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How To Make/Create a Lease Agreement [Templates + Examples] 2023
Lease agreements are one of the most common types of contracts. This type of agreement contract is normally used for properties and equipment, since people tend to rent out both to generate profit.
Build a Lease Agreement – Step-by-Step Instructions
Lease agreements, like most formal agreements and contracts, follow a standard format. The specific content of the contract would obviously vary depending on the agreement of the parties, but there are some several common elements that must be present in any lease agreement.
Step 1: Browse Lease Agreement Templates
To start off, look for a lease agreement template that suits your needs using the Template.net search bar.
Step 2: Select a Suitable Template to Edit
There are various lease agreement templates to choose from. Select the one that matches your specific objective.
Step 3: Edit the Title
On the first or cover page, provide an appropriate title.
Step 4: Date and Author
Below the title, input the full name of the person who prepared the agreement. Don’t forget to include the complete date as well.
Step 5: Identify the Parties Involved
Proceed to identify the parties or individuals entering into the lease agreement. You can assign labels for each party to distinguish one from the other.
Step 6: Specify the Duration of the Lease
It is important to specify how long the lease term will last. You should also indicate what is to be leased (e.g., property, equipment, etc.)
Step 7: Enumerate the Terms and Conditions
A large chunk of your lease agreement will contain the specific provisions or terms that all parties must honor. It is important to state each condition separately and clearly.
Step 8: Confirmation and Signature
On the last page of your agreement, provide a single sentence declaration or affirmation. Leave enough space below for the parties to affix their respective signatures.
Step 9: Review, Save, and Print
After editing the lease agreement, review the document carefully and meticulously. You can then download and print out copies of the agreement.
Lease Agreement Templates & Examples
Creating an effective lease agreement requires clarity and coherence. As described in the list below, the different lease agreement templates and examples serve various objectives and purposes.
Lease Agreement Template
The generic lease agreement template can be used for all sorts of purposes. You can easily change its provisions to suit your particular needs.
Rental Lease Agreement Template
It is common for people to lease out property and equipment. But if you are the lender, make sure to establish a clear rental lease agreement with the borrower.
Commercial Lease Agreement Template
A commercial lease agreement is a must to avoid unnecessary conflict and misunderstandings. Use the editable template and simply change the terms and conditions as needed.
Residential Lease Agreement Template
Residential properties that are rented out require a formal contract or agreement. The residential lease agreement template is professionally-written and fully customizable.
Car Lease Agreement Template
If you are lending your vehicle to someone else, you need a clear car lease agreement. The agreement is used to set and manage expectations for both parties.
FAQs
What is the agreement for lease?
A lease agreement is a formal written contract that two or more parties enter into wherein one is the lessor and the other, the lessee.
What are things that should be included in a lease?
Specific terms and conditions such as payment guidelines, duration of lease, disclosure statements, and other relevant information should be included in a lease contract.
What are the 4 types of leases?
The four types of leases are gross lease, net lease, percentage lease, and variable lease.