Kentucky Residential Lease Template
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5This Form Has Been Approved By The Kentucky Real Estate Commission
(This is a Legally Binding Contract. If you do not fully understand the terms of this contract, contact an
attorney.)
KENTUCKY RESIDENTIAL LEASE (KREC)
PARTIES
Landlord:
(print name)
Address:
Tenant(s):
(print name(s))
1.
PREMISES. Landlord hereby leases to Tenant, and Tenant hereby leases from
Landlord the premises located at
, Kentucky
.
2.
TERM. The Term of this Lease will begin on
, 20 ,
and end on
, 20 . This Lease shall not automatically
renew or convert to a month-to-month tenancy. Either party may terminate this lease
upon thirty (30) days prior written notice to the other party.
3.
SECURITY DEPOSIT. Upon the execution of this Lease, Tenant shall pay to
Landlord a security deposit in the amount of $
to be held as security for the
payment of rent and the faithful performance by Tenant of all of its obligations in the
Lease.
Landlord may use the security deposit to repair any damage to the Premises caused by
Tenant or its guests, and to clean the Premises upon termination of this Lease. The
security deposit shall be held and applied as provided by the laws of Kentucky. The
security deposit shall be placed in the
(insert bank
Bank in bank account #
name)
(insert bank account number pursuant to
. If Tenant fully performs its obligations hereunder, the security deposit, or
KRS 383.580)
balance, shall promptly be returned to Tenant after the termination of this Lease.
Page 1 of 5
Updated: September 2008
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