0
As a prospective tenant, it is very important that you have a clear and complete understanding of the lease agreement. After all, it will set the tone for your entire relationship with your landlord. A well-informed tenant is an empowered tenant.
While you are considering renting a particular house or apartment, your future landlord will most likely give you a lease agreement for your review. Most times, these are generic and they can be quite lengthy. Don’t let yourself be daunted by the size or the confusing language. Do your best to understand all the stipulations and conditions, highlighting areas that seem unclear or that concern you. Being “on the same page” with your landlord before affixing your signature to a legal document is your best defense against future problems or misunderstandings. In some rare cases, your landlord might even allow you to submit your own lease draft. Obviously, this is ideal, since it enables you to make any stipulations you deem important and may give you the upper hand in the negotiations process. .
Once you decide that you like the property and want to rent, you may be in a rush to get the keys and set up housekeeping. Before doing so, spare a few minutes to inspect the property. In the long run, this may save you hundreds or thousands of dollars. Bring a friend or relative with you, preferably someone with an eye for detail. Carefully look over the whole place, writing down any defects. Submit these to your landlord, making sure he or she confirms knowledge of any problems or shortcomings. By so doing, you have protected yourself from being unfairly charged.
There are also other matters to be sure you understand before signing your lease agreement. What are the stipulations about subletting? Although you may love the place and have no intention of leaving, life has a way of changing. Having the ability to find someone to take over your rent costs for the duration of the lease could save you a great deal of money. You also need to understand and feel comfortable with the amount required for a security deposit. To be sure you are being charged appropriately, check with people you know who rent comparable places to see how much they paid for their security deposits. Tenants’ rights groups may also give you helpful feedback in this regard.
Being cognizant of your rights and responsibilities even before you move in can transform your lease agreement from an intimidating tome into an ally that can work in your favor. Although these precautions may seem time-consuming, they will have laid an excellent foundation for you in your relationship with your landlord. If problems arise in the future, you will be aware of your rights and secure in the knowledge that the lease you signed is backing you.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is a profit sharing lease?
A profit sharing lease is an agreement between a landowner and a farm operator. This agreement basically states they will work together to make money from the land.
Who pays the taxes in a lease to own a house situation?
That depends entirely on the lease agreement...it could be either side.
Is the person who cosigned for a rental agreement liable after 2 years?
The signers on a lease are liable for charges during the term of the lease.
Can you take your name off the lease if someone plans on moving out?
Only the landlord can take a name off a lease. Until then the signing parties are bound by the contract.
How does failure on a business car lease agreement affect personal credit?
Failure on a business or car lease agreement will still be attached to your name and social security number. It will lower your total credit score unless these leases were only attached to the business or someone else's number.
Should I see an attorney before signing a standard lease agreement?
I would say yes , you should see an attorney before signing a standard lease agreement especially if you don't fully understand what are stated in the agreement.
Do you need to sign a lease agreement form when getting an apartment?
Signing a lease agreement form is up to the person renting an apartment, not the renter. Before signing, a potential renter should understand the terms of the agreement. A good lease offers pretection to both parties.
Where can someone get a lease agreement from?
Getting out of a lease agreement can be tricky, but if you feel like you have no other choice, start by reading your lease very carefully. Ideally, you should have read through your lease before signing it in the first place, so you should be at least roughly familiar with the section of the lease which details giving notice and moving out
Are you able to alter a rental lease agreement after signing it?
In order to alter a rental agreement after signing, both parties must agree to the terms of the alteration. Also, the change in agreement should be in writing in most cases in the form of an addendum.
How can I get out of my lease agreement contract?
you should have read through your lease before signing it in the first place, so you should be at least roughly familiar with the section of the lease which details giving notice and moving out. In the worst case scenario, you may be responsible for your rent through the end of the lease whether or not you live in your house; however, you may be able to get out of a lease agreement without paying through the nose, especially if you do it carefully. If you are trying to get out of a lease, you should definitely contact a local tenant's rights organization or a lawyer to help you out, as these professionals are familiar with all of the ways to legally get out of a lease agreement.
Do I need to see a lawyer before I sign the standard lease agreement?
It is not required to have a lawyer review a standard lease agreement, but it can be beneficial to ensure you understand the terms and your rights. If you have any concerns or questions about the lease, it is advisable to seek legal advice to protect your interests before signing.
Where can one find information on what a standard lease agreement means?
One can find information on what a standard lease agreement means by checking with the contract they are signing. It will outline all the agreements in writing.
Negotiating the Lease Agreement Term?
When it comes to securing office space, the lease agreement is of special importance. It can later be a source of trouble for the business, even if the landlord appears reasonable. Negotiating a lease offers the benefit of seeing more of the landlord's character before signing anything. The most important point for the tenant is the term limit of the contract. A shorter term with option to renew is best for the tenant, because this increases options and disallows the landlord to end the relationship at the end of the contract. However, landlords are likely to give additional concessions with the tenant's agreement to an extended lease. Take the time to consider the future of the business thoroughly before signing.
When approved for an apartment are you obliged to take it before the signing of a lease?
Not legally
Who is responsible for repairs to a lease purchase house?
In most cases, the renter of the lease purchase house is required to do the repairs. The renter should do a full house inspection before signing their contract.
Review Your Rent Lease Agreement Before Leasing Space?
When you are renting or leasing space for your business, draw up a rent lease agreement that will spell out the exact terms of your lease. Your commercial lease should include information on the length of the lease, how the space will be used, and the final monthly price of the lease. The lease should also include provisions for utility bills, taxes and insurance, if applicable. Have an attorney review your rent lease agreement to ensure there are no surprises down the line. Spell out any stipulations that you would like the lessor to make, such as reduced rent for the first six months of the lease. When preparing your rent lease agreement, make sure you review it thoroughly to avoid surprises.
Is A lease as good as agreement to lease?
A lease in itself, is an agreement to lease. All the same.
