Residential Lease Agreement

What type of lease is this?

What type of lease is this? Standard Lease (start and end dates)Month-to-Month Lease

When is the Start Date?

Start Date

End Date

What will happen at the END of the lease?

What will happen at the END of the lease? The Tenant will be required to move-out (unless a new agreement is made).It will convert to a month-to-month lease.

What is the required NUMBER (#) OF DAYS to terminate the lease?

Days

Under Vermont law, the minimum termination period is 60 days. If the Tenant remains on the property for more than 2 years, the termination date extends to 90 days' notice.

Type of Property:

Type of Property: ApartmentCondominiumHouseRoom in a Shared Living SituationOther (specify)

Type of Residence

What is the Property Address?

Street Address

Address Line 2

City

State

ZIP Code

Will the Property Address ALSO be used for notices sent to the Tenant?

Will the Property Address ALSO be used for notices sent to the Tenant? YesNo

For example, if the Landlord is to send a notice for late rent.

Do you want to enter a NEW ADDRESS for notices to be sent (to the Tenant)?

Do you want to enter a NEW ADDRESS for notices to be sent (to the Tenant)? YesNo

Highly recommended if the Property Address is not used as the address for notices.

What is the Address for the Tenant to receive notices?

Street Address

Address Line 2

City

State

ZIP Code

Property Details

How many Bedrooms?

A bedroom is an entirely walled-in room for sleeping. For example, if the living room has a bed, it is not considered a bedroom.

How many Bathrooms?

A half bathroom (0.5) includes a toilet (only) and does not have a shower or bath.

Is the property Furnished?

Is the property Furnished? YesNo

A furnished property generally includes a bed, couch, desk, and other furniture provided by the Landlord.

Property will be furnished with:

Property will be furnished with: Bedroom Set (e.g., bed frame, mattress, nightstand, etc.)Dining Room Set (e.g., dining table and chairs)Kitchen Set (e.g., utensils, pots, pans, plates, etc.)Living Room Set (e.g., television, couch, chairs, etc.)Rugs and CarpetsShelving Units (e.g., bookcase, organizer, etc.)Other (specify)

List any additional furnishings:

Will the Landlord provide any Appliances or Fixtures?

Will the Landlord provide any Appliances or Fixtures? Yes (most common)No

Such as a refrigerator, microwave, dishwasher, washer/dryer, etc.

Select the following Appliances and Fixtures:

Select the following Appliances and Fixtures: Air ConditionerBoilerDishwasherDryer (laundry)Fan(s)FurnaceGarage Door OpenerGarbage DisposalHeat Pump(s)Hot Water HeaterHVAC EquipmentIron (for Clothes)Lighting FixturesMicrowaveOutdoor GrillOvenRefrigeratorSmoke Detector(s)StoveThermostats and ControlsWasher (laundry)Other (specify)

List any additional appliances or fixtures:

Parking

Is Parking provided by the Landlord?

Is Parking provided by the Landlord? YesNo

Whether it is part of the rent or paid separately.

How many Parking Spaces?

Parking Space(s)

Would you like to describe the Parking arrangement?

Would you like to describe the Parking arrangement? YesNo

For instance, if the parking is assigned to a specify location or parking number within the parking space or lot.

Describe the parking arrangement:

Is there a Parking Fee?

Is there a Parking Fee? YesNo

This is an additional cost and separate from the Rent.

Parking Fee is for:

Parking Fee is for: Each Parking SpaceAll of the Parking Spaces

It is paid as a:

It is paid as a: One (1) time paymentMonthly payment

What is the Parking Fee?

The Landlord

Who is the Landlord?

Who is the Landlord? Business EntityIndividual(s)

How many Individuals?

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Name

First

Last

Landlord's Business Entity Name

Who is SIGNING on behalf of the Business Entity?

First

Last

Title of Individual

Title of Individual CEOPresidentVice PresidentOfficerOther (specify)

Title

What is the Landlord's Address?

Street Address

Address Line 2

City

State

ZIP Code

Can this Mailing Address ALSO be used for notices to the Landlord?

