Virginia Williams May 11, 2019 Lease Agreement
Terms of rent – the dollar amount should be in the agreement as well as the day of the month rent is due, where the rent is to be sent, and how it will be accepted (by check, by automatic draft, etc.). The terms for late rent should also be in this portion of the 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.
Clarify your access rights: Make the tenant aware that you have a legal right to enter the unit under certain conditions (e.g. for repairs, inspections, or emergencies), and that you`ll give them a certain amount of advance notice before your visit.
Parties to the lease – the lease agreement should name the landlords and tenants who are bound by the agreement. Description of the property – the lease agreement should have a description of the property controlled by the lease agreement. It may be as simple as the address and apartment number but it must be identified or the agreement cannot be enforced.
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.)
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.
Tag CloudSet the terms for deposits and fees: How much is your security deposit? What are the terms of its use (e.g. the landlord can use it for damage repair; the tenant can`t apply it toward their rent)? When and how will the security deposit be returned at the end of the lease? Do you charge any non-returnable fees (e.g. for pets or cleaning)? Where is the deposit being held, and are you obligated to return the interest that it generates? (Check the legal requirements for your state.) examples of lease agreements in south africa examples of equipment lease agreements examples of lease agreements for apartments examples of commercial lease agreements mock lease agreement examples of horse lease agreements examples of lease agreements for business examples lease agreements residential examples lease agreements examples of land lease agreements Clarify your access rights: Make the tenant aware that you have a legal right to enter the unit under certain conditions (e.g. for repairs, inspections, or emergencies), and that you`ll give them a certain amount of advance notice before your visit. examples of lease agreements for a home