A tenancy agreement contract is a document which is drafted when an individual agrees to give his property or any other asset on rent to another individual or organization in exchange for a certain amount of rental money. When these types of contracts are available for free they are known as free tenancy agreement contract. These free contracts are easily available on various websites and can be used as per needs and requirements.
Sample Free Tenancy Agreement Contract
This tenancy contract has been drafted as on this effective date of 10th of January 2012 as per the Rental Laws of the State of New Jersey between Brett Lee referred to as the landlord residing at 67 Road Side Avenue, New York, New Jersey 5689 and Ken West referred to as the tenant residing at 41 Big Clock Road, New York, New Jersey 5670.
As per the contract the landlord agrees to give the residential property owned by him to the tenant on rent. The property is located at the following address:
21 Flower Valley Road,
New York, New Jersey 7290.
This contract is valid for a period of one year that is till 9th of January 2013.
Terms and conditions:
- The rental amount required to be paid by the tenant is $1000. He has to pay the rent on the 1st day of every month. The tenant also agrees to pay the first three months’ rent in advance as deposit.
- The tenant has to ensure that no damage is caused to the property or he will have to compensate for the damage caused.
- The renewal of the contract is at the discretion of both the parties.
- The rental property can be used only for the residential purposes.
Signature of the landlord: Signature of the tenant:
Brett Lee Ken West