Free Lease Agreement Template (E-Sign Ready)

RESIDENTIAL / COMMERCIAL LEASE AGREEMENT This Lease Agreement (the "Lease") is entered into as of [Effective Date] (the "Effective Date"), BETWEEN: [Landlord Name], with a mailing address at [Landlord Address] (the "Landlord"); AND [Tenant Name], with a mailing address at [Tenant Address] (the "Tenant"). The Landlord and the Tenant may be referred to individually as a "Party" and collectively as the "Parties." 1. PREMISES The Landlord leases to the Tenant, and the Tenant leases from the Landlord, the real property located at [Property Address], Unit or Suite [Unit or Suite Number] (the "Premises"), together with any appurtenances, parking spaces, and common areas described in Exhibit A (if attached). The Premises are leased for [Residential / Commercial] use only, unless otherwise agreed in writing. 2. TERM The term of this Lease begins on [Lease Start Date] and ends on [Lease End Date] (the "Term"), unless earlier terminated in accordance with this Lease. If the Tenant remains in possession after the Term with the Landlord's written consent, occupancy will continue on a month-to-month basis on the same terms, subject to rent adjustments the Landlord may give with at least thirty (30) days' notice. 3. RENT (a) Base Rent. The Tenant will pay monthly rent of [Monthly Rent Amount] (the "Rent"), due in advance on or before the [Rent Due Day of Month] day of each calendar month. (b) Payment Method. Rent is payable by [Payment Method — e.g., ACH, check, online portal] to [Payment Payee / Account Instructions]. (c) Late Fees. If Rent is not received within [Grace Period — e.g., five (5)] days after the due date, the Tenant will pay a late fee of [Late Fee Amount], plus any permitted interest or charges allowed by law. (d) Proration. If the Term begins or ends mid-month, Rent will be prorated on a daily basis. 4. SECURITY DEPOSIT Upon execution of this Lease, the Tenant will pay a security deposit of [Security Deposit Amount] (the "Deposit"). The Landlord may apply the Deposit to unpaid Rent, damage beyond normal wear and tear, cleaning, or other amounts the Tenant owes under this Lease. The Landlord will return any unused portion of the Deposit within the time required by [Governing Law / Jurisdiction], together with an itemized statement of deductions, if any. 5. USE AND OCCUPANCY The Tenant will use the Premises only as a private residence / lawful business (as applicable) and will not use the Premises for illegal purposes. The Tenant will not sublet or assign the Premises without the Landlord's prior written consent. Occupancy is limited to the Tenant and the individuals listed on Exhibit B (if attached). 6. MAINTENANCE AND REPAIRS (a) Landlord. The Landlord will maintain structural components, roof, exterior walls, plumbing, electrical, and HVAC systems serving the Premises, except damage caused by the Tenant's misuse or negligence. (b) Tenant. The Tenant will keep the Premises clean and sanitary, replace batteries in smoke/CO detectors as needed, promptly report maintenance issues, and pay for damage caused by the Tenant, guests, or pets beyond normal wear and tear. (c) Access. The Tenant will permit the Landlord reasonable access to inspect, make repairs, or show the Premises to prospective tenants or buyers, with notice as required by law except in emergencies. 7. UTILITIES AND SERVICES Unless otherwise stated in Exhibit C, the Tenant is responsible for [Tenant Utilities — e.g., electricity, gas, internet]. The Landlord is responsible for [Landlord Utilities — e.g., water, trash]. The Tenant will not allow utilities to be disconnected for non-payment during the Term. 8. RULES AND RESTRICTIONS The Tenant agrees to comply with all applicable laws, HOA or building rules, and the following: no illegal activity; quiet enjoyment for neighbors; pets only as permitted in [Pet Policy]; no smoking inside the Premises unless allowed in writing; no alterations without Landlord approval; and no storage of hazardous materials. 9. INSURANCE The Tenant is encouraged to maintain renter's or commercial general liability insurance covering personal property and liability. The Landlord's insurance does not cover the Tenant's belongings. Each Party will notify the other of casualty or liability claims affecting the Premises when practical. 10. DEFAULT AND REMEDIES A material default includes failure to pay Rent when due (after applicable notice and cure periods), breach of use or assignment restrictions, or material violation of this Lease. Upon default, the Landlord may pursue remedies available under [Governing Law / Jurisdiction], including termination, possession, and recovery of amounts owed, subject to mandatory notice and cure rights. 11. EARLY TERMINATION Either Party may terminate this Lease before the end of the Term only as permitted by law or with [Notice Period for Termination] days' written notice and payment of any agreed early termination fee of [Early Termination Fee — or "N/A"]. Military, habitability, or statutory break rights apply where required by law. 12. GOVERNING LAW AND DISPUTES This Lease is governed by the laws of [Governing Law / Jurisdiction], without regard to conflict-of-law rules. Disputes will be resolved in the courts of [Governing Law / Jurisdiction], unless the Parties agree to mediation first. Required landlord–tenant disclosures for the Premises are attached as exhibits where applicable. 13. GENERAL (a) Entire Agreement. This Lease and any exhibits constitute the entire agreement regarding the Premises and supersede prior oral or written understandings. (b) Amendments. Changes must be in writing signed by both Parties. (c) Severability. If any provision is unenforceable, the remainder stays in effect. (d) Notices. Notices must be in writing and delivered to the addresses above or updated addresses given in writing. (e) Counterparts and Electronic Signatures. This Lease may be executed in counterparts, including electronic signatures, each of which is deemed an original. IN WITNESS WHEREOF, the Parties have executed this Lease as of the Effective Date. LANDLORD Name: [Landlord Name] Signature: _______________________________ Name of Signatory: _______________________ Title: ___________________________________ Date: ____________________________________ TENANT Name: [Tenant Name] Signature: _______________________________ Name of Signatory: _______________________ Date: ____________________________________