Rental contract format is a formally drafted document in which the step by step method of drafting a rental contract is given. These documents are quite useful for those people who do not have a clear idea about how to frame a rental contract. A rental contract is a document which is made between a person who owns an entity or asset and the other who wishes to rent that asset for a certain period of time and by paying a certain amount of monthly rental charge. These contracts are legally binding in nature. Given below is a sample of a rental contract format.

Sample Rental Contract Format:

This contract has been made effective on __________ and shall remain into effect till __________

[Use this section to mention all the important dates of the contract]

This contract has been made by and between the parties with the following details and titles:

OWNER details:

[Use this part to give the various details of the owner of the asset such as name, address, contact number etc.]

RENTER details:

[Use this part to give the various details of the renter of the asset such as name, address, contact number etc.]

Details of the rent:

The asset to be rented: ________

Description of asset: ___________

[Use this part to give details of the object or asset to be rented]

Monthly rental charge: _______________

[Use this part to enter the monthly rental charge]

Terms and conditions:

[Use this part to write down the various terms and conditions of the contract. This must be entered in point]

Signatures:

[Use this part to get the signatures of the parties involved]

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