If you`re a landlord in California, you`ll likely need to use a month-to-month lease agreement to rent out your property. This type of lease allows the tenant to stay on a month-to-month basis rather than signing a long-term lease. However, it`s important to have a solid lease agreement in place to protect both yourself and your tenant. Here`s a sample month-to-month lease agreement that you can use as a starting point.
1. Property Information
At the beginning of the lease agreement, include the address of the property and the name of the landlord and the tenant. It`s also a good idea to include any other important details about the property, such as the number of bedrooms and bathrooms.
2. Rent and Security Deposit
Next, outline the monthly rent amount and when it`s due. You should also include information about the security deposit, including the amount and when it`s due. Be sure to outline the terms of the security deposit, including when it will be returned and any deductions that may be made.
3. Maintenance and Repairs
Your lease agreement should include information about the tenant`s responsibilities when it comes to maintenance and repairs. This should include information about who is responsible for minor repairs, such as replacing light bulbs, as well as major repairs.
Include information about which utilities are the tenant`s responsibility and which are the landlord`s responsibility. This should include information about electricity, gas, water, and garbage.
5. Termination of Agreement
Finally, include information about when the lease agreement can be terminated. This should include information about how much notice is required, as well as any other important details.
Remember, this is just a sample month-to-month lease agreement for California. You should work with an attorney to make sure that your lease agreement meets all legal requirements and protects your interests as a landlord. By having a solid lease agreement in place, you can help prevent disputes and protect your investment.