Category: agreement

Free Rental Agreement Template Contents

Getting a free rental agreement template is possible because such a template can be found in reliable websites and sources. Also known as the lease agreement, this kind of agreement has a legal binding between 2 different parties, mostly the tenant and the landlord. The lease agreement would cover the residential agreements and the important elements that should be found in this written document.

The Most Crucial Elements

F you see the free rental agreement example, you should know that the agreement has these elements:

  • The premise, which can include the basement, the attic, a condominium, an apartment, or a house
  • The landlord who is the owner of the premise. This party is often referred to as the Lessor.
  • The tenant who is the renter living in the premise. This party is often referred to as the Lessee
  • The rent which refers to the sum of money paid by the lessee to the lessor
  • The term which is the time length where the tenant has the right to stay within the premise

 

Why Is the Agreement Important?

Why would you need the rental agreement?

  • First of all, when two parties are making a deal, especially in the formal tone, they need to have a formal written documents that would bind them legally. Based on the law, the two parties have their own rights and obligations.
  • The documents are designed to help both the lessor and the lessee to understand their rights and obligations. The documents are also designed to prevent further problems that may arise if the detailed points haven’t been laid out in the detailed manner.
  • The documentation can provide evidence and it can be used as a proof. The oral agreement, doesn’t have any legal binding power, and it can’t be used in the court of law. Whereas the written documentation is more accurate, it is not so with the oral one.

 

Some Example Details

These are some examples of free rental agreement points that can be made between the lessor and lessee.

For the landlord, they promise to:

  • Respect the lessee’s privacy, including not making surprise visit.
  • Maintain and repair the AC or heater
  • Provide a clean and also safe home to the lessee
  • Return the lessee’s deposit if they are proven to treat the premise well like their own. The condition should be good by the end of the lease
  • Tell the lessees in advance about their coming or entering the premise to show something, six something, or show someone else the property

For the tenant, they promise to:

  • Pay the lessor each month on time within the specific date or day
  • Pay the utility, including heating, water, gas, and light
  • Live in the premise with immediate family
  • Not to have pets without asking the lessor first
  • Not starting any illegal business

If you are the landlord, having the agreement can provide a big help and relief, especially if the property is damaged during the lease. If you are the tenant, you make sure that your rights are all covered. That’s why it is crucial to have the free rental agreement template for composing the actual document.

8+ Confidentiality Agreement Template

Every entrepreneur seems to need to protect all confidential information and the confidentiality agreement document will help you to get that. We will show you why this thing is important as well as the guide to create one.

About the confidentiality agreement

We also call it as the non-disclosure agreement or the NDA. In order to protect the confidential information of your property or business, you need to have this document to maintain the competitive advantage. Basically, it can be used to protect any intellectual property from going into the wrong place. Writing the NDA before share the confidential information is important, so both parties accept every duty and privilege.

The purpose of the confidentiality agreement

The NDA is really useful to protect your business.  If you want to protect your confidential information about the business and do not want it goes public, this form will make it legal. If another party did the opposite then you can bring it to the legal way or suing the party who has violated the signed contract.

Other than that, this form can also be used for a consultant who has confidential information about a company or project. The form will separate the information that can be and cannot be revealed to the public. The agreement is formal and both sides have to sign on the document. Generally, there are two types of NDA documents.

The first is a unilateral NDA, which is about one party that agrees to not disclose a certain kind of information about another party. This is the most common NDA contracts. If you have a business and you use a service from contractors then you can use this document to not share the information outside.

The second type is a mutual NDA, which will include both parties to acknowledge not sharing each other’s information to the public. Typically, the mutual NDA is used when both parties have confidential information.

How to write a confidentiality agreement

This document is very straightforward compared to other documents for business agreement. Other than the signatures of both parties, there are at least two main things you must include in the document. First of all, make sure which type of NDA you will use.

The first thing that must be included in the document is the confidential information that cannot be shared with the public. It must be clear and exact because, in fact, you can state a very specific piece of information that you want to protect. The term “business practice” is hard to define after all.

Other than that, do not forget to state the period of the NDA will last. The time frame includes the date of the NDA will run.

The guidelines for the NDA document

If the NDA is violated, the party who shared the information to the public can be sued for damage and payback the profit lost from another party. Even in some cases, it can lead to a criminal charge. Feel free to ask a lawyer if your agreement is breached by another party and this is the end of the confidentiality agreement.