Periodic Tenancy Contract
Contract No.: _______________
Party A (Lessor): _______________
Party B (Lessee): _______________
Rental Property Address: _______________
Date of Signing: _______________
Article 1. Lease Term
This Agreement is a periodic tenancy:
- Commencement Date: ____ / ____ / ____ (YYYY/MM/DD)
- Period: One rental period shall be on a (monthly / quarterly / yearly) basis.
- This Agreement has no fixed termination date and shall remain effective until either party gives notice of termination.
Article 2. Rent and Payment Method
- Rent per period: ________ (currency).
- Payment Method: Party B shall pay the rent no later than __ days before the start of each rental period.
Article 3. Security Deposit
- Security Deposit Amount: ________ (currency).
- Upon termination of this Agreement, if the premises and furniture are inspected and found to be free of damage, Party A shall return the deposit to Party B within __ days.
Article 4. Termination
- Either party may terminate this Agreement by giving written notice at least __ days in advance.
- If the Agreement is terminated before the end of a rental period, the rent already paid by Party B shall not be refunded, but the security deposit shall be returned in accordance with this Agreement.
Article 5. Miscellaneous
Other applicable provisions (e.g., with or without furniture, furniture inventory list, maintenance responsibilities, dispute resolution, etc.) may be included as needed.
Party A (Signature): __________________
Party B (Signature): __________________
Date: ____ / ____ / ____ (YYYY/MM/DD)