Need a Property Rentals Contract in Tennessee? AroundWire Can Help

In Tennessee, property rental contracts—covering commercial, residential, or government-leased spaces—typically require clear delineation of lease terms, rental rates, security deposit conditions, and maintenance obligations. State law does not mandate written leases for all arrangements, but written contracts are standard practice, especially for commercial and governmental agreements. The Tennessee Uniform Residential Landlord and Tenant Act (URLTA) applies in counties with populations over 75,000, imposing requirements such as disclosures of ownership, habitability standards, and security deposit handling. Licensing is generally not required for landlords, but property managers may need a real estate license if they handle rentals on behalf of others. Contracts often specify insurance obligations, with landlords typically requiring tenants to carry liability and property insurance, and proof of coverage may be a precondition to occupancy. Risk factors such as property damage, liability for injuries, and early termination are addressed through indemnification clauses and detailed default remedies. Payment terms usually stipulate rent due dates, acceptable payment methods, and late fee structures, which must comply with statutory limits. Dispute resolution provisions frequently favor local jurisdiction and may include mandatory mediation or arbitration clauses. It is common to reference local ordinances or building codes, especially for properties in urban areas. Overall, Tennessee property rental contracts emphasize clarity in roles, compliance with state and local laws, and allocation of financial and legal risks.