A Lease Offer Letter is a formal document that outlines the terms and conditions of a lease agreement. It serves as an official legal notice to potential tenants and must be generated when advertising any rental property.
The letter should contain all important details of the proposed rental arrangement, including: rental amount; length of the lease; security deposit; payment method and due date; any furniture or appliances included in the rental; who is responsible for maintaining common areas; and other applicable rules or restrictions.
It’s also important to include a disclosure statement that outlines your tenant’s rights under state law, such as their right to terminate the lease if ahabitable living condition cannot be maintained by the landlord. By signing a Lease Offer Letter, both parties agree to abide by the terms outlined in the letter.