The lease, the written agreement between landlord and tenant, is the most important document between landlord and tenant. The lease is a safety mechanism for both parties, detailing every aspect of the agreement.
The rental agreement also clarifies all the rights and obligations of the tenant and the landlord. It is the main tool used by either party in the event of a dispute regarding the rental property.
While the lease serves to provide the details of the agreement in case of a dispute, the primary purpose of the lease is to ensure that there is no need for a dispute. Both the landlord and the tenant should carefully read the lease document to be confident that everything is clearly detailed and understood by both parties.
The rental agreement has two main types of information contained in it: the basic stipulations and other inclusions. Signing a written agreement indicates that both parties are in agreement to the terms and conditions of the contract.
Basic stipulations, as defined in the rental agreement, deal with such terms as rental fees, due dates, payment methods, rental period, and additional fees and terms under which to increase the rent. This part of the rental agreement will usually discuss dispute resolution and conditions under which the agreement may be terminated.
Inclusions, as defined in the rental agreement, deal with pets, smoking policies, subletting, guests, and boarders. In addition, the matter of any necessary repairs or changes to the property is generally outlined in detail.
Moreover, all the contact information of both the landlord and the tenant are significant information that needs to be part of the written agreement. This way they can both be reached at any time.
You can easily locate sample rental agreements by searching the web, especially sites catering to rentals. Familiarize yourself with some of the more common lease terms and clauses. This way you can use an existing form, modify it to fit your own needs, without reinventing the wheel, so to speak.
The rental agreement also clarifies all the rights and obligations of the tenant and the landlord. It is the main tool used by either party in the event of a dispute regarding the rental property.
While the lease serves to provide the details of the agreement in case of a dispute, the primary purpose of the lease is to ensure that there is no need for a dispute. Both the landlord and the tenant should carefully read the lease document to be confident that everything is clearly detailed and understood by both parties.
The rental agreement has two main types of information contained in it: the basic stipulations and other inclusions. Signing a written agreement indicates that both parties are in agreement to the terms and conditions of the contract.
Basic stipulations, as defined in the rental agreement, deal with such terms as rental fees, due dates, payment methods, rental period, and additional fees and terms under which to increase the rent. This part of the rental agreement will usually discuss dispute resolution and conditions under which the agreement may be terminated.
Inclusions, as defined in the rental agreement, deal with pets, smoking policies, subletting, guests, and boarders. In addition, the matter of any necessary repairs or changes to the property is generally outlined in detail.
Moreover, all the contact information of both the landlord and the tenant are significant information that needs to be part of the written agreement. This way they can both be reached at any time.
You can easily locate sample rental agreements by searching the web, especially sites catering to rentals. Familiarize yourself with some of the more common lease terms and clauses. This way you can use an existing form, modify it to fit your own needs, without reinventing the wheel, so to speak.
About the Author:
This writer has been contributing articles with respect to signed leases for the previous four years. Furthermore, this author is fond of publishing articles with respect to New York neighborhood subjects, such as Parkchester apartments for rent and Pelham Bay apartments for rent.
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