The document describes the property that is being rented, the length of the lease, the rental fee, and any deposit that the landlord requires. A Pennsylvania standard residential lease agreement is a legal document between a landlord and a tenant for renting residential property for a fixed period.It is a model lease template, built for Philadelphia's landlords and tenants, which is easy to understand and amend and is downloadable for free. Application (Includes cosigner form, if needed). 1. Complete the next 5 pages of this packet yourself. A Pennsylvania lease agreement is a contractual form that states the facts surrounding a rental property. Payments should be made payable to the property. You need a Rental License to rent out a property. One license can cover all units within a single address. A Pennsylvania room rental agreement is a formal document outlining the shared responsibilities and rules among individuals cohabiting in a rental property.