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Virginia Residential Lease Agreement - Month-to-Month

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Virginia Residential Lease Agreement - Month-to-Month Powered By Docstoc
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                             This Residential Lease Agreement is used by a Virginia landlord to lease a residential
                             property to a tenant on a month-to-month basis. This document contains the material terms
                             of the lease agreement including the rent amount, the notice requirement for terminating
                             the lease and the permitted uses of the premises. Many of the standard clauses commonly
                             used in these types of agreement are included in this document, but it may be customized
                             to ensure that the understandings of the parties are properly set forth. This lease
                             agreement should be used by a landlord and a tenant when entering into a month-to-month
                             lease.
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                            RESIDENTIAL LEASE AGREEMENT

THIS      RESIDENTIAL            LEASE       AGREEMENT             (hereinafter “Agreement”
) is made and entered into this _____ [Month] _____ [Date], 20_____, by and between
_________________________ [Instruction: Insert the name of landlord], residing at
_________________________ [Instruction: Insert the address of landlord] (hereinafter
“Landlord”), and ____________________________ [Instruction: Insert the name of tenant],
residing at _________________________ [Instruction: Insert the address of tenant]
(hereinafter “Tenant”). For the purpose of this Agreement, Landlord and Tenant may
individually be referred to as “Party” and collectively as “Parties”.

   WHEREAS, Landlord is the sole owner of certain real property together with all
appurtenances thereto, lying and situated in County of United States of America, State of
Virginia, described in Exhibit-A (hereinafter “Premises”);

    WHEREAS, Landlord desires to lease the Premises to Tenant upon the terms and conditions
as contained herein; and

    WHEREAS, Tenant desires to lease the Premises from Landlord on the terms and conditions
as contained herein;

    NOW, THEREFORE, for and in consideration of the covenants and obligations contained
herein and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Parties hereto hereby agree as follows:

1. TERM AND TERMINATION OF THE TENANCY.

   The term of this Agreement shall commence on _____ [Month] _____ [Date], 20_____, and
   shall continue from that date to _____ [Month] _____ [Date], 20_____ [Instruction: Insert
   the starting and end date of tenancy]. Either Landlord or Tenant terminates the tenancy by
   giving the other thirty (30) days written notice of an intention to terminate the tenancy. In the
   event such notice is given, Tenant agrees to pay all rent up to and including the notice period.

2. RENT.

   Tenant shall pay Landlord rent of ________ ($____) [Instruction: Insert the amount of
   rent payable] per month, payable in advance on the _______ (___)[Instruction: Insert the
   day, e.g. “first (◊ 1st)”] day of each month. If that day falls on a weekend or legal holiday,
   the rent is due on the next business day. Rent shall be paid by personal check, money order or
   cashier’s check only, to Landlord at Landlord's address as set forth in the preamble to this
   Agreement or at such other place as Landlord shall designate from time to time.

3. LATE CHARGE/BAD CHECKS.

   If rental payments are not received by the date due, a collection charge of ________ ($____)
   [Instruction: Insert the amount of late charge, e.g., “ten dollars (◊ $10)”] in addition to
   the monthly rent will immediately become due and payable. In addition, for each check not
   honoured by the bank or trust company upon which it is drawn, a collection charge of


© Copyright 2011 Docstoc Inc. registered document proprietary, copy not                 2
   __________ ($_______) [Instruction: Insert the amount of charge for dishonor of
 
				
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Description: This Residential Lease Agreement is used by a Virginia landlord to lease a residential property to a tenant on a month-to-month basis. This document contains the material terms of the lease agreement including the rent amount, the notice requirement for terminating the lease and the permitted uses of the premises. Many of the standard clauses commonly used in these types of agreement are included in this document, but it may be customized to ensure that the understandings of the parties are properly set forth. This lease agreement should be used by a landlord and a tenant when entering into a month-to-month lease.
This document is also part of a package Essential Virginia Legal Documents 145 Documents Included