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Maria Abe May 15, 2019 Lease Agreement

Repairs and damages- the condition of the property should be noted as well as the tenant’s and landlord’s responsibilities for repairs and problems with the property. The lease agreement should also describe whether the landlord or tenant is responsible for damages to the property.

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While many essential and optional lease terms are included in pre-printed, standardized lease forms, those terms may or may not fit your needs as a property owner. It’s important to note, however, that standardized agreements don’t always fit the situation and they may or may not be customized to meet your state and local requirements. When you have questions or want to customize a lease agreement, working with a qualified real estate lawyer is the best way to get the best lease agreement – one you and your tenants can live with comfortably.

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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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Impose limits on occupancy: Be clear that the unit`s only legal residents are those adults whose names are on the lease agreement, plus any minor children. This gives you the right to evict any additional residents that you didn`t approve. Include a subletting clause that requires the tenant to obtain your written permission for someone else take over their lease agreement. (You can also forbid subletting altogether.)

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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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Set rules for rent payments: Specify the amount, the due date, and the format (e.g. a mailed check or an online payment). In addition, your lease agreement should spell out regulations regarding bounced checks and late fees (e.g. how much you charge and when a payment is considered late).

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