A free basic lodger agreement template is a legal document that outlines the terms and conditions between a landlord and a lodger. It serves as a contract that protects the rights and interests of both parties. While it may not be as comprehensive as a tenancy agreement, it provides a solid foundation for a lodger arrangement.
Key Elements of a Free Basic Lodger Agreement Template
Free lodger agreement template download – Lofti
A well-structured free basic lodger agreement template should include the following essential elements:
1. Parties Involved
Landlord: The person or entity who owns or manages the property.
Lodger: The person who rents a room or space within the property.
2. Property Description
Address: The complete address of the property.
Description: A detailed description of the rented space, including the number of rooms, amenities, and any specific features.
3. Term of Agreement
Start Date: The date when the agreement commences.
End Date: The date when the agreement terminates, which can be a fixed term or month-to-month.
4. Rent and Payment Terms
Rent Amount: The amount of rent to be paid per week, month, or other agreed-upon period.
Payment Due Date: The specific date by which the rent must be paid.
Payment Method: The preferred method of payment (e.g., cash, check, bank transfer).
Late Payment Charges: Any penalties or interest that may be imposed for late payments.
5. Deposit
Deposit Amount: The amount of security deposit required.
Purpose: The purpose of the deposit (e.g., to cover damage to the property).
Return: The conditions under which the deposit will be returned.
6. Utilities and Services
Included Utilities: A list of utilities included in the rent (e.g., electricity, water, gas).
