In the United States (and Washington is not an exemption), a lease agreement, also called a lease agreement, is a document that is needed when two parties conclude a deal tied to real property leasing.
This document fits any type of leasing deal and has various forms. Usually, a lease agreement is a long and detailed contract that contains essential information about the rent, for instance, the price of the deal, main conditions under which the deal is conducted, the leased place description, both parties’ details, and many other features.
There are normally two parties in a lease agreement. One party transmits a piece of real estate for a certain period, and another party gets that piece. The first-mentioned party is called the landlord (or the owner), and the second party is the tenant (or the renter).
A rental agreement protects both sides of the deal in case of any uncertainties. To create a relevant lease contract in Washington, use our form building software to download the template.
Every state in America suggests its legal requirements regarding lease and lease agreements. Laws that cover lease terms in Washington are found in Title 59 of the Revised Code of Washington. This Title is called “Landlord and Tenant” and is dedicated to leasing deal parties’ relations.
Regarding the maximum sum of a security deposit, no rule in Washington obliges an owner to ask for a certain amount.
The renter should receive the deposited amount within 21 days of vacating the rented place according to section 59.18.280 of the Code.
The rules by which a landlord may or may not access the rented premises are described in Section 59.18.150 of the Code.
As written in this Section, the landlord may get to the premises at any moment if an emergency occurs.
In other cases, the landlord has to give the renter a two-day notice if there is a need for maintenance or reconstruction. If the landlord wants to show the premises to a potential tenant or buyer, they should issue the tenant with a one-day notice.
When a lease agreement is signed, both parties also have to accept various disclosures that reveal additional information to the contract. In Washington, there is a list of required disclosures:
You may lease various types of real estate in the United States. Every deal related to a lease requires a relevant lease agreement. In Washington, there are nine common types of agreement:
Every deal related to leasing the real property requires the correct lease agreement. Before you sign the document, double-check the template you are using.