Condo Lease Agreement

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A condo lease agreement is a rental contract for one condominium unit. The free FormsPal template sets the rent, the dates and the shared-area terms, in PDF or online. Condo owners and their tenants need it, especially when association rules limit the unit’s use.

What Is a Lease Agreement for a Condo?

A lease agreement is a contract that lets a tenant use a property for an agreed time in exchange for rent, and a condo lease agreement applies that contract to one condominium unit.

The landlord is usually the unit owner. The tenant gets the right to live in the unit and to use the common areas the lease names, such as a lobby, a pool or a parking level.

A condo differs from a house rental in one main way: a condominium association also sets rules for the building. The lease covers the deal between the landlord and the tenant, while the association’s rules cover shared spaces and how the building is used. The association also charges fees for upkeep and improvements, and the lease says whether the tenant pays any of them on top of the rent.

Condo Ownership Types That Affect a Lease

The ownership type of a condo tells you who holds the land under the building, which shapes what to check before signing a lease there.

  • Land lease or leasehold condo: someone other than the unit owner holds the land, and the owner’s rights rest on a lease with an end date. Ask when that lease ends and what happens to the unit then, and check the answer against the state’s condominium act or with an attorney.
  • Freehold condo: the owner holds a piece of the land under the building as well as the unit, much like buying a house.

How to Lease a Condominium Unit

To lease a condominium unit, the owner reads the association’s rules, agrees the terms with a tenant, fills out the lease form and signs it with the tenant.

  1. Read the association’s rules. Look for limits on renting, lease length, subletting, pets and parking.
  2. Set the terms. Decide the rent, the term, the deposit and who pays shared charges.
  3. Fill out the lease. Follow the form steps below and tick only the options that match your deal.
  4. Attach the building’s rules. Add them as a rider for the tenant to read before signing.
  5. Walk through the unit. Note its condition together and hand over the lead paint disclosure where it applies.
  6. Sign and share copies. Each side keeps a signed copy, and the owner tells the association if its rules ask for notice of a new tenant.

A tenant leasing a condo can ask for the same papers before signing: the association’s rules, the list of fees the tenant would pay and the parking terms.

When You Need a Condo Lease Agreement

You need a condo lease agreement when a unit owner rents a condominium unit to a tenant, whether for a set term or from month to month.

The document keeps the rent, the dates and the shared-area terms in one place, so both sides read from the same page when a question comes up later.

When Another Document Fits

Another FormsPal document fits better when the deal is not a whole condo unit rented to a tenant for housing, as in these four cases:

Lease Agreement vs. Rental Agreement

A lease agreement usually runs for a set term with an end date, while a rental agreement usually runs from month to month until one side gives notice.

A condo lease usually runs for a set number of months or on a month-to-month basis, and the FormsPal template offers both options.

PointSet-term leaseMonth-to-month rental
LengthRuns to the end date written in the leaseContinues until one side gives notice
Better forA tenant or owner who wants the same home and income for the whole termA tenant who expects to move, or an owner who plans to sell or move back
On the formV. Rental Term: tick the “For a Term of” box and enter the monthsV. Rental Term: tick the Month-to-Month box

What to Include in a Condo Lease Contract

A condo lease contract includes the parties, the unit, the dates, the rent, the deposit, the shared-area terms and the signatures, and the FormsPal form has a place for each.

TermWhat the lease saysWhere on the form
PartiesNames and contact details of the landlord and the tenantI. Parties
Unit and shared areasUnit address, project name, parking and common areasII. Unit Rental
Dates and termEffective date, move-in date, first rent payment and length of the leaseIV. Pertinent Dates, V. Rental Term
RentBase Rent, its due day and any lost key or opener feesVI. Base Rent
Other chargesFees on top of the rent, such as parking or association feesAdditional Rent
Deposit and utilitiesDeposit amount and what the landlord supplies at no extra chargeVII. Security Deposit, VIII. Utilities
Pets and repairsWhether animals are allowed and how repair requests go inXI. Animals, XII. Maintenance and Repairs
Insurance, subletting and breachRenter’s insurance, subletting and the days to cure a breachXIII, XIV and XV(b)

The association’s rules are not among the form’s fields, so attach them as a rider.

