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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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Condominium Policies

  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

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