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Using the free Tennessee rental and lease agreement template, a landlord and lessee can create an agreement for using a space for business or habitation. After a potential occupant has inspected the property and deemed it fit for their use, they will complete a rental application that allows the landlord to obtain their employment status and background information. Once the contract is signed by both the landlord and tenant, it becomes legally binding.
Commercial Rental Lease Agreement– This is a lease agreement that’s employeed to between a landlord and a tenant that’s using property for business purposes. The use requirements can vary from office space to industrustrial manufacturing space.
Monthly Rental lease Agreement (§ 66-28-512) – This type of tenancy may be terminated by the occupant or the lessor. Before it can be terminated, either party must give the other party at least thirty days notice.
Rent-to-Own Rental Agreement – A leasing agreement allowing a tenant to purchase the said premises at a price agreed on by both landlord and tenant.
Roommate Lease Agreement – An accord for individuals in a shared housing situation as to how common areas like the living room, and the kitchen would be managed and maintained, and the bearing of responsibilities for expenses in service of the dwelling.
Standard Residential Rental Contract – This is a popular type of residential lease agreement that has a fixed term lasting for at least one year or more. It offers many protections to the tenant so the landlord should perform due diligence before establishing this type of agreement.
Sublease Rental Contract – A type of tenancy that has a lessee bringing in a new tenant to occupy their space for the remainder of the contract lease. It also comes in two forms: a commercial sublease and a residential sublease. The lessor may be required to approve this arrangement.
Agent Identification (§ 66-28-302) – Persons authorized to enter the property have to be mentioned in the lease agreement. In addition, their official address is required in the agreement for legal purposes.
Lead-Based Paint Information – Landlords are required to notify tenants, only for residences built before 1978, of the presence of hazardous lead-based paint, if any, on the property, and lessor and lessees must sign this disclosure.
Showings (§ 66-28-403) – If the lessor would like to take the prospective occupants on a walkthrough of the property before the lessee’s contract is due it has to be mentioned that the lessor has the right within the last thirty days before the expiration of the tenancy. The lessor is required to provide a minimum of twenty-four hours notice per occasion.
No statutes demand that the lessor provides notice to the occupant for repairs or maintenance reasons. (§ 66-28-403).
Maximum – No limit.
Returning (§ 66-28-301) – Funds about security deposits are required to be returned to the occupant within thirty days after the property has been repossessed by the landlord.