The Idaho Lease Agreement form is a legal document that outlines the terms and conditions between a landlord and a tenant for renting residential or commercial property in Idaho. This essential agreement helps protect the rights of both parties while ensuring a clear understanding of responsibilities. Understanding this form is crucial for anyone looking to rent or lease property in the state.
When entering into a rental arrangement in Idaho, understanding the Idaho Lease Agreement form is essential for both landlords and tenants. This document serves as a legally binding contract that outlines the terms and conditions of the rental relationship. Key aspects of the form include the identification of the parties involved, a clear description of the rental property, and the duration of the lease. Additionally, it specifies the rental amount, payment due dates, and any security deposit requirements. The agreement also addresses responsibilities regarding maintenance and repairs, as well as the rules for terminating the lease. By carefully reviewing and completing this form, both parties can ensure their rights and obligations are clearly defined, helping to prevent misunderstandings and disputes in the future.
Idaho Lease Agreement
This Lease Agreement ("Agreement") is entered into this ______ day of ________________, 20____, by and between ____________________ ("Landlord") and ____________________ ("Tenant"). The premises leased are located at _________________________________, Idaho ("Property").
Subject to the terms and conditions set forth in this Agreement and any applicable provisions of the Idaho Residential Landlord and Tenant Act, the Landlord agrees to lease the Property to the Tenant, and the Tenant agrees to lease the Property from the Landlord.
Term
The lease term shall commence on ________________ and shall terminate on ________________, unless sooner terminated according to the provisions herein.
Rent
The monthly rent for the Property is $______, payable in advance on the first day of each month. The rent shall be paid to the Landlord at the following address: _________________________________.
Deposits
The Tenant shall pay a security deposit of $______, due upon signing this Agreement. This deposit will cover any damage or financial losses incurred by the Landlord due to the Tenant's residence.
Use of Premises
The Property is to be used exclusively as a private residence by the Tenant and the following individuals:
Maintenance and Repairs
The Tenant agrees to keep the leased premises and common areas in good, clean, and tenantable condition, and to promptly notify the Landlord of any damage, defect, or destruction of the Property.
Alterations
No alterations, modifications, or improvements shall be made by the Tenant without the prior written consent of the Landlord.
Utilities
The Tenant is responsible for the payment of all utilities and services incurred during the term of the lease, except for the following, which will be paid by the Landlord:
Default and Possession
If the Tenant fails to comply with any of the financial or material provisions of this Agreement, or of any present rules and regulations or any that may be hereafter prescribed by the Landlord, the Tenant shall be in default of this Agreement. The Landlord shall then have the right to terminate this Agreement and reclaim possession of the Property in accordance with state law.
Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Idaho.
Signatures
This Agreement, entered into at _________________, Idaho, is signed on the dates below:
Landlord's Signature: ______________________________________
Date: _______________
Tenant's Signature: ______________________________________
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