Federal and State Laws on Condo Leases

A condo lease answers to more than its own pages: federal lead paint law for older housing, the rental law of the place where the unit sits and the association’s rules all reach the tenancy.

Before signing, it helps to look at these three places for terms that affect the lease:

  • The lease itself and every rider attached to it
  • The rules of the condominium association
  • The rental rules of the city, county and state where the unit sits

Once signed by both parties, the lease becomes a binding contract, establishing their rights and obligations.

Lead Paint Disclosure

Before a tenant is bound by a lease of target housing, federal law requires the landlord to give the tenant a lead hazard information pamphlet and to disclose any known lead-based paint or lead-based paint hazards, 42 U.S.C. § 4852d.

The landlord also gives the tenant any lead hazard evaluation report the landlord has available, 42 U.S.C. § 4852d.

Target housing means any housing constructed prior to 1978, except housing for the elderly or persons with disabilities or any 0-bedroom dwelling (unless any child who is less than 6 years of age resides or is expected to reside in such housing), 42 U.S.C. § 4851b.

Part XVI(e) of the FormsPal form is where the tenant records the disclosure, so check the unit’s construction year with the owner before ticking a box there.

A State Example: Virginia’s Rental Rules

The Virginia Residential Landlord and Tenant Act shows the kind of rule a state writes for a rental, and Virginia is the one state in our fact sources whose rental rule names a condominium.

Every section in the table opens on the official chapter page linked in the first row.

Lease topicVirginia ruleSource
Condominium registrationWith respect to a multifamily dwelling unit, if an application to register the rental property as a condominium or cooperative has been filed with the Real Estate Board, the landlord discloses that in writing to any prospective tenant.Va. Code § 55.1-1216
Security deposit limitA landlord may not demand or receive a security deposit of more than two months’ periodic rent.Va. Code Ann. § 55.1-1226
Security deposit returnThe landlord itemizes the deposit and any deductions in a written notice, with any amount due to the tenant, within 45 days after the termination date of the tenancy or the date the tenant vacates, whichever occurs last.Va. Code Ann. § 55.1-1226
Move-in reportThe landlord gives the tenant a written report of existing damages within five days after occupancy, and it is deemed correct unless the tenant objects in writing within five days after receipt.Va. Code § 55.1-1214
Ending a month-to-month tenancyEither side serves written notice at least 30 days prior to the next rent due date, unless the rental agreement provides for a different notice period.Va. Code § 55.1-1253
Landlord entryUnless impractical, the landlord gives at least 72 hours’ notice of routine maintenance the tenant has not requested. The landlord may enter without the tenant’s consent in case of emergency.Va. Code § 55.1-1229

These rows are Virginia law only, and another state’s limit, deadline or notice period can differ. Read your own state’s statute or ask a local attorney, and see our state pages such as the Texas lease agreement or the Massachusetts lease agreement.

Rent, Association Fees and the Security Deposit

Rent, association fees and the security deposit are the money terms of a condo lease, and each one belongs in writing with its amount and its timing.

Setting the Monthly Rent

The monthly rent for a condo is best set by comparing similar units nearby, then writing the amount, the due day and the payment method into the lease.

Check whether a local rent control rule applies to the unit before you settle on a figure.

Association Fees and Additional Rent

The Additional Rent part of the form says whether the tenant pays any association fees, and what each one covers.

Common charges can include costs for amenities like parking, gym facilities, or swimming pools. List each one by name.

Example: Additional Rent of $40 per month for one garage space, due on the first day of each month. This is a sample entry, not a suggested amount.

Handling the Security Deposit

A security deposit is money the tenant pays up front against unpaid rent or damage, and the lease states its amount, where it is kept and how it comes back.

State rules on deposits differ, as the Virginia table above shows for one state. Keep the deposit apart from personal money, which is a legal duty in some states: Mass. Gen. Laws ch. 186, § 15B says a security deposit shall not be commingled with the assets of the lessor, and Conn. Gen. Stat. § 47a-21 has each landlord deposit the entire amount into one or more escrow accounts. Check your state’s rule before you take a deposit.

Tip: Take dated photos of each room before the tenant moves in and keep them with the signed lease. Both sides can then compare the unit at move-in and at move-out.

