Wisconsin Lease Agreements | Residential & Commercial

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A Wisconsin lease agreement is a document used for the binding arrangement between a landlord and tenant for the use of residential or commercial property in trade for rent payment. The landlord will commonly authorize a lease after a careful review of the tenant’s credit report and employment income. After signing, the tenant will be required to pay a security deposit, if any, and the first (1st) month’s rent. Access will be given to the tenant at the start of the lease term.

Rental Application (Realtor Version) – For the use of a landlord to verify that a tenant is employed, has decent credit, and that their background is clean.

Table of Contents

Agreement Types (8)


Association of Realtors Lease – Provided by the Wisconsin Association of Realtors for standard residential tenancies.

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Commercial Lease Agreement – Contract intended or a business-related use such as a retail store, office (professional use), or as industrial (warehouse/storage). Not for the use of livable conditions.

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Month-to-Month Lease Agreement (§ 704.19) – An arrangement where the tenant pays the landlord on a monthly basis with no set end date. Rather, the form is canceled by notice to the other party of at least twenty-eight (28) days.

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Rent-to-Own Lease Agreement – Residential tenancy that gives the right to buy the space/property to the tenant.

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Room Rental (Roommate) Agreement – A situation with more than one (1) person occupying the same home and the document establishes the rules for common areas, chores, and general terms for the property.

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Standard Residential Lease Agreement – Usually a one (1) year lease but a contract with a specified start and end date.

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Sublease Agreement – A tenant who decides to rent their space to another individual. Also known as ‘subletting’, the original tenant’s master lease must allow for this use or else the landlord’s written consent must be granted.

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Termination Lease Letter (28-Day Notice) – § 704.19 provides that at least twenty-eight (28) days be given before canceling a month-to-month tenancy.

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Disclosures

Agent/Landlord Identification (§ 134.04) – All persons allowed on the premises and/or allowed to collect rent must be listed in the rental contract along with an address for official notices.

Lead-Based Paint – Required via federal law for any housing unit built prior to 1978.

Move-in Checklist (§ 134.06) – If the landlord accepts a security deposit, they must notify the tenant in writing within seven (7) days of the initial tenancy that they are entitled to go through the premises for their own inspection of any pre-existing damage or defects. Furthermore, the landlord must also let the tenant know that they have the right to view the previous tenant’s list of charges deducted from their security deposit upon their move-out.

Water/Heat/Electricity (§ 134.04(3)) – If the rent does not include water, heat, or electricity it must specifically be written in the lease.

Notice of Domestic Abuse Protections

Pursuant to § 704.14. a residential agreement should include the following addendum.

Access

According to § 704.05(2) the landlord may enter the premises at reasonable times with advanced notice. Advanced notice is not defined in any set amount.

Security Deposits

Maximum – No State cap.

Returning (§ 134.06) – Within twenty-one (21) days of the tenant moving out the landlord must give the funds associated with the deposit back to the tenant.

Guides

(Video) What are the Wisconsin Rental Laws?