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Car Rental Agreement Between Friends

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Marilyn Ries June 18, 2019 Rental Agreement

You do not have a licence or a tenancy just because the landlord says that`s what you have. Your rental agreement with your landlord can give you extra rights. It cannot take away any rights that the law gives you. These rights depend upon the type of tenancy or licence you have.

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Sometimes, extenuating circumstances require you to break a lease and move out. When you are examining your lease, make sure you understand the requirements for ending the term. Familiarize yourself with how many days’ notice you must give your landlord, and determine whether there is any specific cleaning you will need to do before leaving. All of this information should be outlined in your lease, and if it is not, don’t be afraid to ask about it.

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When you sign a rental agreement or a lease, there should be an identified period of time for which the rental will be occupied. Some terms are 6 months, with the remainder becoming a month-by-month payment, while others are a full year. Make sure you understand how long the term is before you sign the lease, as you do not want to commit to a long term lease if you will not be sticking around.

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As you’re reading, make sure you understand everything in the agreement. Legal jargon can be confusing, so ask for clarification if needed. And make yourself aware of rules, like noise restrictions and guest policies. If you notice the rental agreement doesn’t accurately reflect what you discussed with your landlord, make sure to ask him or her to edit the document. And don’t worry about being bothersome during this process- it’s worth going back and forth until the rental agreement is perfect.

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