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Attorney-Approved Virginia Residential Lease Agreement Form

The Virginia Residential Lease Agreement form is a legally binding document between a landlord and a tenant that outlines the terms and conditions of renting residential property in the state of Virginia. It is designed to protect the rights and responsibilities of both parties involved in the leasing arrangement. This form serves as a comprehensive guide to ensure clarity and prevent potential disputes during the lease term.

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In the complex world of housing rentals, understanding the intricacies of a lease agreement is vital for both landlords and tenants. The Virginia Residential Lease Agreement form serves as a cornerstone in establishing a clear and legally binding relationship between these two parties. This document meticulously outlines the terms of the tenancy, including the period of the lease, monthly rent, security deposit requirements, and policies regarding pets, maintenance, and utilities. Furthermore, it specifies the rights and responsibilities of each party, ensuring that landlords can safeguard their property while tenants are aware of their obligations and the conditions under which they live. The form is designed to prevent disputes and misunderstandings, making it an essential tool for anyone involved in renting property in Virginia. By delving into the major aspects of this form, individuals can navigate the leasing process with greater confidence and understanding.

Example - Virginia Residential Lease Agreement Form

This Virginia Residential Lease Agreement ("Agreement") is made and entered into this ___ day of __________, 20__, by and between ____________________________ ("Landlord") and ____________________________ ("Tenant(s)"). Premises located at _______________________________________________ ("Property") are hereby leased on the terms and conditions set forth below.

WHEREAS, Landlord desires to lease the Property to Tenant under the terms and conditions as described herein; and

WHEREAS, Tenant desires to lease the Property from Landlord under such terms and conditions.

NOW, THEREFORE, for and in consideration of the mutual promises, covenants, and agreements contained herein, the parties hereto agree as follows:

Term. The term of this Agreement shall commence on _____________, 20__, and shall terminate on _____________, 20__, unless sooner terminated according to the provisions herein.
Rent. Tenant agrees to pay Landlord the sum of $____________ per month as Rent, payable in advance on the first day of each month. The first payment is due on or before the commencement date of this Agreement.
Security Deposit. Upon the execution of this Agreement, Tenant shall pay to Landlord a security deposit of $____________ to be held as a security for the faithful performance by Tenant of all terms and conditions of this Agreement. Subject to Virginia Residential Landlord and Tenant Act, the security deposit will be returned to Tenant within 45 days after the termination of the lease, less any amounts properly withheld for damages or unpaid rent.
Occupancy. The Property is to be occupied strictly as a residential dwelling by Tenant(s) and the immediate family members listed here: ___________________________________________________________. No other persons may reside on the Property without the prior written consent of Landlord.
Maintenance and Repairs. Tenant agrees to keep the leased Property clean, sanitary, and in good order and condition, and to immediately report to the Landlord any damage, need for repairs, or maintenance that Tenant cannot personally resolve. Tenant shall not make alterations to the Property without Landlord's prior written consent.
Use of Property. Tenant agrees that the Property shall be used only for residential purposes and no part of the Property shall be used at any time during the term of this Agreement by Tenant for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single-family residence.
Compliance with Laws. Tenant agrees to comply with all statutes, ordinances, rules, and orders of all governmental or quasi-governmental authorities affecting the cleanliness, use, occupancy, and preservation of the Property.
Default. If Tenant fails to comply with any of the financial or material provisions of this Agreement, or of any present or future state law, after a written notice of such default, Landlord may terminate this Agreement at any time.
Notices. Any notice required or permitted under this Agreement or under state law shall be deemed sufficiently given or served if sent by United States certified mail, return receipt requested, addressed as follows:

Landlord: ___________________________________________________
Tenant(s): __________________________________________________

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed the day and year first above written.

Landlord's Signature: ___________________________ Date: ____________

Tenant's Signature: _____________________________ Date: ____________

Tenant's Signature (if more than one tenant): ______________________ Date: ____________

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PDF Overview

Fact	Description
Governing Law	The Virginia Residential Landlord and Tenant Act primarily governs residential lease agreements in Virginia.
Security Deposit	Virginia law limits security deposits to no more than two months' rent.
Notice Period for Lease Termination	Tenants are generally required to provide a 30-day notice to landlords when intending to terminate a month-to-month lease.
Rent Grace Period	Virginia does not mandate a grace period for rent payments; it is determined by the terms of the lease agreement.

Key takeaways

Filling out and using the Virginia Residential Lease Agreement form is an important step in renting property in Virginia. Here are nine key takeaways to help guide you through the process:

Understand all terms: Before signing, make sure you thoroughly understand every condition outlined in the lease agreement. This contract will govern your rental relationship, and it's crucial that both parties know their rights and responsibilities.
Check for a detailed description of the property: The lease should clearly describe the property being rented, including its address and any specific unit number or identifiers to avoid any confusion about what is being leased.
Review the lease term: Pay close attention to the start and end dates of the lease term to ensure they align with your needs. Whether it's a fixed-term lease or month-to-month, these dates are critical.
Rent and payment details are key: The amount of rent, when it's due, and how it should be paid should be clearly stated. This section should also outline any late fees or penalties for missed payments.
Security deposit specifics: Understand the amount of the security deposit required, the conditions under which it can be withheld, and the timeframe for its return after the lease ends.
Maintenance and repairs: Determine who is responsible for maintenance and repairs. The lease should outline the tenant's responsibilities versus those of the landlord, including any restrictions on altering the property.
Rights to renew or terminate: Look for any clauses that detail how the lease can be renewed or what notice is required to terminate the agreement. This is vital for planning your future housing needs.
Rental insurance requirement: Check if the agreement requires the tenant to obtain renters insurance, which can provide valuable protection for your belongings in case of damage or theft.
Restrictions and policies: Be aware of any restrictions on use of the property, including pet policies, rules about guests, or prohibitions on business activities. Violating these terms can result in penalties or eviction.

Familiarizing yourself with these aspects of the Virginia Residential Lease Agreement will help ensure a smooth and straightforward rental experience. Remember, every lease agreement can have unique provisions, so it's crucial to read and understand your specific contract.

Popular Residential Lease Agreement State Templates

Washington State Rental Agreement - Formulating a Residential Lease Agreement is a critical step in formalizing a renter's occupancy and safeguarding the property.

Free Lease Agreement Alabama - A Residential Lease Agreement is a legal document outlining the terms under which a tenant agrees to rent a home or apartment from a landlord.

Lease Agreement Alaska - Requirements for notices, such as how and where notices to vacate or other communication should be delivered, are specified.

Oregon Residential Lease Agreement - The agreement might include a clause about the return of the security deposit, including the conditions under which it will be fully or partially withheld.