Ohio Rental Agreement Templates
The Ohio rental agreements are contracts between a landlord and a tenant. The tenant pays regular rent for the use of a rental property. These documents outline the terms associated with the property, including the duration of the tenancy and occupancy rules. Terms in the agreements cannot supersede state laws.
Ohio Residential Lease Agreement
The Ohio residential lease agreement (“rental agreement”) is a binding document used to formalize an agreement between a landlord and tenant to rent real property in exchange for a fee. The document allows negotiated terms to be made in regards to the monthly payment, security deposit, and other terms.
Ohio Month-to-Month Rental Agreement
An Ohio month-to-month rental agreement is mainly used by tenants and landlords seeking a short term occupancy arrangement, otherwise known as a tenancy at will. While payment is made every month, the contract may be canceled at any time with at least one (1) month’s notice to the other party. It is recommended that the landlord seek a security deposit at the time of lease signing in addition to the first (1st) month’s rent to ensure that if there is any damage that it will be covered.
Ohio Rental Application Form
The Ohio rental application form allows landlords to access information about a potential tenant’s criminal, credit, and rental history. This document can help landlords choose a viable tenant to rent or lease a property based on their past rental behavior. Tenants usually pay a small fee for this service.
Ohio Roommate Agreement
An Ohio roommate agreement acts as a contractual tool when several roommates have decided to share living quarters. In any situation where multiple individuals and personalities get mixed in, it should be expected that original agreements or terms may be forgotten or misconstrued down the line. Happily, setting leasing terms for roommates on paper will rectify this problem nicely.
Ohio Commercial Lease Agreement
An Ohio commercial lease agreement is between a property owner and a business entity electing to rent industrial, office, or retail related space. A lease agreement is usually longer than one (1) year (usually a three (3) to five (5) year initial term) due to the amount of money it takes for the business entity to generate sufficient income.
Ohio Disclosures
Lead-Based Paint Disclosure – Federally law that requires all landlords/managers/agents to inform any tenant of the possible existence of this type of paint only if the residence was built prior to 1978.
Ohio Security Deposits
Interest-Bearing Account (§ 5321.16) – If the landlord accepts either fifty dollars ($50) or the equivalent to one (1) month’s rent, whichever is greater, it should be held in an interest-bearing account at a rate of five percent (5%) per annum if the tenant is to stay on the premises for at least six (6) months. This interest rate must be paid by the bank or landlord.
Maximum – There is no State cap.
Returning (§ 5321.16) – Within thirty (30) days after the termination of a lease shall the landlord be required to pay back the tenant, along with any interest, their amount for the security deposit.
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