Residential Real Estate Lease Agreement (Genie AI)

The Residential Real Estate Lease Agreement by Genie AI is a comprehensive legal template designed to regulate the rental relationship between a landlord and a tenant in the context of residential real estate properties. This legally binding document covers various essential aspects of the lease agreement, including the identification of both parties, property details, lease term, rental payments, late fees, security deposit, maintenance responsibilities, rules and regulations, utilities, pet policy, insurance, termination terms, and dispute resolution mechanisms. The template aims to provide a clear and concise framework for both parties to understand their rights, obligations, and expectations during the lease period, fostering a harmonious landlord-tenant relationship while protecting the interests of both parties.