a month to month tenancy which either party may terminate as specified in paragraph 2a. It is highly recommended that the landlord conduct a background check on any applicant see the rental application due to information that can be uncovered that could sway the landlords decision on accepting the new tenant. Commercial lease agreement form california association of realtors california.
When signed and dated by the involved parties it allows the tenant to take legal possession of the property. Page 1 of 6 residential lease or month to month rental agreement lr page 1 of 6 phone. Find zipform legal articles and advice ce training marketing materials and more. This document lets you have total control over the lease of your residential property.
The agreement will describe the property specify the monthly rent and list any other terms or conditions of the parties. A california lease agreement is a legally binding real estate contract between the landlord or property management company and the tenants. The california standard residential lease agreement is structured around a one 1 year term in which the tenant is legally bound to pay a monthly rent to maintain residency. Form lr revised 1215.
This agreement assumes that within a given time period of time a certain amount of currency will be given to the landlord by the tenant in exchange for the right to maintain a residence on the property. A real estate trade association to develop and promote programsservices that enhance a members ability to conduct business with integrity and competency. The most common type is the standard 12 month term but the parties may be able to negotiate any agreement as agreed upon. The california standard lease agreement is a form contract which contains specific terms that a landlord and tenant agree to when a property or part of a property is rented to that tenant.
The california lease agreements allow a landlord of residential or commercial property to write a legally binding contract with a tenant. Rent shall be at a rate equal to the rent for the immediately preceding month unless otherwise. The california residential lease agreement is a legal document template that you can use when you want to lease your residential apartment to a tenant this form is only applicable in california.