If your office is sending you to another city for a specific assignment for short duration, say few weeks or 2-3 months, how could you solve your residential problem in that city? You can rent a house or apartment in month to month lease.
A Month to Month Lease means, where the rent is payable monthly, and Lease can be modified or ended every month, after giving due notice to the tenant. The common procedure to give notice is 30 days in advance. By the end of the notice period, the landlord may ask the tenant to pay more rent or vacate the leased property. Similarly, the tenant can give the notice and mover out of the leased property.
But, it is also necessary that, renting a house or apartment on month to month lease necessitates entering into a written Month to Month Lease Agreement, between the tenant/lessee and landlord/leaser. The reason for written Agreement, lies on the fact that, oral Agreement are not legally binding and can not be accepted in the court of law for dispute settlement whereas, written document are legally binding on both parties and can be produced in the court of law at the time of requirements
Month to Month Lease also has advantages for the landlord, as well as tenant.
The basic feature of Month to Month Lease Agreement includes following clauses, along with numerous other provisions:
With such Agreement, the landlord and tenant both understand their duties and responsibilities of the tenancy and act within the parameter of the clauses recorded in the agreement.
You can use below given Month to Month Lease Agreement Form template for your use, when you rent your property to tenant on month to month basis.
Month-to-Month Residential Rental Agreement
Clause 1. Identification of Landlord and Tenant
This Agreement is entered into between ___________________________(“Tenant”) and ___________________________(“Landlord”). Each Tenant is jointly and severally liable for the payment of rent and performance of all other terms of this Agreement.
Clause 2. Identification of Premises
Subject to the terms and conditions in this Agreement, Landlord rents to Tenant, and Tenant rents from Landlord, for residential purposes only, the premises located at ___________________________ (“the premises”), together with the following furnishings and appliances:________________________
Rental of the premises also includes: _______________________
Clause 3. Limits on Use and Occupancy
The premises are to be used only as a private residence for Tenant(s) listed in Clause 1 of this Agreement and the following minor children: __________________________
Occupancy by guests for more than __________ is prohibited without Landlord’s written consent and will be considered a material breach of this Agreement.
Clause 4. Term of the Tenancy
The term of the rental will begin on __________________________ and continue on a month-to-month basis. Landlord may terminate the tenancy or modify the terms of this Agreement by giving the Tenant __________ days written notice. Tenant may terminate the tenancy by giving the Landlord __________ days written notice.
Clause 5. Payment of Rent
Regular monthly rent.
Tenant will pay to Landlord a monthly rent of $ _____________ payable in advance on the first day of each month, except when that day falls on a weekend or a legal holiday, in which case rent is due on the next business day. Rent will be paid in the following manner unless Landlord designates otherwise:
Delivery of payment.
Rent will be paid:
[ ] by mail, to _________________________
[ ] in person, at _______________________
Form of payment.
Landlord will accept payment in these forms:
[ ] personal check made payable to ________________________
[ ] cashier’s check made payable to ________________________
[ ] credit card.
[ ] money order.
[ ] cash.
[ ] other (specify, such as credit card or automatic debt): __________________
Prorated first month’s rent.
For the period from Tenant’s move-in date__________________________ through the end of the month, Tenant will pay to Landlord a prorated monthly rent of $ _______________ This amount will be paid on or before the date the Tenant moves in.
Clause 6. Late Charges
If Tenant fails to pay the rent in full before the end of the _______ day after it’s due, Tenant will pay Landlord a late charge of $ _______________, plus $ _______________ for each additional day that the rent remains unpaid. The total late charge for any one month will not exceed $_______________. Landlord does not waive the right to insist on payment of the rent in full on the date it is due.
Clause 7. Returned Check and Other Bank Charges
If any check offered by Tenant to Landlord in payment of rent or any other amount due under this Agreement is returned for lack of sufficient funds, a “stop payment” or any other reason, Tenant will pay Landlord a returned check charge of $ _______________
Clause 8. Security Deposit
On signing this Agreement, Tenant will pay to Landlord the sum of $ _______________ as a security deposit. Tenant may not, without Landlord’s prior written consent, apply this security deposit to the last month’s rent or to any other sum due under this Agreement. Within _______________ after Tenant has vacated the premises, returned keys and provided Landlord with a forwarding address, Landlord will return the deposit in full or give Tenant an itemized written statement of the reasons for, and the dollar amount of, any of the security deposit retained by Landlord, along with a check for any deposit balance.
Other details on security deposit: ___________________________
Clause 9. Utilities
Tenant will pay all utility charges, except for the following, which will be paid by Landlord:
__________________________________________
__________________________________________
Clause 10. Assignment and Subletting
Tenant will not sublet any part of the premises or assign this Agreement without the prior written consent of Landlord.
