Get sufficient guidelines from this rental contract template if you are going to write a rental contract. Renting of property is a common source of income in these days and lots of people allow other peoples (tenants) to use their properties in return of a specified sum of money as rent. We can define a rental contract as a legal agreement between a landlord, property owner or real estate agents and tenant whereby a one party (landlord or property owner) gives another party (tenant) the rights to live in the mentioned property or land for a mentioned period of time in exchange of payment as rent. Rental contracts can be used for residential or commercial purpose and may be differ from each other in content and conditions. Rental contracts can be written, verbal or implied according to the situation but it is suggested by experts to always prepare a rental contract in written format to save as a solid proof of the agreement between parties. A rental agreement in written format can be served as legal evidence in courts to reconcile several issues and disputes. This Rental Contract Template is available for download.
Each rental contract has specific terms and conditions that both parties must agree to and these should be presented in easy to understand format. As we all know that rental contract is a legal document, it provides valuable benefits to involved parties as well as legal protection. So many people get services of lawyers to get their rental contracts prepared in order to avoid mistakes and errors. But if you want to format a rental contract yourself, we have a handy document for you as a rental contract template to do this simply with fewer efforts. You just need to download the rental contract template to your computer, after that you will be able to adjust the template to accomplish a faultless rental contract.