A Delaware residential lease agreement is a legally binding rental contract that allows a tenant and landlord to negotiate the terms and conditions of the residential tenancy. Both parties should agree on the rental price and who will pay for the utilities (electricity, water, heat, etc) before the lease is signed. It is also recommended that the landlord obtain a completed credit application from the…
Delaware Rental Lease Agreements (6 Types)
Delaware lease agreements can be used to create a contract for the renting of commercial or residential property. The agreements should be looked over carefully by both parties (landlord and tenant) before signing. The terms and conditions are negotiated upon and contain information regarding the monthly payment amount, term, and responsibilities of both parties. Once these documents are signed, they become legally binding.
Laws – Title 25 – Property
A Delaware month–to-month lease agreement allows a landlord and tenant to establish a rental arrangement on a monthly payment basis. Both parties are only liable to abide by the terms for a month at a time and renews upon the payment of rent every month. If the tenant stops paying rent, he or she must vacate the premises immediately, but it is usually required that…
A Delaware rental application is used to get credit and background information on a prospective tenant to ensure they are able to pay the rental amount every month. Furthermore, it is recommended that landlords contact previous landlords and management companies of the tenant to see what they have to say about the person. The property owner or management companies’ are permitted to charge a fee…
A Delaware commercial lease agreement establishes a landlord-tenant relationship between an individual or entity and an owner of commercial property. The parties will use the agreement to set forth the rental conditions, including the contract term (length of lease), monthly rent, and the frequency of payments. Also to be negotiated in the contract is whether the document will be a triple net (NNN), modified gross,…
A Delaware roommate agreement was developed as a quick and convenient tool for roommates who wish to have a legal document containing the terms and conditions of a living situation. Since this form can be edited, the roommates may include topics that are specific to their needs. This document is versatile enough to cover many situations and will provide an opportunity to include state-specific provisions…
A Delaware sublease agreement allows a person that is already under a lease agreement with a property owner or manager to rent a portion or the entire space to another person (sublessee). This is a common type of tenancy in cities and around college campuses when roommate type of situations are more popular. It must be understood that the original tenant (sublessor) is responsible for any…