3,147 Downloads

The Tennessee Standard Lease Agreement consolidates the concomitant terms and permissions inherent in a property leasing accord to a legal document. A leasing arrangement on residential property is best to be secured in writing to solidify the arrangement and furnish evidence of the event. Once a listed rental attracts a possible tenant, the next step is negotiating and settling the transaction’s finer points and filling the form as needed. The document contains provisions to stipulate:

Name(s) of the Owner(s) of the Property
Name(s) of the Lessee(s) and Occupant(s)
Property Management Official(s)
Rental Payment Schedule
Lease Term
Security Deposit
Required Pet Deposits

Additional space is provided to include the residence policies, state regulatory mandates, and any associated amendments to the lease. It is suggested the contract be signed in the presence of a notary professional to ascertain a higher level of authenticity.

Rental Application – A necessary component of leasing a unit is first gathering intel on the individual wishing to rent the space. Information attained from the provided questionnaire will allow the lessor to determine the eligibility of the potential renter.