Who needs the Wisconsin Residential Rental Agreement form?
A Residential Rental Agreement form is a legally binding contract between the owner of a residential property located in the state of Wisconsin and the personal who wants to rent it. According to the agreement, the parties are the Landlord and the Tenant.
What is the WI Residential Rental Agreement form for?
The purpose of a Residential Lease Agreement is to outline lease payment details and protect both the landlord and tenant in case of damages to the property or misuse of rent. It outlines the amount of monthly rent, move-in fees, security deposits, pet deposits, pet rent, and more.
Is the Wisconsin Residential Rental Agreement accompanied by any other forms?
In fact, there are no strict provisions as for the mandatory attachment to the lease agreements. However, in some cases, the landlord may be curious about the tenant’s rental history or credit rating, so if the tenant is particularly interested in renting out a certain property, it may be advantageous to provide this information.
When is the Residential Rental Agreement due?
The completion of this form does not necessarily follow a particular deadline. However, the rental agreement should be signed before the tenant moves in. The agreement usually has a duration of 12 months.
How do I fill out the Wisconsin Residential Rental Agreement form?
The following details are to be covered in order to complete the rental agreement:
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The names of the tenant (or tenants) and the landlord (and their agents);
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Address of the residential property to be rented;
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Amount and terms of rent payment;
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Information about which party should pay for certain utilities;
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Security deposit;
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Whether pets and water beds are allowed, etc.
Finally, the document must be signed by the tenant , co-signer (if any), the landlord and the agent.
Once this information has been filled out and the form has been signed, the contract is legally binding and must be followed and deposits/rent must be paid in full.
Where do I send the completed lease agreement?
Two copies of the Agreement should be signed by both parties; one copy is for the landlord and the other for the tenant. This document is typically used if there are some issues or disputes to resolve, so the copy should be retained until the termination of the agreement.
