Rental Binder Agreement |
Rental Binder AgreementA Rental Binder Receipt Prepares your Tenant for your lease signing.This is a popular Rental Binder agreement used by many Realtors. Similar versions of this form are used by landlords and real estate agents across the US. A Pre-Contract FormMany people actually use it as a basic rental agreement! It's not really meant to be a rental agreement or rental application, but is a pre-contract form used as a binder receipt to show an offer has been made with an earnest money deposit.The ProcessUpon written acceptance of the offer by the owner/agent of the rental, it becomes a binder, whereby it is agreed that the rental will not be rented to anyone else before the agreed lease signing date. When not using the LPA Rental Application, this form is especially helpful to rental agents who collect their real estate commission from the tenant because it provides for a written agreement of the rental commission.
Part of the Essential Forms PackageThis form is a part of the Essential Forms package along with 100+ other forms. You can access all of our landlord forms with an LPA membership. |
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