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Condominium Lease Agreement

A condominium (condo) lease agreement is between a landlord renting residential property in a condominium association to a tenant making monthly payments. It includes the responsibilities of each party and a copy of the condominium's bylaws that outlines the association's rules.
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Common Bylaw Rules (6)

  1. Approval of Tenant – If the condominium association requires that the tenant be approved before occupancy.
  2. Association Fees – The responsibility of the condominium association fees (commonly paid by the landlord).
  3. Common Areas – Outline the rules regarding the use of gyms, pools, jacuzzis, meeting rooms, and any other areas shared by residents.
  4. Guest Policy – Restrictions on how many guests can stay on the property and for how long.
  5. Moving Procedures – If there are rules on when and how a tenant can move-in and move-out, it should be mentioned (ex. “no moving on Sundays”).
  6. Smoking Policy – Generally prohibited indoors and outside common areas.

Sample

Download: PDF, MS Word (.docx), ODT

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