Condo Lease Term and Renewal

The term of a condo lease is the period the tenant has the right to use the unit, written either as a set number of months or as a month-to-month tenancy.

  • Start date: when the tenant first has access to the unit
  • End date: when the tenant’s right to use the unit concludes
  • Renewal: how and when one side tells the other

Renewal Process

A condo lease renewal usually starts with written notice from one side to the other, in the way the lease describes, so both sides know the deal continues.

If the rent is going up, the FormsPal rent increase notice puts the change in writing.

Tenant and Landlord Responsibilities

Tenant and landlord responsibilities in a condo lease cover the unit, the fees and shared spaces such as hallways, pools and parking areas, and a clear lease names who handles each one.

Maintenance and Repairs

Maintenance terms in a condo lease say who fixes what: the tenant usually cares for the unit day to day, the landlord handles major repairs and the association looks after the common areas.

Part XII of the form asks how repair requests reach the landlord or property manager.

Late Fee and Payment Terms

A late fee is a charge for rent paid after the due date or after the grace period written in the lease.

Write the amount and the grace period into the lease if you use them. Check the local limits first, because this page gives no figure for your area.

Pet Policies

A pet policy in a condo lease says whether animals are allowed, which limits apply and whether any extra fee or deposit comes with them.

Read the association’s pet rules before you tick an option in part XI of the form, so the lease does not promise what the building forbids.

State law can limit pet charges: under Kan. Stat. Ann. § 58-2550, if the rental agreement permits pets, the landlord may demand and receive an additional security deposit not to exceed ½ of one month’s rent. Under Or. Rev. Stat. § 90.300, a landlord may not charge a pet security deposit for keeping a service animal or companion animal that a tenant with a disability requires as a reasonable accommodation under fair housing laws, and that rule is a reason to check fair housing law before you tick Animals are not allowed.

Subletting and Guests

Subletting is often restricted in a condo lease agreement, and the lease usually asks for the landlord’s prior written consent.

The form’s subletting option in part XIV records that choice. Guest terms can limit how many guests stay and for how long, and the association’s rules can add to those limits.

Ending a Condo Lease: Termination and Eviction

A set-term condo lease usually ends when its term expires, when both sides agree to end it, or after a termination for a breach such as unpaid rent, damage to the unit or illegal activity.

A month-to-month tenancy ends by notice instead, as the Virginia row above shows under Va. Code § 55.1-1253. Some leases renew automatically, so check the lease for a renewal clause and the date by which a side has to give notice.

Some states also give tenants their own early exits, so check your state’s statute before you rely on one.

Grounds for Termination

Grounds for termination are the events a lease lists as ending the tenancy early, so write them down along with how each step works.

Items to add to the lease for this part:

  • How notices are delivered and to which address
  • How many days the tenant gets to cure a breach
  • How the keys and parking passes are returned

Read the notice and cure terms of the lease before signing, and check your state’s rule before you write a number in XV(b), because some states set the period by statute. Under Nev. Rev. Stat. § 118A.430, if the breach is remediable and the tenant does not adequately remedy it or use best efforts to remedy it within 5 days after receipt of the notice, or if the breach cannot be remedied, the landlord may terminate the rental agreement. For unpaid rent, Ariz. Rev. Stat. § 33-1368 lets the landlord terminate by filing a special detainer action if the tenant fails to pay within five days after written notice of nonpayment and of the landlord’s intention to terminate.

Eviction Process

Eviction is the court process a landlord uses to remove a tenant who stays in the unit after a termination notice.

Its steps differ from one place to another, so ask the local court or an attorney before starting one.

Condo Lease Agreement Form Details

The table below lists the basics of the FormsPal Condo Lease Agreement template, including its other names, fields and format. The PDF has 64 fillable fields and takes about 12 minutes to complete, and the video and the download card show the form before you fill it out.

Document Name Condo Lease Agreement Form
Other Names Condominium Rental Contract, Condominium Lease
Avg. Time to Fill Out 12 minutes
# of Fillable Fields 64
Available Formats Adobe PDF
Template Preview
Download your fillable Condo Lease Agreement template in PDF.

How to Fill Out the Condo Lease Agreement

To fill out the condo lease agreement, enter the parties, the unit, the dates, the rent, the deposit and the options that match your deal, then sign.

