Residential Rental Lease Agreement Wi

As a rental property owner, it`s important to protect yourself and your investment by having a residential rental lease agreement in place. This legal document outlines the terms and conditions of the rental agreement between you and your tenant, ensuring that both parties understand their rights and responsibilities.

If you`re a landlord in Wisconsin, there are specific laws and regulations that govern residential rental lease agreements. It`s important to understand these laws and incorporate them into your lease agreement to avoid any legal issues down the line.

Here are some key elements that should be included in your Wisconsin residential rental lease agreement:

1. Property description: Your lease agreement should clearly describe the property being rented, including the address and any specific details about the unit or property.

2. Term of lease: Specify the length of the lease agreement, including the start and end date. Also, clarify the rules around renewing or extending the lease.

3. Rent payment: State the amount of rent to be paid, when it`s due, and how it should be paid. You can also include details about late payment fees, bounced check fees, and other charges related to rent payments.

4. Security deposit: Outline the amount of the security deposit required, the conditions for its return, and any deductions that can be made from the deposit.

5. Utilities: Specify which utilities are included in the rent and which are the tenant`s responsibility to pay for. You can also outline any rules around conserving energy or water usage.

6. Repairs and maintenance: Clearly outline the responsibilities of both the landlord and the tenant regarding repairs and maintenance of the property. This should include details about who is responsible for minor repairs, major repairs, and emergency repairs.

7. Pets: If you allow pets, include details about the types of pets that are allowed, any restrictions on pet size or breed, and any additional fees associated with pets.

In Wisconsin, there are also specific laws around security deposits and lease termination. For example, landlords must return the security deposit within 21 days of the tenant moving out. Additionally, they must provide notice to tenants before entering the rental property, except in cases of emergency.

By including all the necessary details in your Wisconsin residential rental lease agreement, you can protect yourself and your investment and avoid any legal issues down the line. If you`re not familiar with the laws and regulations in Wisconsin, consider consulting with a local attorney to ensure that your lease agreement is compliant.