Can this Mailing Address ALSO be used for notices to the Landlord? YesNo

For example, if the Tenant is required to send legal notice to the Landlord.

Landlord's Address for Notices:

Street Address

Address Line 2

City

State

ZIP Code

Contact Info

Landlord's Phone Number (optional)

Landlord's E-Mail (optional)

The Tenant

Who is the Tenant?

Who is the Tenant? Business EntityIndividual(s)

How many Individuals?

This is the number (#) of individuals named and liable for the lease agreement.

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Name

First

Last

Tenant's Business Entity Name:

Who is SIGNING on behalf of the Business Entity?

First

Last

Title of Individual

Title of Individual CEOPresidentVice PresidentOfficerOther (specify)

Title

Occupants

Will there be Occupants living on the Property (other than the Tenants)?

Will there be Occupants living on the Property (other than the Tenants)? YesNo

Such as the Tenant's children or relatives.

How many Occupants?

Remember, this does not include the Tenants.

Name of 1st Occupant

First

Last

Name of 2nd Occupant

First

Last

Name of 3rd Occupant

First

Last

Name of 4th Occupant

First

Last

Name of 5th Occupant

First

Last

Name of 6th Occupant

First

Last

Name of 7th Occupant

First

Last

Name of 8th Occupant

First

Last

Name of 9th Occupant

First

Last

Name of 10th Occupant

First

Last

Rent

What is the Monthly Rent?

$/ month

Due Date

When is Rent Due?

day of each month

The preferred method of payment is:

The preferred method of payment is: ACH - An electronic payment made directly from the Tenant's bank accountSending to the Landlord's Mailing AddressPayPalVenmoOther (specify)

What is the Landlord's PayPal?

What is the Landlord's Venmo?

What is the Landlord's Venmo? E-MailTelephone NumberUsername

Venmo Telephone Number:

Venmo Username:

Venmo E-Mail:

Describe the Landlord's payment instructions:

Provide a detailed description.

Security Deposit

Is a Security Deposit required?

Is a Security Deposit required? Yes (recommended)No

A security deposit is an amount of money paid at the start of a lease and is generally equal to one (1) month's rent. It is held by the Landlord and returned to the Tenant at the end of the lease, provided there is no damage to the property.

Is the Security Deposit equal to one (1) month's rent?

Is the Security Deposit equal to one (1) month's rent? YesNo

Under Vermont law, there is no State maximum to how much the Landlord can charge the Tenant for a security deposit.

What is the Security Deposit?

The Landlord agrees to return the Security Deposit within:

Days

Under Vermont law, the Landlord must return the security deposit within 14 days.

First (1st) Month's Rent

Is the 1st Month's Rent required when signing this lease?

Is the 1st Month's Rent required when signing this lease? YesNo

Pre-Payment of Rent

Is the Tenant required to pre-pay future rent?

Is the Tenant required to pre-pay future rent? YesNo

This DOES NOT include the first (1st) month's rent.

Select the START and END dates for the pre-payment:

For example, if the Tenant is paying the first 6 months, choose the 31st day of the 6th month.

What is the Pre-Payment Amount?

Non-Sufficient Funds (NSF)

If any payment is made by check, will there be an NSF fee?

If any payment is made by check, will there be an NSF fee? YesNo

What is the NSF Fee?

Under Vermont law, there is no maximum fee a Landlord can charge for a bad check. The common fee is $20-35.

Late Fee

If rent is paid late, will there be a Late Fee?

If rent is paid late, will there be a Late Fee? Yes (recommended)No

Rent is considered "late"

after theday it's due

Rent is considered late the 1st day after rent is due in Vermont. There is no rent grace period.

Late Fee is charged:

Late Fee is charged: Per occurrence rent is lateEach day rent is late

Late Fee will be:

Late Fee will be: A Dollar ($) AmountA Percentage (%) of the RentOther (specify)

Under Vermont law, the late fee must be “reasonable.”

What is the percentage?

% of the monthly rent amount

What is the Late Fee?