The condo lease agreement template you download from this page has 15 parts to complete, and the steps below follow its own order. Tick only the options that match your deal and leave the other boxes empty.

The screenshots under each step show the FormsPal Condo Lease Agreement template filled with sample entries in blue, so you can see where each answer goes. The names, addresses, dates and amounts are examples only.

  1. Landlord name on the CONDOMINIUM LEASE heading. On page 1, type the landlord's name on the Landlord Name line under the CONDOMINIUM LEASE heading.
    Condo Lease Agreement: CONDOMINIUM LEASE, filled with sample entries
    Step 1: sample entries, not a real document.
  2. I. Parties: landlord contact information and tenant name. Under Landlord's contact information, fill in the address lines, Phone and Email. Then type the tenant's name on the Tenant Name line.

    Condo Lease Agreement_1

    Condo Lease Agreement: Landlord’s contact information, filled with sample entries
    Step 2: sample entries, not a real document.
  3. I. Parties: tenant contact information. Under Tenant's contact information, fill in the address lines, Phone and Email.
    Condo Lease Agreement: Tenant’s contact information, filled with sample entries
    Step 3: sample entries, not a real document.
  4. II. Unit Rental. Type the unit address and the name of the condominium Project. Tick whether parking is included, add the parking details, and list the Common Areas the tenant may use.

    Condo Lease Agreement_2

    Condo Lease Agreement: II. Unit Rental, filled with sample entries
    Step 4: sample entries, not a real document.
  5. IV. Pertinent Dates and V. Rental Term. On page 2, type the three dates: effective date, move-in date and first rent payment. Then tick Month-to-Month or For a Term of __ Months and enter the number of months, with the initials the form asks for.

    Condo Lease Agreement_4

    Condo Lease Agreement: IV. Pertinent Dates, filled with sample entries
    Step 5: sample entries, not a real document.
  6. VI. Base Rent and lost key fees. Enter the lost key fee and the lost or broken gate or garage opener fee, then the monthly Base Rent amount.

    Condo Lease Agreement_5

    Condo Lease Agreement: Base Rent, filled with sample entries
    Step 6: sample entries, not a real document.
  7. VI. Base Rent due day. On page 3, type the day of the month Base Rent is due in the blank 'on the __ day of each month'.
    Condo Lease Agreement: Day, filled with sample entries
    Step 7: sample entries, not a real document.
  8. Additional Rent. Tick either no separate fees or the Additional Rent option. If fees apply, enter the amount, what it covers, the payment basis, the due day and the period.

    Condo Lease Agreement_6

    Condo Lease Agreement: Additional Rent, filled with sample entries
    Step 8: sample entries, not a real document.
  9. VII. Security Deposit and VIII. Utilities. Tick the security deposit amount option and enter the amount, or tick that there is no deposit. In Utilities, list what the landlord supplies at no extra charge.

    Condo Lease Agreement_7

    Condo Lease Agreement: VII. Security Deposit, filled with sample entries
    Step 9: sample entries, not a real document.
  10. XI. Animals. On page 4, tick Animals are not allowed or Domestic pets are permitted. If pets are permitted, add any specific limitations or requirements.

    Condo Lease Agreement_10

    Condo Lease Agreement: XI. Animals, filled with sample entries
    Step 10: sample entries, not a real document.
  11. XII. Maintenance and Repairs. Write how maintenance and repair requests go to the landlord or property manager, in the blank provided, and add the initials the form asks for.

    Condo Lease Agreement_11

    Condo Lease Agreement: Requests for maintenance and repairs shall be provided as, Initial, filled with sample entries
    Step 11: sample entries, not a real document.
  12. XIII Tenant Insurance, XIV Subletting and XV(b) days to cure. On page 5, tick the renter's insurance option. On the blank provided, the tenant writes his or her initials in print. Tick the subletting option, then enter the number of days to cure a breach in XV(b).

    Condo Lease Agreement_12

    Condo Lease Agreement_13

    Condo Lease Agreement_14

    Condo Lease Agreement: XIV. Assignment and Subletting, filled with sample entries
    Step 12: sample entries, not a real document.
  13. XVI(e) Lead-based paint and DATED. On page 6, tick Not applicable (built after 1978) or Received by Tenant and enter the initials. Type the DATED date above the signature blocks.

