Condo Lease Agreement Template for United States

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Key Requirements PROMPT example:

Condo Lease Agreement

"I need a Condo Lease Agreement for my two-bedroom unit in Miami, Florida, with specific provisions for short-term rentals and strict pet restrictions, starting March 1, 2025."

Document background
The Condo Lease Agreement serves as a crucial legal instrument in the U.S. residential rental market, specifically designed for condominium properties. This document is essential when a condo owner wishes to lease their unit to a tenant while ensuring compliance with federal housing laws, state landlord-tenant regulations, and condominium association bylaws. It differs from standard residential leases by incorporating specific provisions related to common areas, HOA rules, and shared facility usage. The agreement protects both parties' interests while establishing clear guidelines for the rental relationship.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names and contact information

2. Background: Brief context about the property and purpose of the lease

3. Definitions: Key terms used throughout the agreement including property, common areas, and relevant parties

4. Property Description: Detailed description of the leased premises including unit number, address, and included amenities

5. Term and Renewal: Lease duration, commencement date, termination conditions, and renewal terms

6. Rent and Payment Terms: Rent amount, due dates, payment methods, and late payment penalties

7. Security Deposit: Amount, terms of holding, conditions for return, and permitted deductions

8. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance, repairs, and alterations

9. Use of Property: Permitted uses, occupancy limits, and restrictions on use

10. Insurance and Liability: Required insurance coverage and liability provisions

11. Default and Remedies: Events of default and available remedies for both parties

12. Governing Law: Applicable law and jurisdiction for dispute resolution

Optional Sections

1. Pet Policy: Terms and conditions for keeping pets, including additional deposits and restrictions

2. Parking: Allocation of parking spaces, fees, and related rules

3. Storage: Terms regarding storage unit access, usage, and restrictions

4. Subletting: Conditions and procedures for subletting or assignment

5. Utilities: Responsibility for utility payments and service arrangements

6. Guest Policy: Rules regarding guests, extended stays, and temporary occupants

Suggested Schedules

1. Schedule A - Property Inventory: Detailed list of furnishings, appliances, and their condition at lease commencement

2. Schedule B - HOA Rules: Current condominium association rules and regulations

3. Schedule C - Move-in Inspection Report: Documentation of property condition at move-in

4. Schedule D - Lead Paint Disclosure: Federally required lead paint disclosure for pre-1978 buildings

5. Schedule E - Building Amenities: List of included building amenities and usage rules

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

Fair Housing Act: Federal law prohibiting discrimination in housing based on race, color, national origin, religion, sex, familial status, and disability

Americans with Disabilities Act: Federal law requiring reasonable accommodations for disabled tenants and accessibility in common areas

Federal Lead-Based Paint Disclosure: Federal requirement to disclose known information about lead-based paint and hazards in pre-1978 housing

Fair Credit Reporting Act: Federal law governing the collection and use of consumer credit information for tenant screening

State Landlord-Tenant Laws: State-specific laws governing the rights and responsibilities of landlords and tenants, including eviction procedures and maintenance obligations

State Security Deposit Regulations: State laws specifying maximum deposit amounts, storage requirements, and return timeframes

State Notice Requirements: State-specific rules for providing notice of entry, lease termination, and other landlord-tenant communications

State Rent Control Laws: State regulations governing rent increases and rental rate restrictions where applicable

Municipal Housing Codes: Local regulations establishing minimum standards for residential properties and building safety

Local Rent Control Ordinances: City or county-specific regulations on rent increases and tenant protections

Zoning Regulations: Local laws governing property use, occupancy limits, and business operations within residential areas

Condominium Association Bylaws: Governing documents specific to the condominium complex that establish rules, responsibilities, and operational procedures

HOA Rules and Regulations: Homeowners Association specific guidelines covering common areas, exterior maintenance, and community standards

Common Area Usage Rules: Specific regulations governing the use of shared spaces, amenities, and facilities within the condominium complex

Property Insurance Requirements: Mandatory insurance coverage requirements for both landlord and tenant, including liability and personal property protection

Utilities and Maintenance Responsibilities: Specific allocation of responsibilities for utility payments and maintenance between landlord, tenant, and condo association

Emergency Access Provisions: Rules governing landlord and management access to the unit in emergency situations

Noise and Nuisance Regulations: Specific rules regarding noise levels, quiet hours, and other potential nuisances affecting neighboring units

Subletting Policies: Rules and restrictions regarding subletting, short-term rentals, and guest stays

Pet Policies: Regulations governing pet ownership, including restrictions on type, size, and number of pets allowed

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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