Kentucky Rental Lease Agreement Forms and Templates
Kentucky rental agreements allow a person that is seeking to rent property to legally do so by signing this document with a Landlord stating the terms for use. Both parties will be bound to the terms of the agreement. If there are any disagreements or if either party would further like to know their rights they may do so by viewing the landlord tenant guide.
- Commercial – Otherwise known as PM105, the commercial lease agreement allows for the landlord tenant relationship between industrial, office, or retail space. In most cases, the landlord will be paying for the fit-up of the premises to the tenant’s specifications. Therefore, it is highly recommended that the lease be for a long term, at least 2 to 3 years, and a sufficient background check is made on the tenant before authorizing.
- Rental Application – A useful tool as a landlord to screen a potential renter to verify that he or she is able to pay the amount and on time. It is at the landlord’s decision to charge a fee for accepting the application and servicing the credit and employment check. It shouldn’t take more than a few hours to a couple days for the landlord to verify all the tenant’s references.
- Residential Lease – A legal real estate contract between a landlord and tenant that allows one to rent from the other for monthly payments. Each party is bound to the conditions within this agreement and either may be subject to the terms. Approved by the Kentucky Real Estate Commission (KREC).
- Sublease – Use to allow a person (sublessee) to be able to rent from a person already under a rental agreement (sublessor) for partial or the entire remainder of the original term of the lease. The sublessor is still liable for the rental payments to the landlord every month so make sure every potential tenant is screened thoroughly.
Common Landlord-Tenant Laws
- Security Deposit
- Maximum – There is no statutory limit on how much a landlord may require
- Return – Thirty (30) days if there is no dispute by the tenant, if there is then the landlord has sixty (60) days
- Access – The landlord must grant notice two (2) days before entering the property for any use besides an emergency
Related Forms
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