Business OS
Legal AgreementsIndemnity & Compensation

Month To Month Lease Agreement

This Month-to-Month Lease Agreement template is used for renting residential property on a flexible, monthly basis. It is ideal for landlords and tenants seeking a less permanent arrangement than a fixed-term lease.

Updated 16d ago
lease agreementmonth-to-monthrentalresidentialflexible leasetenantlandlordproperty

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Parties

This Month-to-Month Lease Agreement (the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

Landlord: {{landlord_name}} residing at {{landlord_address}} (hereinafter referred to as 'Landlord')

Tenant: {{tenant_name}} residing at {{tenant_address}} (hereinafter referred to as 'Tenant')

Premises

The Landlord hereby leases to the Tenant, and the Tenant hereby leases from the Landlord, the premises located at {{property_address}} (hereinafter referred to as the 'Premises'). The Premises are for residential use only and include {{description_of_premises}}.

Term of Tenancy

This Agreement shall commence on {{start_date}} and shall continue on a month-to-month basis until terminated by either party in accordance with the provisions of this Agreement and applicable law.

Rent

The monthly rent for the Premises shall be {{currency}}{{rent_amount}}, payable in advance on the first day of each month to the Landlord at {{payment_address}} or by electronic transfer to {{bank_account_details}}. Payments received after {{grace_period_days}} days past the due date will incur a late fee of {{currency}}{{late_fee_amount}}.

Security Deposit

Upon execution of this Agreement, the Tenant shall pay to the Landlord a security deposit of {{currency}}{{security_deposit_amount}}. The security deposit shall be held by the Landlord as security for the Tenant's performance of the terms and conditions of this Agreement and for any damages caused to the Premises, ordinary wear and tear excepted. The security deposit will be returned to the Tenant within {{days_to_return_deposit}} days after the termination of this Agreement, less any deductions for damages or unpaid rent.

Utilities and Services

The Tenant shall be responsible for payment of the following utilities and services: {{tenant_utilities}}. The Landlord shall be responsible for payment of the following utilities and services: {{landlord_utilities}}.

Maintenance and Repairs

The Tenant shall keep the Premises in a clean and sanitary condition and shall be responsible for minor repairs and maintenance of the interior of the Premises. The Landlord shall be responsible for all major repairs, structural maintenance, and maintenance of common areas.

Termination

Either party may terminate this Agreement by giving written notice to the other party at least {{notice_period_days}} days prior to the desired termination date. The notice must be sent to the address specified in the 'Parties' section of this Agreement.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of {{country_name}}.

Signatures

IN WITNESS WHEREOF, the parties have executed this Agreement on the date first written above.

_____________________________

Landlord Signature

{{landlord_name}}

_____________________________

Tenant Signature

{{tenant_name}}

Related templates