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FORM OF PAYMENT: Tenants agree to pay their rent in the form of a personal check, a cashier's check, or a money order made out to the Landlord. 4. Wondering how to fill out a standard rental contract?Use this template to rent out a residential property for a fixed period of typically one year. This agreement includes the most essential and common clauses. Include the names and contact information of the landlord (lessor) and tenant (lessee). Clearly state the residential property's address and description. A simple (1page) lease agreement is a straightforward contract a landlord uses when renting residential property. TERM: This lease shall commence on the ______day of ______,. 20____ and shall expire on the last day of ______, 20____ (the. "Expiration"). A lease agreement is a legal document between a landlord who rents property to a tenant in exchange for payment.