North Dakota Residential Lease Agreement
The standard North Dakota residential lease agreement is a contract between a landlord, known as the lessor, and a tenant, known as the lessee, lasting one (1) year (although may be any fixed time-period). The tenant’s main duty is to pay the landlord a monthly amount typically due on the first (1st) of every month while the landlord’s job is to make sure the space is always in livable condition.
How to Write
After the potential lessee shows interest in the property, the parties will get together to negotiate a verbal agreement based on the interested party passing a rental application. If the tenant is approved, the lease will be written and the security deposit will be requested to be presented at the time of authorization. Upon signing the tenant shall be given immediate access to the premises unless the landlord withholds the keys until the occupation date stated in the contract.
- Lead-Based Paint – Only required if the housing unit was constructed before 1978. This is in accordance with federal law.
- Move-in Checklist – If the landlord asked for a security deposit at the time of lease signing, this form must be presented to the tenant and signed. It is recommended to be attached to the signed agreement.