Arizona leases are designed for landlords to enter into a legal agreement between them and a new tenant on the lease of commercial or residential space. These forms pass on monthly (or weekly) costs, utility allocation, and bill payments, and typically convey the terms and conditions under which each party must work. Below, you can also access a termination form that gives a tenant an ultimatum to pay their rent or leave the apartment, as well as a rental request to verify potential tenants. The Arizona Residential Lease Agreement (“Lease”) describes the terms and conditions for the use of real estate in exchange for rent payments. This Agreement may also require additional fees (“Deposit”) due no later than the date of move-in. Non-refundable fees and deposit(s) – All deposits or non-refundable fees must be indicated in the rental agreement for them to be legally acceptable (Law 33-1321). An Arizona Standard Lease is a fixed-term contract between a landlord and tenant for the use of a residential property. The tenant may be asked to provide personal data before signing the rental agreement in order to validate his credit and prove that he can pay the monthly rent. After signing, the tenant must pay the first month`s rent and deposit to get the keys and access to the premises.
The following disclosures or supplements are required for some or all of Arizona residential leases. To protect themselves from the contraction and spread of an infestation, Arizona homeowners are not allowed to rent a unit with an active infestation. Arizona landlords are also required to provide educational materials (usually an addendum) and include a section on bed bugs in their leases. This addendum contains information on the prevention of infestation and the correct protocol if it occurs so that the owner can minimize the potential damage. Lease terms and the following additions are not required by Arizona law in residential leases, but they help reduce future conflicts with tenants or reduce the legal liability of landlords. Passing-on tax – If, at any time, local property taxes are increased, the landlord may pass on the tax to the tenant with at least thirty (30) days` notice. This declaration must be included in the lease for the lease to be valid (Statute 33-1314). Lease agreement with option to purchase – Also known as a “call option”, this document offers the tenant the opportunity to purchase the property as long as they meet the conditions set out in the contract.
Move-in Checklist (§ 33-1321 (C)) – A document that detects any damage/defects that may be contained in the property before the tenant moves in, which protects him from the costs for damages for which he is not responsible. (The landlord must attach this form to the lease agreement.) Shared Utilities (§ 33-1314.01) – In the lease, the landlord must include a complete list of all individually billed utilities and also clarify the cost of administrative fees associated with sub-metering or using a utility billing system ratio. Landlord Information (§ 33-1322(A)) – The person authorized to enter into the lease must provide the tenant with a written disclosure containing the names and addresses of the following: The Arizona subletting form allows the current tenant of a property to share the rent with another person called a “subtenant.” In Arizona, subletting is popular with students and those who want to reduce the amount of their monthly rent. Note, however, that the subtenant does not pay the landlord directly. If the subtenant were to skip a payment, the original tenant, called the “subtenant,” would have to pay the landlord in full. It`s. Rent increase due to taxes (§ 33-1314 (E)) – If a local decision adjusts the tax rate on rental transactions, the landlord may increase the tenant`s payment to offset the higher tax rate. To do this, the landlord must first disclose in writing in the lease that they have the right to increase the rent in these circumstances.
(Thirty (30) days` written notice is required before any changes can take effect.) The Arizona monthly lease provides that the tenant pays the landlord every (30) thirty days of rent until the tenant or landlord indicates otherwise. The main advantage of this type of lease is that each party can work with a certain degree of flexibility. Often, monthly rentals are temporary and are used when a tenant plans to stay at once for a few months at a time. As a homeowner, there are two (2) options to ensure that they. The following lease model describes a contract between “owner” Kevin Lee and “tenant” Olivia Graham. She agrees to rent a duplex in Colombia for $1,000 per month for a fixed term that begins on June 1, 2017 and ends on August 9, 2017. The tenant undertakes to cover all costs and ancillary services for the premises. This is a good example of the provisions that a simple lease could contain and what it should look like in its final form. Landlords must provide tenants with educational materials about bed bugs and are not allowed to enter into a lease with a tenant if they are aware of a current bed bug infestation.
(Ariz. Reverend Stat. Ann. § 33-1319) INCIDENTAL COSTS: This rental unit shares the following incidental costs with another unit or common space: [ ] Electricity [ ] Water [ ] Gas [ ] Wastewater [ ] Miscellaneous: __ Understanding the differences will allow you to create a full and complete lease that will save you from trouble in the future, as well as legal and financial problems. .