Free Nevada Residential Lease Agreement

ANevada lease agreement is used to establish the terms and conditions that a landlord and tenant must follow in regard to a rental property. It is written in a way that complies with the laws of Nevada. 

Lease agreements are similar to rental agreements as they are both legally binding contracts that define the terms of use and payment plans for a property. However, a lease agreement typically covers long-term leases while a rental agreement deals with short-term tenancies.

The following information should be included in a Nevada lease agreement. 

• Period of time in which the tenant can occupy the property

• Amount of rent that should be paid

• Details about security deposits 

• Frequency of rental payments

• Information about additional costs 

• Usage terms of the property 

• Eviction terms and procedures

There are many types of Nevada lease agreement forms that can be used to manage and legally bind many different types of rental situations. They allow landlords to rent out various types of property they might have and for tenants to find the best kind of tenancy for their needs.

The most common types of lease agreements in Nevada include:

• Standard residential lease agreements: Under a standard lease agreement both the landlord and tenant commit to a fixed set of terms that last for a series of months or years.

• Rent-to-own lease agreements: Lease agreements with rent-to-own options are designed for tenants that wish to buy the property they are renting. This requires them to pay a sum of money each month, in addition to rent, to cover the costs of the principal.  

• Month-to-month rental agreements: Month-to-month lease agreements will often have similar basic terms to standard residential lease contracts. However, they differ as they can be renewed or ended on a month-by-month basis. Their terms may also be flexibly altered each month. 

• Commercial lease agreements: Commercial leases are provided by landlords of retail property to tenants that intend to use the real estate to run a business.

• Room rental agreements: In rental properties with shared living areas, a room rental agreement can be used to rent a singular bedroom. 

• Sublease agreement: ANevada sublease agreement allows tenants to reassign or ‘sublease’ the property to another individual. This requires the property landlord’s permission and must be specifically allowed in the original lease.

There are various disclosures and addendums that must be contained within Nevada lease agreementswhen they are completed and signed. These are made to inform the tenant about any health risks, potential issues, or details about how the property is managed. 

The list below includes the essential addendums in Nevada: 

• Foreclosure: You must notify the tenant in writing of any foreclosure proceedings issued against the property (NRS 118A.275).

• Lead paint disclosure: Landlords must disclose whether lead paint can be found on the property (if the building was constructed before 1978). 

• Nonrefundable fees: Any nonrefundable fees must be clearly stated in the rental agreement (NRS 118A.200).

• Move-in checklist:Landlords must give a rental inspection checklist to tenants when they move into the property detailing the condition of the rental unit ().

• Nuisance/violation: You must provide instructions to the tenant on reporting a nuisance or violation on the premises to the appropriate government authorities (NRS 118A.200).

• US flag right to raise: Landlords in NV must give tenants information on their right to raise the US national flag on the premises (NRS 118A.325).

A Nevada lease agreement must be written and signed within the laws of Nevada state. Otherwise, it will be legally contestable and can be declared invalid and block either party from recourse if a violation is committed. These laws and terms will police how you start and end the contract and control what procedures you can reasonably ask a tenant to follow.

The most important laws to consider when you are renting a property in Nevada include:

• Security deposits:Nevadalandlords may charge no more than 3 months’ rent as a security deposit. This must be returned to the tenant within 30 days of vacating the property and returning the keys. Landlords must also give advance notice of any deductions (NRS 118A.242).

• Landlord’s right to enter: Landlords can enter the rental property by giving 24 hours’ advance notice (a written notice is recommended). However, if an emergency occurs the landlord may enter without notice (NRS 118A.330).

Before beginning the process of creating a residential lease agreement in Nevada, it is sensible to review an example document first. Use our Nevada lease agreement sample below to find out more about the structure and contents of a fully-fledged rental contract.

Besides lease agreements, there are various other legal documents that are commonly used by landlords. If you are the owner of a rental property, one of the following forms may be helpful for you: 

• Nevada Rental Application

• Nevada Eviction Notice