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.

Signatures:

Bruce Mathew                Steve Williams

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