Southwestern Management And Realty Team

FAQ: What is the Average Length of a Lease

1-Year Lease Agreements

SMART prepares leases for one year.


Because the rental marketing conditions are always changing. Rent could remain the same, dip lower, or shoot higher. And, as a full-service property management company, we want to ensure that you get the most out of your property.

Usually, at the end of a lease, the owner will decide whether to renew the same tenant, release the tenant, or let the tenant lease on a month-to-month basis.

What Does a Typical Rental Agreement Consist Of?

A lease dictates the terms that will govern a tenant and landlord for the duration of a lease. SMART has put together a clear and concise rental agreement that lays the groundwork for a smooth rental experience for both parties.


Our leases state the duration — which is 1 year. It also includes terms of renewal as well as the penalties that will be incurred if the lease is broken by either party before its specified end.

Rent Costs

A rental agreement specifies not only the dollar amount of the lease, but also when it is due, what forms of payment are accepted, and where the payment should be made.


Potential tenants that notify us of pets are thoroughly screened – size, breed, are shots up-to-date, etc.

Generally speaking, a well behaved dog or cat will cause little “wear and tear” in the home or in the yard.

Our pet deposits are refundable providing there is no damage.

Our policy is pets 30 pounds and under will require a $300 deposit and larger animals will be $500. We DO NOT ACCEPT VIOLENT BREEDS.

Maintenance and Repairs

As a tenant with SMART, it is your responsibility to maintain and report anything that is amiss at the property.

We are not responsible for making any repairs caused by a tenant’s own carelessness.

However, if a tenant notices an issue and fails to report it to us, the tenant may be held liable for additional damage.

Click here for the maintenance responsibility checklist for SMART tenants

Restrictions on Behavior

Specific restrictions on disruptive or illegal behavior are included in SMART leases. Often, this includes excessive noise restrictions and bans on illegal conduct such as drug dealing. Breaking these terms is often grounds for eviction. The agreement may also specify other restrictions, such as restrictions on smoking inside the home.

Vacating the Property

If a tenant wishes to vacate—they MUST notify SMART with a 30 day written notice sent via mail or emailed to our office.

Have any questions for our team? Give us a call: 702-750-9725

SMART is open Monday-Friday from 9am-5pm.

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SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.


  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs


MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.