Kentucky rental agreements allow a lessor (landlord) to lease residential or commercial property to a lessee (tenant) in exchange for regular payments. The lessee must agree to the lessor’s terms, which may include the right to have pets, the prohibition of disruptive behavior, restrictions on entry to the property, and the obligation to pay a security deposit. Rental agreements can be for either residential or commercial properties. The landlord may require an application to review the tenant’s credentials and after approval submit a lease agreement for signature.
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A Kentucky residential lease agreement is between a landlord and a tenant for the renting of property for monthly rent and other obligations. Depending on the terms of the agreement, the landlord and tenant will be required to negotiate the following: Monthly rental amount ($); Utilities including: Electricity; Water; Heat; A/C; Landscaping; Parking fees; Security deposit; and Pet Deposit (if any) The landlord may ask…