Early Termination (Sale of Property)

If the Landlord sells the property, will the new owner have the right to CANCEL this lease?

If the Landlord sells the property, will the new owner have the right to CANCEL this lease? YesNo

It is common for the Tenant to have the right to stay on the property.

How much notice will the new owner have to give the Tenant?

Days

It is highly recommended to give the Tenant at least 30 days to move-out.

Early Termination (Tenant)

Will the Tenant be able to CANCEL this lease before it ends?

Will the Tenant be able to CANCEL this lease before it ends? YesNo

Usually, the Landlord DOES NOT allow the TenanT to terminate their lease early. If the Landlord does allow termination, there is a "Cancellation Fee" involved.

To cancel, the Tenant must provide:

Days

Generally between 30 to 60 days' notice.

Will there be a Cancellation Fee?

Will there be a Cancellation Fee? YesNo

This is the fee required to cancel the lease.

What is the Cancellation Fee?

Proration

Will the Tenant be moving into the property BEFORE the lease starts?

Will the Tenant be moving into the property BEFORE the lease starts? YesNo

For example, if the lease starts on June 1, but the Tenant is able to move in 10 days prior. This is known as the "proration period" and the Tenant is commonly charged the equivalent of the monthly rent.

Enter when the Tenant can move-in:

What will be the payment for the proration period?

For example, if the monthly rent is $1,000 and the Tenant would like to move in 5 days early, the Tenant will be required to pay $166.66.

Calculation

It is $166.66 because dividing the rent of $1,000 by 30 days totals a rental amount of $33.33 per day. Multiply $33.33 by 5 days and it equals $166.66.

Option to Purchase

Will the Tenant have an OPTION to purchase the property?

Will the Tenant have an OPTION to purchase the property? YesNo

This allows the Tenant to buy the property, at any time during the lease period, for a specified purchase price.

What is the Purchase Price?

Deposit Amount

The deposit amount would be paid after the Tenant exercises their option to buy the property. The deposit amount usually gets deposited into an escrow account and credited towards the purchase price at closing.

Move-in Inspection

Will the Landlord and Tenant conduct a move-in inspection?

Will the Landlord and Tenant conduct a move-in inspection? YesNo

A move-in inspection is not required in Vermont.

Utilities & Services

Does the Landlord provide any Utilities or Services (included in the rent)?

Does the Landlord provide any Utilities or Services (included in the rent)? Yes (most common)No

For example, if the Landlord will provide water/sewer, internet, cable, etc.

Select the following Utilities and Services:

Select the following Utilities and Services: CableElectricityHeating OilInternet and WiFiLawn CareNatural GasPhoneRenter's InsuranceSewerSnow RemovalTrash RemovalWaterOther (specify)

Landlord provides:

Pets

Are pets allowed?

Are pets allowed? YesNo

What is the maximum number (#) of pets allowed?

Pet(s)

It is common for a maximum of 1 or 2 pets allowed to limit the risk of property damage.

Select the allowed pets:

Select the allowed pets: BirdsCatsDogsFarm AnimalsFishHamstersLivestockRabbitsReptilesOther (specify)

Enter any additional types:

Is there a pet weight limit?

Is there a pet weight limit? YesNo

For each pet.

What is the maximum weight per pet?

Pounds (Lb)

Will there be a Pet Deposit?

Will there be a Pet Deposit? YesNo

This is separate from the security deposit.

What is the Pet Deposit?

The Pet Deposit is:

The Pet Deposit is: per PetFor ALL the Pets

Is the Pet Deposit refundable?

Is the Pet Deposit refundable? Yes, it is refundable ONLY if there is no damage caused by the pet.No, it is non-refundable.

Smoking Policy

Is smoking allowed on the property?

Is smoking allowed on the property? YesNo

Where is smoking allowed?

Where is smoking allowed? Anywhere on the propertyOnly in specific areas (specify)

Smoking is permitted in the following areas:

Subletting

Is subletting allowed?

Is subletting allowed? YesNo

By selecting Yes, the Tenant(s) would be allowed to re-rent the property to someone else.

