Form 401 Residential Lease Agreement is a document created by the Alabama Association of Realtors in Alabama. It is used for the purpose of establishing a legally binding agreement between a landlord and a tenant for the rental of a residential property in Alabama.
The landlord typically files the Form 401 Residential Lease Agreement - Alabama Association of Realtors - Alabama.
Q: What is a Form 401 Residential Lease Agreement?
A: Form 401 Residential Lease Agreement is a document used by the Alabama Association of Realtors for renting residential properties in Alabama.
Q: Is the Form 401 Residential Lease Agreement specific to Alabama?
A: Yes, the Form 401 Residential Lease Agreement is specific to Alabama.
Q: Who uses the Form 401 Residential Lease Agreement?
A: The Form 401 Residential Lease Agreement is used by landlords and tenants in Alabama.
Q: What information does the Form 401 Residential Lease Agreement include?
A: The Form 401 Residential Lease Agreement includes information such as the rental property details, lease term, rent payment terms, and tenant responsibilities.
Q: Can the Form 401 Residential Lease Agreement be customized?
A: Yes, the Form 401 Residential Lease Agreement can be customized to include additional terms and conditions agreed upon by the landlord and tenant.
Q: Is it legally binding?
A: Yes, the Form 401 Residential Lease Agreement is a legally binding contract once it is signed by both the landlord and tenant.