An Ohio standard residential lease agreement is a contract between a property owner (otherwise known as the “Lessor”) and a person looking to occupy the property or space (otherwise known as the “Lessee”). The most common timeframe is a one (1) year term but can be any agreed-upon length of time. The terms and conditions of the agreement will cover the sum of the monthly…
Ohio Rental Lease Agreements (6 Types)
Ohio lease agreements allow a landlord and a tenant to occupy space in trade for rent. The most common type is a standard 12-month residential agreement that is negotiated after the tenant completes a rental application. After verification and tenant approval, a lease will be written between the parties. The security deposit, 1st month’s rent, and any other fees will be due when signing the agreement.
An Ohio month-to-month rental agreement is mainly used by tenants and landlords seeking a short term occupancy arrangement, otherwise known as a tenancy at will. While payment is made every month, the contract may be canceled at any time with at least one (1) month’s notice to the other party. It is recommended that the landlord seek a security deposit at the time of lease…
An Ohio rental application is used as a way to verify an applicant’s credit, employment history, and prior rental history to see if he or she fits the qualifications for a lease agreement. This form may come along with a non-refundable fee administered by the landlord and should take no more than 2-3 days to complete. It is advised that the tenant not just put…
An Ohio commercial lease agreement is between a property owner and a business entity electing to rent industrial, office, or retail-related space. A lease agreement is usually longer than one (1) year (usually a three (3) to five (5) year initial term) due to the amount of money it takes for the business entity to generate sufficient income. A lease agreement can be designed to…
An Ohio sublease agreement is a form that is common in urban and college areas that allows a tenant (also referred to as the sublessor) to rent out the entire or a portion of the space he or she is currently leasing to another renter (sublessee). Typically, the landlord must be notified and may have to sign the sublease if it states in the original…
An Ohio roommate agreement acts as a contractual tool when several roommates have decided to share living quarters. In any situation where multiple individuals and personalities get mixed in, it should be expected that original agreements or terms may be forgotten or misconstrued down the line. Happily, setting leasing terms for roommates on paper will rectify this problem nicely. The roommate agreement may be filled out…