Sample Lease Agreement - Rental Deposits, Fees, Inspections, and Utilities

Sep 16, 2026

Uploaded by Theodora

Sample lease agreement template defining the rental relationship between lessor/owner and lessee/tenant, including property identification, tenant and owner names, rental amount, and required deposits. The agreement specifies security and damage deposit timing, nonrefundable conditions, refund procedures, and permitted deductions for repairs, cleaning, smoking-related damages, and unpaid bills. It details late-payment and returned-check fees, inspection responsibilities, utility and heating obligations, temperature requirements, and limitations on alterations, subletting, and supplementary heating under applicable Rhode Island General Laws.

LanguageEnglish

CategoryForms

FormatPDF

Pages6

Reading Time2 min

AccessFree to download

Deposits

Security/Damage Deposit

Late and Returned Checks

Eviction Process

Inspection

Utilities

Heat

Interior Rules

SAMPLE LEASE AGREEMENT THE UNDERSIGNED LESSOR/OWNER has let and demised unto the undersigned LESSEE(S) herein called“Tenant”, this day of , 20 : Rental Address: ________________________________ ________________________________ Lessee/Tenant Name(s): Lessor/Owner Name(s): ________________________________ ________________________________ ________________________________ __________________________ __________________________ | | | --- | | | Rental Amount: Security Deposit: TO HAVE AND TO HOLD THE SAME, with the rights and privileges thereof, for the term of on condition of payment to said Lessor of a rent therefor of on the next hereafter; that the demised premises shall not be altered, mutilated, damaged, sublet, or underlet without the knowledge and written consent of the Lessor; and that for any condition broken, the Lessor, so choosing, may enter upon and resume possession of said premises, without prejudice to his/her/their other rights or remedies against the Tenant, hereunder, pursuant to Rhode Island General Laws. 1. DEPOSITS: Security Deposit is due at signing of lease or no later than . First Month/First Payment is due by . Checks should be made payable to and delivered to . If any of the present students are rerenting the same property, ,(hereinafter "Realty Agency") is entitled to the full commission. 2. SECURITY/DAMAGE DEPOSIT: The security deposit is to be held to reserve rental for . Upon Tenant’s arrival, it becomes a damage deposit. If the Tenant changes his/her/their mind, the security deposit is nonrefundable and will be forfeited. The damage deposit will be returned within 20 days of the expiration of the Lease pursuant to Rhode Island General Laws, turning in the keys ($10.00 for each missing key), and providing forwarding addresses, provided there is no physical damage to the premises and its furnishings, other than ordinary wear and tear, and no outstanding bills as provided. Tenants agree to allow Lessor to deduct from the security deposit the following charges if they apply: (a) The costs of any repairs, replacements, redecorating, and or refurnishing of the premises, or any fixtures, systems or appliances, caused by other than “ordinary” wear; (b) any damages caused by smoking inside the house as smoking is not permitted; (c) a reasonable cleaning expense; and (d) any outstanding bills (e.g. cable, internet, phone, electric, fuel) . THE SECURITY DEPOSIT MAY NOT BE USED FOR RENTAL PAYMENTS. 3. DELINQUENT AND/OR RETURNED CHECKS: Lessor's ability to provide services rests upon the prompt receipt of monthly/semester rental payment. Lessor's failure to receive Lessee's monthly/semester rent within 5 days of the due date will result in a late fee of $25.00 for each late payment, and an additional $2.00 fee per day will be assessed until payment is made. If a check has been returned by the financial institution, all future payments will be required in cash or by certified check. In addition, Lessee shall pay a $35.00 returned check fee. Eviction process for all tenants will begin on the 16th day any payment from any one individual is in arrears. All fees, late fees, and service charges incurred by the Tenant as well as any expenses including reasonable attorney’s fees incurred by Lessor in instituting and prosecuting any actions by reason of any default ofTenant hereunder shall be deemed tobe additional rent and shall be due from Tenant to Lessor immediately following the incurring of the respective expenses, the nonpayment of which shall be a breach of this agreement for nonpayment of rent. 4. INSPECTION: Lessee shall have 3 days from the beginning of the Lease to inspect the premises and return the "Inspection Sheet." Lessee shall be responsible for any damages not identified on the "Inspection Sheet." Normal and/or reasonable wear and tear are expected. 5. UTILITIES: Electricity, fuel, cable, telephone services, rubbish removal, and c

FAQs

When are the security deposit and first month’s payment due under this lease agreement?

The security deposit is due at signing of the lease or no later than the stated date, and the first month/first payment is due by the stated date in the form.

How is the security deposit handled, and when is it refundable?

The security deposit is first held as a security/damage deposit. It is nonrefundable if the tenant changes their mind, and the damage deposit is returned within 20 days after lease expiration if keys, forwarding address, and no physical damage or outstanding bills requirements are met.

What happens if rent is late or a check is returned?

If monthly/semester rent is not received within 5 days of the due date, late fees apply ($25 per late payment plus $2 per day). Returned checks require future payments in cash or certified check and incur a returned-check fee; eviction proceedings begin on the 16th day when payments are in arrears.

Sep 16, 2026

Uploaded by Theodora