By selecting No, the Tenant would ONLY be able to re-rent the property with the Landlord's written permission.

Guests

Are guests allowed to stay on the property longer than 48 hours?

Are guests allowed to stay on the property longer than 48 hours? YesNo

It is common to allow guests for up to 48 hours.

What is the MAXIMUM timeframe?

Waterbeds

Are waterbeds allowed?

Are waterbeds allowed? YesNo

Due to the liability of waterbeds, they are commonly not allowed.

Property Management

Is there a Property Manager?

Is there a Property Manager? YesNo

A property manager is also known as a "super" or "superintendent."

Who is the Property Manager?

Who is the Property Manager? a Management Companyan Individual

Name of Property Manager:

First

Last

Name of Management Company:

Property Manager Mailing Address

Street Address

Address Line 2

City

State

ZIP Code

Phone Number

E-Mail

Lead-Based Paint

Was the property built before 1978?

Was the property built before 1978? YesNo

Federal law requires all housing units built before 1978 to have a Lead-Paint Disclosure attached to the Lease Agreement. If you are unsure, you should choose Yes to ensure compliance.

Do you acknowledge that the "Protect Your Family From Lead in Your Home Brochure" will be given to the Tenant?

Do you acknowledge that the "Protect Your Family From Lead in Your Home Brochure" will be given to the Tenant? Yes

Download: Protect Your Family From Lead in Your Home

Agent Representation

Was a real estate agent involved in connecting the Tenant and Landlord?

Was a real estate agent involved in connecting the Tenant and Landlord? YesNoYes, but I don't want to mention

How many real estate agents were used?

How many real estate agents were used? 12

Real Estate Agent's Name

First

Last

Agency's Name

Who did the real estate agent represent?

Who did the real estate agent represent? the Landlordthe TenantBoth Landlord and Tenant

This will also be the party who is responsible for payment of the Real Estate Agent's commission, if any.

Who did the real estate agent represent?

Who did the real estate agent represent? the Landlordthe Tenant

2nd Real Estate Agent's Name

First

Last

2nd Agency's Name

Who did the 2nd real estate agent represent?

Who did the 2nd real estate agent represent? the Landlordthe Tenant

This will also be the party who is responsible for payment of the Real Estate Agent's commission (if any).

Co-Signer

Will there be a Co-Signer to this lease?

Will there be a Co-Signer to this lease? YesNo

The co-signer, also known as a "guarantor," is added to the lease if the Tenant has poor credit or an inconsistent financial history. The co-signer will be responsible for the payment of rent if it is not paid by the Tenant and for any damage to the property caused by the Tenant.

How many Co-Signers?

Co-Signer's Name

First

Last

2nd Co-Signer's Name

First

Last

3rd Co-Signer's Name

First

Last

4th Co-Signer's Name

First

Last

5th Co-Signer's Name

First

Last

Additional Terms & Conditions

Are there any Additional Terms or Conditions to this lease?

Are there any Additional Terms or Conditions to this lease? YesNo

This is the last chance to enter any rules or side-agreements made between the Landlord and Tenant.

Additional Terms & Conditions:

Effective Date

Do you know the Effective Date of this lease?

Do you know the Effective Date of this lease? YesNo

The effective date is NOT the start date. It is the date this agreement was written and agreed upon by the Landlord and Tenant.

Effective Date

Usually today's date.

Save and finish later

Vermont Residential Lease Agreement

Property Details

Parking

The Landlord

Contact Info

The Tenant

Occupants

Rent

Due Date

Security Deposit

First (1st) Month's Rent

Pre-Payment of Rent

Non-Sufficient Funds (NSF)

Late Fee

Early Termination (Sale of Property)

Early Termination (Tenant)

Proration

Option to Purchase

Move-in Inspection

Utilities & Services

Pets

Smoking Policy

Subletting

Guests

Waterbeds

Property Management

Lead-Based Paint

Agent Representation

Co-Signer

Additional Terms & Conditions

Effective Date