Vermont Residential Lease Agreement Template
This Residential Lease Agreement (hereinafter referred to as "Agreement") is entered into this ____ day of ____________, 20____, by and between ______________________ (hereinafter referred to as "Landlord") and ______________________ (hereinafter referred to as "Tenant"). The premises leased under this Agreement are located at ____________________________________________ (hereinafter referred to as "Premises"), in the State of Vermont, USA.
By signing this Agreement, the Tenant agrees to lease the Premises from the Landlord for a fixed term of __________ (____) months/years, beginning ______________________ and ending ______________________, under the terms and conditions set forth herein, subject to Vermont state laws.
Payment Terms: The Tenant agrees to pay a monthly rent of $__________ to the Landlord due on the _____ day of each month. The first payment is due on ______________________. If not paid within _____ days after due date, a late fee of $__________ will be applied.
Security Deposit: Upon execution of this Agreement, the Tenant shall pay a security deposit of $__________ to cover any damages caused by the Tenant. The Landlord agrees to return this deposit within __________ days of lease termination, minus any deductions for repairs as per Vermont state laws.
Utilities: The Tenant is responsible for the payment of utilities associated with the Premises as follows:
- Electricity
- Gas
- Water
- Sewer
- Trash Collection
Maintenance and Repairs: The Tenant is expected to maintain the Premises in good order and condition. The Landlord is responsible for repairs due to ordinary wear and tear and must be notified immediately of any needed repairs.
Pets: Pets are _____ allowed in the Premises subject to the Landlord's prior approval. If approved, a pet deposit of $__________ is required.
Alterations: The Tenant shall not make any alterations or improvements to the Premises without the written consent of the Landlord.
Subletting: Subletting the Premises is _____ allowed without the prior written consent of the Landlord.
Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Vermont.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
Landlord's Signature: __________________________________ Date: ____________
Tenant's Signature: ___________________________________ Date: ____________