No no. In cases where the lessor does not comply, you can recover an amount that does not exceed two periodic monthly rents or the cost of twice the actual damage of the lessor, whichever is greater. And if the tenant terminates the lease. As a result, the owner must reimburse the full amount of the deposit. It also makes it possible to limit the liability of the owner by making an understanding of the current state of the property and protecting in case of subsequent ownership during the rental period. In the rental agreement, the lessor must repay the deposit within 14 days. This PDF template for the Arizona Rental Lease Agreement is your instant lease agreement that is compliant in the state of Arizona. It takes a long time to draft a contract that complies with the laws of the state. But with this model, you can have your contract in just a few minutes! This Arizona rental agreement is customizable. Just have this template in your JotForm account and edit it in your PDF editor! Since the owner rents the rented premises with the address 3318 Doe Meadow Drive, Scottsdale, Arizona, 85251, with the following description: 2-room apartment with two toilets and bathroom, kitchen and living room.
Contentious issues. All disputes arising out of this Agreement shall be settled by arbitration. The losing party shall bear the costs of the proceedings and other legal costs, without the arbitral award due to the winning party. In your agreement, the landlord cannot charge more than one and a half per month`s rent for the deposit plus the prepaid rent in combination. Immediate termination is also acceptable if the tenant is accused of assault or if he behaves in a way that constitutes a nuisance. If they breach the lease in a way that compromises the safety, health and well-being of the landlord. An Arizona Standard Lease agreement is a fixed-term agreement between a landlord and tenant for the use of a residential property. The tenant may be asked to provide personal information before signing the lease in order to validate his creditworthiness and prove that he can pay the monthly rent. After signing, the tenant should pay the first month`s rent and deposit to get the keys and access to the premises….