If you`re looking to rent a property in Arizona on a month-to-month basis, it`s important to have a clear and concise rental agreement in place. A well-written rental agreement can help protect both landlords and tenants, and can help prevent misunderstandings or conflicts down the line. In this article, we`ll discuss some of the key elements to include in a simple month-to-month rental agreement in Arizona.
1. Parties: The first section of the rental agreement should clearly identify the parties involved – the landlord and the tenant. Include their full legal names, as well as any other relevant information such as contact details or mailing addresses.
2. Rental Property: Next, describe the rental property in detail, including its address, unit number (if applicable), and any other relevant information. This should include a description of the premises, including the number of bedrooms and bathrooms, square footage, and any appliances or fixtures included in the rental.
3. Term: Specify the length of the rental agreement, including the start and end dates. In a month-to-month agreement, this will usually be a rolling period of 30 days, with either party able to terminate the agreement with 30 days` notice.
4. Rent Payment: Detail the amount of rent that the tenant will be required to pay, and when it is due. This should also include any late fees or penalties for late payments.
5. Security Deposit: In Arizona, landlords are allowed to request a security deposit of up to one and a half months` rent. Include the amount of the security deposit, and any conditions or requirements for its return at the end of the tenancy.
6. Utilities: Specify which utilities are the tenant`s responsibility, and which are included in the rent. This may include electricity, gas, water, trash, and internet/cable.
7. Repairs and Maintenance: Detail the landlord`s responsibilities for repairs and maintenance, as well as any expectations for the tenant to keep the premises clean and well-maintained.
8. Termination: Include a section that explains how either party can terminate the rental agreement, and the required notice period. In Arizona, this is typically 30 days` notice for a month-to-month agreement.
9. Governing Law: Specify which state laws govern the rental agreement, and any other legal considerations that may be relevant to the property or tenancy.
10. Signatures: Finally, both the landlord and tenant should sign and date the rental agreement to indicate their acceptance of its terms and conditions.
By including these key elements in a simple month-to-month rental agreement in Arizona, you can help protect both parties and ensure that the tenancy runs smoothly. It`s always a good idea to consult with a legal professional if you have any questions or concerns about drafting a rental agreement.