If you are a landlord in Florida, it is important to have a rental agreement in place to protect your property and ensure that your tenants understand their responsibilities. A month-to-month rental agreement is an option for landlords who want more flexibility in their leasing arrangements.
A sample month-to-month rental agreement in Florida should include several key elements. These include:
1. Names of the Landlord and the Tenant: The names of both parties should be clearly stated at the beginning of the agreement.
2. Property Address: The rental property address should also be included in the agreement.
3. Rent Amount: The monthly rent amount should be clearly stated, as well as the due date for payment.
4. Security Deposit: The amount of the security deposit, if any, should be stated. This deposit is typically equal to one month`s rent and is returned to the tenant at the end of the lease term, provided there is no damage to the property.
5. Lease Term: The lease term for a month-to-month rental agreement is typically one month, but it can be renewed monthly as long as both parties agree.
6. Utilities: The agreement should state which utilities are included in the rent and which are the responsibility of the tenant.
7. Late Fees: The agreement should state the amount of any late fees that may be charged if the rent is not paid on time.
8. Maintenance and Repairs: The landlord`s responsibilities for maintenance and repairs should be clearly spelled out in the agreement.
9. Termination: The agreement should include the notice required for either party to terminate the agreement. In Florida, for a month-to-month rental agreement, the landlord must provide the tenant with 15 days’ notice prior to termination, while the tenant is required to provide the landlord with seven days’ notice.
10. Other Provisions: The agreement should include any other provisions that may be necessary, such as restrictions on subletting or smoking, or requirements for renters insurance.
It is important to note that while a rental agreement provides some legal protection, it is not a substitute for good tenant screening practices. Before renting your property to a tenant, make sure to conduct a thorough background check and obtain references.
Using a sample month-to-month rental agreement in Florida as a guide can help ensure that you cover all the necessary elements in your lease agreement. But as with any legal document, it is important to consult with an attorney to ensure that your agreement complies with Florida law and meets your specific needs as a landlord.