Under North Dakota law, a lease agreement has to include:
- A clear demonstration that the landlord and tenant intend to create a landlord-tenant relationship.
- Identification of all parties.
- A description of the property,
- The amount and term of the rent.
- The signature of both parties if it is in writing.
The description of the property can be as simple as the address.
In addition to what’s required to form a written lease in North Dakota, it’s a good idea to include many other elements.
The landlord should, for example, be sure to include things like how the rent should be paid, what the penalty is for late or missed payments and any other tenant responsibilities.
The tenant, on the other hand, would want to know:
- How much notice they need to provide if they want to renew at the end of the lease,
- When the landlord might ask for access to the property or
- How to reach the landlord or their agent when something breaks.