When houses or personal properties are rented out for various purposes, the owner or the landlord should take every care that the property is protected by the tenants. The first step towards that is making a contract with the tenant. A contract that is made with the tenant, stating all the terms and conditions for renting out his property makes sure that any hassles regarding the property are avoided.
A legally binding contract that is made between the owner of a property and the tenant is a rental contract.
Here is what a rental contract for personal property usually consists of:
Before you download one of the sample rental contracts for personal property that we have got, you should know what a contract such as that is usually made up of. Here are all the components of a rental contract for personal property listed out for you.
- The contract starts off with the details of the owner, the tenant and the details of the property described in detail.
- The rent, the term of stay and the end of the contract are all then listed out.
- The terms the owner wants the tenant to follow comes next after which they sign.
Sample Rental Contract for Personal Property