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California Association Of Realtors Commercial Lease Agreement Forms Rental

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Virginia Williams May 17, 2019 Lease Agreement

Every lease is a contract, and as such will name the people who have entered into the contract and are legally bound by it. That should be your landlord, yourself, and any roommates you might have. Anyone whose name doesn`t appear on the document isn`t legally liable for rent; if you take on a new roommate after the lease has been signed, you may want to ask the landlord to issue a new one. If not, you`re the one who`s liable when they don`t pay their share of the rent.

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Right to sublet the space – if the tenant has the right to sublet the property to another person, the lease agreement should spell out those terms. Parking restrictions/rules – if the property has parking or offers parking in a designated spot, those terms should be listed in the lease agreement.

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Possessions – if certain possessions, like water beds or grills are not allowed on the property, those terms should be listed – along with the consequences if those items cause damage to the property.

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Lease dates and termination – the start and end of the lease should be in the agreement as well as the description of how and when the landlord and tenant can end the lease. For example, an apartment lease may be terminated with one month’s notice and a final month’s rent.

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Assign maintenance and repair duties: Your lease agreement should specify that it`s the tenant`s job to keep the unit in good shape, and that they`re responsible for any damage that they cause. Require the tenant to alert you to hazardous or defective conditions, and lay out your procedures for responding to complaints and requests. Forbid the tenant from making alterations to the unit or changing the locks without your written permission. In addition, your lease agreement should specify who`s responsible for utilities.

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Lay out rules for pet owners: Indicate requirements such as requiring spaying/neutering, vaccinations, and immediate waste disposal in common areas. Your lease agreement should also require owners to pay a refundable pet deposit and let you approve each pet individually.

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