Free Condominium Lease Agreement Template

A condominium lease agreement is a rental contract between the owner of a condo unit and a tenant. It covers rent, the length of the tenancy, and the rules that apply inside the unit.

The document works like a standard residential lease in most respects. However, it carries one extra layer, because the association’s rules travel with the unit. Your tenant has to follow them too.

That layer is why a generic rental form often falls short. For example, an owner who says nothing about parking or amenity access answers those questions by text message later.

So put the answers in writing from the start. A clear lease protects your investment and tells your tenant exactly what they can do. It also keeps the association out of the middle.

Use a written condominium lease agreement any time someone pays to live in your unit. Once money and occupancy meet, both sides need the same facts on paper.

Owners reach for this document in several common situations:

• Renting out an investment unit — you bought the condo to lease rather than live in.
• Leasing during a relocation — you plan to return, so the end date matters.
• Renting to a family member — money between relatives still benefits from clear terms.
• Handing the unit to a property manager — the manager needs a signed lease to enforce anything.
• Filling a short vacancy — a brief tenancy while you decide whether to sell.

A verbal deal may feel simpler at first. In practice, though, it leaves you without proof of the rent amount or the move-out date. Nobody can point to who agreed to replace a damaged appliance. Many associations also expect owners to keep a signed copy on file, so a handshake creates a paperwork problem later.

A condominium lease agreement covers the same core terms as any rental, plus the details that come with shared buildings. Work through each section below.

Parties and Unit Details

Name the owner and every adult tenant. Then identify the property precisely: building address, unit number, and any assigned parking space or storage locker. Vague descriptions cause arguments when a tenant parks in a spot that belongs to a neighbor.

Term and Rent

State the start date, the end date, and whether the tenancy rolls month to month afterward. Add the rent amount, the due date, the payment methods you accept, and the late fee you plan to charge.

Security Deposit

Record the deposit amount and the conditions for returning it. Deposit rules vary widely, so check your state’s official website before you set a figure.

Association Rules

Attach or summarize the association’s rules on noise, pets, guests, moving hours, and short-term rentals. This section is what separates a condo lease from a house lease.

Fees and Utilities

Spell out who pays the monthly association dues, which utilities you cover, and how you handle special assessments. Owners usually keep dues and assessments, but say so rather than leaving it to assumption.

Maintenance and Repairs

Split responsibility between the tenant, you, and the association. The association typically maintains the exterior and common areas, while you handle what sits inside the walls.

Access and Entry

Describe when you may enter for repairs or showings, and how much notice you will give first.

Signatures

Leave space for the owner and every adult tenant to sign and date the agreement.

Ask your association what it requires before you advertise the unit. Many associations screen tenants, cap the number of rented units, or ask for a signed copy.

Three questions are worth settling early:

• Does the association need to approve my tenant, and how long does review take?
• Do the governing documents set a rental cap or a minimum lease term?
• Which amenities can tenants use, and do they need their own fobs or passes?

Answers differ from building to building, so treat your governing documents as the source of truth. Reference them in the lease rather than retyping them, then hand your tenant a copy at signing.

Shared spaces deserve their own line. Pools, gyms, roof decks, and guest parking all carry rules a tenant will not guess. A short paragraph here saves a long conversation in the lobby.

Rental rules depend on where the property sits and who is asking. Requirements vary by state and sometimes by city, so confirm the details before you sign rather than after.

A few reliable places to check:

• Your state’s official website — for deposit handling, notice periods, and required disclosures.
• Your city or county housing office — for local registration or inspection rules.
• Your condo association — for approval steps, fees, and amenity access.

Any signed lease carries weight because both sides agreed to the same terms in writing. Even so, it cannot override the association’s governing documents or the law that applies where the building stands. A local attorney is worth the call for layered situations. Corporate ownership, rent-regulated buildings, and a pending eviction all qualify.

Sign your condominium lease agreement after both sides have read the final version, not before. Send the draft to your tenant and leave room for questions. Then collect signatures from every adult who will live in the unit.

1. Review the completed lease and confirm the unit number, rent, and dates.
2. Share the association rules and any attachments you referenced.
3. Have every adult tenant sign and date the agreement.
4. Sign as the owner, or let your property manager sign on your behalf.
5. Give the tenant a copy and keep one for your records.

E-signatures keep this quick when your tenant is moving from out of state. Afterward, store the signed copy somewhere you can find it again. You will need it for renewals, deposit returns, and association requests.