The Most Commonly Used Virginia Lease Agreements
The most commonly used Virginia lease agreements are the annual standard lease agreement, the lease to own agreement, a month-to-month lease agreement, a roommate agreement, a sublease agreement, and a commercial lease agreement.
How to Write a Standard Virginia Lease Agreement
A standard Virginia lease agreement is the most commonly used leases for residential units. They usually last a year. They’re usually good for a period of one year. You need the following to create this sort of lease:
- The date that the agreement is created
- The name of the landlord and the tenant; the name of any management company or agent for the landlord who has permission to act on the landlord’s perhaps
- The address of the premises to be leased, including the name of the county
- The length of the lease as well as the starting date and the ending date; the lease should also specify whether the lease will renew for another year, switch to month to month, or end at the end of the term
- The amount of rent for the total length of the lease, the amount that must be paid each month, how rent can be paid, where rent can be paid, and the amount the tenant paid before moving in
- Whether a late fee will be charged if the rent is late and how much that fee will be; whether the landlord will charge a NSF fee
- Whether pets are allowed
- Whether there is a homeowners association or co-op
- If parking is provided
- The utilities that the tenant must pay
- Whether the unit is furnished or if it has appliances for the use of the tenant
- The amount paid as a security deposit
- How the tenant may request maintenance
- Whether there are smoke and carbon monoxide detectors
- What happens in the event of bankruptcy
- What happens in the event of death of either party
- Information about fire or casualty damage
- Whether subletting is allowed
- Statutory notices for tenants
- Any additional terms
A Virginia lease agreement must be signed and dated by both the tenant and the landlord.
What Disclosures Must Be Made in Virginia Lease Agreements?
There are several disclosures that must be included in a Virginia lease agreement:
The landlord must give 24 hours of notice even for repairs unless the tenant makes the request.
What You Need to Know about Virginia Lease Deposits
The landlord may not charge more than two months of rent as a security deposit. The landlord must return the security deposit to the tenant within 45 days of the end of tenancy.