Rental/ Lease Agreement Template
Washington D.C.
West Virginia
Wisconsin
Wyoming
By Type (15 )
Standard Lease
1-Page
Commercial
Condominium
Equipment
Member of the family
Hunting (Land)
Month-to-Month
Parking Space
Rent-to-Own
Roommate
Storage Space
Sublease
Vacation (short-term)
Weekly
The Leasing Process (8 steps)
Housing Statistics
- 33.6% of U.S. families are renters (44 million). [1] [2]- 68.2% of leases are fixed-term. [3]- 31.8% of leases are month-to-month.
- 30% of an occupant's income (usually) is invested in rent. [4]
1. Tenant Views the Space
The occupant's primary step in the leasing procedure is seeing the space. This is commonly after viewing photos of the residential or commercial property on a site where it was noted.
Renting Trends (2023 )
91% of occupants use a website or mobile app when searching, and 19% request housing without needing an in-person tour. [5]
2. Obtain a Rental Application
Before an offer is accepted, the property owner generally requests a tenant to complete a rental application and pay a little fee (view optimum costs by state). The most common fee was $50 in 2023. [6]
Applicant Details
- Applicant's name & address
- Employment information
- Income verification
- Previous property owners
- Consent (to run a credit check)
3. Screen the Applicant
Use the rental application to run a consumer report. This consists of running a credit report and browsing public records (expulsion search, background check, etc).
Recommended Services
- Limited ($ 21) - RentPrep.com
- Detailed ($ 40) - MySmartMove.com
4. Verify References
The applicant's company and previous property owners need to be contacted.
Washington D.C.
West Virginia
Wisconsin
Wyoming
By Type (15 )
Standard Lease
1-Page
Commercial
Condominium
Equipment
Member of the family
Hunting (Land)
Month-to-Month
Parking Space
Rent-to-Own
Roommate
Storage Space
Sublease
Vacation (short-term)
Weekly
The Leasing Process (8 steps)
Housing Statistics
- 33.6% of U.S. families are renters (44 million). [1] [2]- 68.2% of leases are fixed-term. [3]- 31.8% of leases are month-to-month.
- 30% of an occupant's income (usually) is invested in rent. [4]
1. Tenant Views the Space
The occupant's primary step in the leasing procedure is seeing the space. This is commonly after viewing photos of the residential or commercial property on a site where it was noted.
Renting Trends (2023 )
91% of occupants use a website or mobile app when searching, and 19% request housing without needing an in-person tour. [5]
2. Obtain a Rental Application
Before an offer is accepted, the property owner generally requests a tenant to complete a rental application and pay a little fee (view optimum costs by state). The most common fee was $50 in 2023. [6]
Applicant Details
- Applicant's name & address
- Employment information
- Income verification
- Previous property owners
- Consent (to run a credit check)
3. Screen the Applicant
Use the rental application to run a consumer report. This consists of running a credit report and browsing public records (expulsion search, background check, etc).
Recommended Services
- Limited ($ 21) - RentPrep.com
- Detailed ($ 40) - MySmartMove.com
4. Verify References
The applicant's company and previous property owners need to be contacted.