A condo rental contract is a written document that is made between the owner of the condo and the tenant who wishes to occupy the condo for a fixed period of time and by paying a rental charge. This document contains the terms and conditions which are mutually decided by both the parties and signed by enough consideration.
Sample condo rental contract
This contract comes into effect on the date: 2nd Feb, 2011
This agreement is made between two parties called the OWNER and the TENANT.
Details of TENANT
Name: Mr. Bruce Mathew is here in referred to as the TENANT
Phone number: 437367395720
Details of the OWNER
Name: Mr. Steve Williams
Phone number: 485340958405
Address: D-7, second floor, Henry square, LA
Details of the condo
Address of the condo: 4-R, first floor, Greg district, LA
The total amount to be paid by TENANT to OWNER: $2000
The amount shall be paid in equal monthly instalments. Each instalment must be paid on the first of each month.
Late charges: $150 per month
Duration of contract: 12 months
Terms and conditions:
- The TENANT agrees to pay the rental charge to the OWNER on time to avoid the late charges.
- The OWNER agrees to rent the condo to the TENANT for a period of 12 months
- The TENANT shall in no situation or condition sublease the Condo to any other party without written permission granted from the OWNER.
- The TENANT can avail services like water supple and electricity.
Bruce Mathew Steve Williams