Create a comprehensive residential lease with state-specific compliance
Creating a legally binding lease agreement protects both landlords and tenants. Follow these essential steps to ensure your lease meets legal requirements and covers all necessary terms.
Feature | Residential Lease | Commercial Lease | Month-to-Month |
---|---|---|---|
Typical Duration | 1 year | 3-10 years | Monthly |
Security Deposit | 1-2 months rent | 3-6 months rent | 1 month rent |
Tenant Protections | Strong legal protections | Limited protections | Moderate protections |
Maintenance Responsibility | Landlord handles most | Tenant handles most | Landlord handles most |
Rent Increases | At renewal only | Built-in escalations | 30-60 day notice |
Early Termination | Penalties apply | Rarely allowed | Easy with notice |
Customization Rights | Very limited | Extensive | Very limited |
Negotiation Flexibility | Low | High | Moderate |