An Arizona lease agreement is a document created for a landlord to outline the terms and conditions of renting property to a tenant. An Arizona room rental agreement will cover problems such as security deposit requirements, shared utilities, rent, and more.You have to include the name and address of the rental agreement in your lease agreement. Set the terms for renting property. Draft a rental agreement. In Arizona, you can have rental agreements in written or verbal form. Let's go over how to fill out the Arizona Association of Realtors residential lease agreement! Thank you for participating in the city of Phoenix Housing Choice Voucher program! Draft a rental agreement. In Arizona, you can have rental agreements in written or verbal form.