Virginia Rental Agreement Templates
The Virginia rental agreements are contracts that establish the use of a real property between the landlord and tenant. These documents define the amount of compensation (“rent”) that the tenant will pay, as well as other conditions. The agreements are governed by Virginia’s landlord-tenant laws.
Virginia Residential Lease Agreement
A Virginia residential lease agreement is a rental contract between a landlord and a tenant that binds them together for a predetermined period of time (commonly 12 months). The items usually most negotiated between the parties are the following:
- Rental amount
- Utility payments – Electricity, water, heat, air conditioning (if any), cable, etc.
- Fees – Pets (if any) and parking
- Garbage/waste management
Virginia Month-to-Month Rental Agreement
The Virginia month-to-month rental agreement enables a landlord to rent real property to a tenant in exchange for monthly payments. The contract carries a commitment of one month at a time and renews at the beginning of each month until it is canceled by the landlord or the tenant.
Virginia Rental Application Form
The Virginia rental application form is a document used as part of the tenant screening process before leasing a property. The application collects personal information, financial information, and rental history to help the agent or landlord determine whether to rent the property or not.
Virginia Roommate Agreement
A Virginia roommate agreement is useful for roommates seeking a written acknowledgment of the terms the roommates have agreed to. This template form was developed as a reusable contract for the benefit of the individuals wishing to share a residential property as renters. Normally, one or two of the roommates will sign a Master Lease and, provided it is allowed by the Master Lease, the other roommates will co-exist by paying their portion of the rent and living up to their responsibilities. This document primarily administers the binding language necessary to set up a basic leasing agreement with the wording required to outline the internal conditions that the roommates should wisely negotiate through.
Virginia Commercial Lease Agreement
A Virginia commercial lease agreement is a document that property owners/managers can use to bind a tenant into a legal agreement to rent a space for business purposes. The tenant may be an individual or business entity and the property may be used as industrial, retail, or office space. The lease agreement must be drafted to suit both parties involved, and the breakdown of the expenses relayed therein can be handled in the three (3) following ways:
- Triple Net (NNN) Lease Agreement – The tenant pays a set monthly amount for rent in addition to covering all expenses.
- Gross Lease Agreement – The tenant pays a monthly rental fee and the landlord pays for all utilities and other expenses.
- Modified Gross Lease Agreement – In addition to the monthly rent the tenant pays a portion of property-related expenses as stated in the lease.
Virginia Security Deposit Laws
Maximum Amount ($) – Two (2) months’ rent (§ 55.1-1226(A))
Returning – The deposit must be returned within forty-five (45) days after the date that the tenancy expires (§ 55.1-1226(A)).
Lead-Based Paint Disclosure – If the housing unit was constructed prior to 1978, the tenant must sign the lead paint disclosure. The completed disclosure must be attached to the rental agreement.
Owner/Landlord Disclosure – Before signing a rental agreement, tenants must receive a disclosure containing the name and address of the owner and any other individual with permission to act on the owner’s behalf and manage the premises (§ 55-248.12(A)).
Defective Drywall Disclosure – Landlords with knowledge of defective drywall in a residential dwelling must disclose this information to rental applicants (§ 55.1-1218).
Military Air Zone Disclosure – If a property is located in an area containing a military air installation, the tenant must receive a written disclosure notifying them that the area may experience excessive noise, potential accidents, or both (§ 55.1-1217).
Move In – Move Out Checklist – The landlord must, within five (5) days of a new tenancy, provide the tenant with an itemized list of any damages to the property (§ 55.1-1214). Included with this disclosure must be a statement specifying whether the dwelling contains any visible mold (§ 55.1-1215).
Sale of Premises Disclosure – If a property is sold, the landlord must provide tenants with the name, address, and phone number of the purchaser (§ 55.1-1216).
Demolition Disclosure – If a multiunit dwelling is being substantially demolished or renovated within six (6) months, prospective tenants must be informed of this information by the landlord (§ 55.1-1216)
Special Equipment, Submetering, and Systems Disclosure – Landlords who use the equipment for energy submetering, energy allocating, water and sewer submetering, or a ratio utility billing system must state this information in the rental contract (§ 55.1-1404).
There is no rent grace period in Virginia (§ 55.1-1245(F)). If rent is not paid when due, the landlord may serve a 5-day notice to quit on the tenant. If the tenant does not pay within the five (5) day notice period the landlord has the option to terminate the lease agreement.