Housing Types and Rental Agreements

The exterior of a house.

A rental agreement is a legally binding contract between a landlord and tenant – a few of the most common types are described below. 

What the rental agreement should include

All rental agreements should contain some essential information, such as:

  • Names of the landlord and tenant(s)
  • Address of the rental unit
  • Amount of rent
  • When rent is due and how to pay it
  • Who is responsible for paying utilities
  • Number of people allowed to live in the unit
  • Whether pets are allowed*
Rental agreement red flags
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Last modified: Apr 04, 2024