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Property Agreement
This Property Agreement legally binds the Lessor and Lessee, detailing responsibilities, payment terms, and liability waivers for residential or commercial leases. It serves to clarify all parties' obligations and protect against disputes.
This Property Agreement legally binds the Lessor and Lessee, detailing responsibilities, payment terms, and liability waivers for residential or commercial leases. It serves to clarify all parties' obligations and protect against disputes.
Frequently Asked Questions
What is a Property Agreement waiver form?
A Property Agreement waiver form is a legal document outlining the terms for leasing property between a landlord and tenant.
Why do I need a Property Agreement waiver form?
You need this form to clearly define responsibilities, payment terms, and to protect against potential legal disputes during the rental period.
How can I customize this waiver template for my business?
Customizing this waiver template is quick and simple through our user-friendly editor. You can edit any text content, add or remove clauses, insert your business logo, add custom fields to collect specific information, include additional signature fields, and modify the layout to match your business needs. All changes are automatically saved to your account for immediate use.
Is this undefined waiver template free to use?
Yes, all our waiver templates are free to use for all WaiverForever users . WaiverForever gives you full access to our complete template library with unlimited customization options, secure digital storage, electronic signature capabilities, mobile app access, and customer management features. We also offer a generous free plan to help businesses get started, allowing you to explore our platform and templates before committing to a paid subscription.
Property Rental & Leasing Agreement WaiverThis Property Agreement ("Agreement") is entered into between the Lessor (Property Owner) and the Lessee (Tenant) for the purpose of leasing residential or commercial property under the terms stipulated below. This Agreement serves to legally bind both parties to the terms and conditions herein, waive certain liabilities, and affirm mutual understanding of responsibilities.1. Property DescriptionThe property subject to this Agreement is identified as follows:
Property Address
2. Agreement TermThe leasing period shall commence on the specified start date and continue until the end date, unless terminated sooner according to the terms herein.
Lease Start Date
Lease End Date
3. Payment TermsThe Lessee agrees to pay rent in the amount specified below, on or before the due date each month, and acknowledges that late payments may incur additional charges:
Monthly Rent Amount
4. Security DepositThe Lessee shall pay a security deposit as stated below, to cover damages beyond normal wear and tear or unpaid rent. The Lessor agrees to return the deposit in accordance with applicable laws and after satisfactory inspection.
Security Deposit Amount
5. Responsibilities and ObligationsThe Lessee agrees to maintain the property in good condition, using it only for lawful and agreed purposes. The Lessee accepts responsibility for any damage caused during the rental period, natural wear and tear excepted. The Lessor agrees to provide a safe and habitable property and to perform necessary repairs in a timely manner.Both parties affirm understanding that any violation of these terms may result in termination of this Agreement and potential legal remedies.
6. Waiver and Release of LiabilityBy signing this Agreement, the Lessee waives any claims against the Lessor for injuries, losses, or damages occurring on the property during the term of the lease, except where caused by the Lessor's gross negligence or willful misconduct. The Lessee agrees to indemnify and hold harmless the Lessor from any liability arising from the Lessee's use or occupancy of the property.
7. Governing Law and Dispute ResolutionThis Agreement shall be governed by the laws of the jurisdiction in which the property is located. Parties agree to attempt mediation prior to pursuing legal action in case of disputes.
Lessee Full Name
Lessor Full Name
Lessee Phone Number
Lessee Email Address
Lessee Signature
Lessor Signature
Date of Signing
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