    Condo Lease Agreement_15

    Condo Lease Agreement: (e) Lead-based paint disclosure, filled with sample entries
    Step 13: sample entries, not a real document.
  14. Landlord signature block. Under Landlord, sign, then type the name and title on the Name and Title lines.

    Condo Lease Agreement_16

    Condo Lease Agreement: Landlord, filled with sample entries
    Step 14: sample entries, not a real document.
  15. Tenant signature block. Under Tenant, sign, then type the name and title on the Name and Title lines.
    Condo Lease Agreement: Tenant, filled with sample entries
    Step 15: sample entries, not a real document.

How to Sign and Use the Condo Lease Agreement

Signing and using the condo lease agreement takes a few steps outside the PDF’s fields: getting the file, reading the building’s rules and keeping a signed copy for each side.

  1. Download the lease form. Save the template from this page to your computer. You may have to make a free account before the download begins.
  2. Read the regulations of the condominium. The regulations usually sit in a separate document, often on the association’s website. Attach them to the template as a rider, with the names of contact persons. The tenant inspects the unit carefully before signing.

    Condo Lease Agreement_3

  3. Plan for shared utilities. If the unit shares a meter with other units, the lease can add an estimate of the tenant’s use to the monthly base payment, but state rules can limit how a landlord recovers utility costs, so check yours first. For example, 25 Del. C. § 5312 says a landlord shall not separately charge a tenant for a utility service calculated based on consumption unless it is separately metered, apart from metering systems already in use prior to July 17, 1996. A landlord who does charge separately under 25 Del. C. § 5312 may not charge more than the actual cost of the service or send more than 2 consecutive estimated billings. If the tenant will pay directly instead, have an attorney help you change this provision.

    Condo Lease Agreement_8

  4. Read the standard limits of use.
    • Section 9: Permitted Use
    • Section 10: Decorating Condominium Unit; Changes to Unit

    Should you need to make modifications to these condo lease agreement terms, please consult with an attorney.

    Condo Lease Agreement_9

  5. Check the pet rules. The association usually regulates pets in the building. Please refer to their terms or rules and regulations before finalizing section 11.
  6. Check the lead-based paint disclosure. Read the lead paint disclosure rule above, then tick the option in XVI(e) that fits the unit.
  7. Sign and keep copies. The landlord and the tenant each sign their block, add initials where the form asks for them and keep a signed copy.

Frequently Asked Questions

These short answers cover the questions landlords and tenants ask before they use this form.

A handwritten lease is still a written document, so what counts first is that it sets out the full terms and both sides sign it. This page cites no rule on handwriting, so ask a local attorney if you expect a dispute over one.

Can I write up my own lease agreement?

Yes, you can draft your own lease, and a template saves you from missing a term. For a condo, the terms people forget are the shared areas, the association’s fees and the building’s rules.

What are some red flags in a lease agreement?

Red flags in a lease are terms you cannot pin down before signing, and in a condo lease they often involve the building as well as the rent:

  • Blank fields the other side offers to fill in later
  • Charges with no amount or no named purpose
  • No copy of the association’s rules
  • A landlord who is not the owner and cannot show authority to rent the unit
  • No written way to return the deposit

How long does the condo lease agreement take to fill out?

The FormsPal template has 64 fillable fields and takes about 12 minutes to complete.

Can I fill out the condo lease agreement online?

Yes, you can download the PDF and fill it in with the PDF editor, or print it and write the answers by hand.

What goes in the Additional Rent section?

Additional Rent is the part of the form for extra charges such as parking, pool maintenance and association fees. Tick the option that applies and list what the charge covers.

Is there a separate form for subletting a condo?

Yes, FormsPal has a separate Sublease Agreement form for a tenant who rents the unit out to another person.

General information, not legal or tax advice.

Jennifer M. Settles
Jennifer M. Settles
Author & Attorney
With over 25 years of experience as a business and transactional attorney, Jennifer has mastered the craft of closing highly successful deals for her clients. Through her wide-ranging expertise in commercial contracts, real estate transactions, M&A and corporate law, Jennifer secures results that are second-to-none.