Clause 11. Tenant’s Maintenance Responsibilities
Tenant will:
a. keep the premises clean, sanitary and in good condition and, upon termination of the tenancy, return the premises to Landlord in a condition identical to that which existed when Tenant took occupancy, except for ordinary wear and tear and any additions or alterations authorized by Landlord
b. immediately notify Landlord of any defects or dangerous conditions in and about the premises of which Tenant becomes aware, and
c. reimburse Landlord, on demand by Landlord, for the cost of any repairs to the premises damaged by Tenant or Tenant’s guests or business invitees through misuse, accident or neglect.
Tenant has examined the premises, including appliances, fixtures, carpets, drapes and paints, and has found them to be in good, safe and clean condition and repair, except as noted in the Landlord-Tenant Checklist.
Clause 12. Repairs and Alterations by Tenant
a. Except as provided by law or as authorized by the prior written consent of Landlord, Tenant will not make any repairs or alterations to the premises, including nailing holes in the walls or painting the rental unit.
b. Unless authorized by law, Tenant will not, without Landlord’s prior written consent, alter, re-key or premises or install or alter any burglar alarm system. Tenant will provide Landlord with a key or keys capable of unlocking all such re-keyed or new locks as well as instructions on how to disarm any altered or new burglar alarm system.
Clause 13. Violating Laws and Causing Disturbances
Tenant and guests or invitees will not use the premises or adjacent areas in such a way as to:
a. violate any law or ordinance, including laws prohibiting the use, possession or sale of illegal drugs
b. commit waste (severe property damage), or
c. create a nuisance by annoying, disturbing, inconveniencing or interfering with the quiet enjoyment and peace and quiet of any other tenant or nearby resident.
Clause 14. Pets
No animal, bird or other pet will be kept on the premises, even temporarily, except properly trained dogs needed by blind, deaf or disabled persons and__________________
under the following conditions: __________________________
Clause 15. Landlord’s Right to Access
Landlord or Landlord’s agents may enter the premises in the event of an emergency, to make repairs or improvements or to show the premises to prospective buyers or tenants. Landlord may also enter the premises to conduct an annual inspection to check for safety or maintenance problems. Except in cases of emergency, Tenant’s abandonment of the premises, court order or where it is impractical to do so, Landlord shall give Tenant __________ notice before entering.
Clause 16. Extended Absences by Tenant
Tenant will notify Landlord in advance if Tenant will be away from the premises for _______ or more consecutive days. During such absence, Landlord may enter the premises at times reasonably necessary to maintain the property and inspect for needed repairs.
Clause 17. Possession of the Premises
a. Tenant’s failure to take possession.
If, after signing this Agreement, Tenant fails to take possession of the premises, Tenant will still be responsible for paying rent and complying with all other terms of this Agreement.
b. Landlord’s failure to deliver possession.
If Landlord is unable to deliver possession of the premises to Tenant for any reason not within Landlord’s control, including but not limited to partial or complete destruction of the premises, Tenant will have the right to terminate this Agreement upon proper notice as required by law. In such event, Landlord’s liability to Tenant will be limited to the return of all sums previously paid by Tenant to Landlord.
Clause 18. Tenant Rules and Regulations
Tenant acknowledges receipt of, and has read a copy of, tenant rules and regulations, which are attached to and incorporated into this Agreement by this reference.
Clause 19. Payment of Court Costs and Attorney Fees in a Lawsuit
In any action or legal proceeding to enforce any part of this Agreement, the prevailing party [ ] shall not [ ] shall recover reasonable attorney fees and court costs.
Clause 20. Disclosures
Tenant acknowledges that Landlord has made the following disclosures regarding the premises:
[ ] disclosure of information on lead-based paint and/or lead-based paint hazards
[ ] other disclosures: _________________________
Clause 21. Authority to Receive Legal Papers
The Landlord, any person managing the premises and anyone designated by the Landlord are authorized to accept service of process and receive other notices and demands, which may be delivered to:
[ ] the Landlord, at the following address:__________________________________
[ ] the manager, at the following address:___________________________________
[ ] the following person, at the following address:_____________________________
Clause 22. Additional Provisions
Additional provisions are as follows:
Clause 23. Validity of Each Part
If any portion of this Agreement is held to be invalid, its invalidity will not affect the validity or enforceability of any other provision of this Agreement.
Clause 24. Grounds for Termination of Tenancy
The failure of Tenant or their guests or invitees to comply with any term of this Agreement is grounds for termination of the tenancy, with appropriate notice to Tenant and procedures as required by law.
Clause 25. Entire Agreement
This document and any Attachments constitutes the entire Agreement between the parties, and no promises or representations, other than those contained here and those implied by law, have been made by Landlord or Tenant. Any modifications to this Agreement must be in writing signed by Landlord and Tenant.
Landlord/Agent’s signature:___________________
Title: _____________________________
Date: ______________________
Address: _______________________
Phone: _________________________
Tenant 1′s signature: __________________
Print name: _________________________
Date: ______________________
Tenant 2′s signature: ___________________
Print name: ___________________
Date: _____________________
Tenant 3′s signature: _____________________
Print name: _________________
Date ______________________