Josephine Seibert June 10, 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.
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.
The lease agreement provides renters and landlords with a legally enforceable contract and it’s important that this document have the necessary elements to provide security to both renter and landlord. A good lease agreement protects your interests and prevents misunderstandings that could potentially lead to litigation.
Include each tenant`s name: If a couple is renting your unit, both of their names should be on the lease agreement. Each tenant whose name is on the lease agreement can be held accountable for paying rent or violating the terms of your agreement. However, minor children are exceptions.