If the offer is accepted under certain conditions, the lessor will continue and ask the tenant to complete a rental application and pay a small fee (usually only to cover the costs of demonstrating the property and conduct a substantive examination). Unlike a long-term lease, a lease offers a lease for a shorter term – usually 30 days. Use the ezLandlord Lease Builder to create your state-specific lease by clicking on one of the lease types shown below on this page. Some are only premium. We offer a simple and free rental form, which is also specific to the state, but we recommend that you pay attention to the types of legal supplements that may be required in your country. If there are, these are referenced in your free rental form so you can know if you need to upgrade. All necessary additions are included in our basic premium package. Premium also gives you the added convenience of using eSign to electronically collect rental signatures. The difference between a lease and a lease is the duration of the contract. Leases are usually long-term contracts (12 to 24 months), while leases are usually short-term (a few weeks or months). In most cases, you need to visit the property with potential tenants.
Depending on market conditions and location, condition and amenities, you may receive several potential tenants who submit an oral offer to you. For each interested party, you must submit a printed or electronic rental application form in which they must provide all their personal contact, rental history, employment and income information as well as all references. ezLandlordForms offers a free rental request form that you can print and put on it. Normally, you also want to collect an application fee to cover the cost of ordering criminal background checks and credit history checks for at least the principal applicant (if there is more than one). Use a monthly lease if you don`t want to commit to renting your property for a full year or more, but still need to protect your rights. Using a monthly lease allows you (and your tenant) to be flexible. Receipt of Agreement – The rental agreement is not valid unless all parties have received and confirmed the rental agreement. Make sure that all parties have received a copy and that the form becomes legally valid. TIP: It is recommended that you check the rental laws of your country for more information if you want to sign a long-term lease.