Laws.com today announced that their legal team releases lease agreement template to help the tenants and the home owners
New York, NY (PRWEB) February 23, 2013
Laws.com offers their expertise in landlord- tenant lease agreement. Laws.com today announced that their legal team releases lease agreement template to help the tenants and the home owners. Official sources from the firm say that this initiative will help tenants and land lords in a series of issues relating to the lease agreement. To download and use the agreement visit lease agreement page
What’s a lease Agreement
A lease agreement can be described as a contract between the landlord and the tenant which clarifies the liberties and responsibilities of both parties and permits the tenant to make use of the property for a stipulated time frame. All the imperative terms and conditions are written down in the agreement such as the occupancy time schedule, rules and the set of laws etc. The lease agreement consists of the landlord tenant relationship and at the time of the agreement both parties will discuss their conditions in detail and the important issues involved, in order to eliminate any sort of disparity in future. Emphasizing on the terms is quite crucial as the tenant has to comprehend the lease while handing over the ownership of the property. The terms narrated in the agreement have to be followed strictly by the tenant and the landlord and the important particulars include the rent amount and the duration of the tenancy. The lease agreement at times may be a short one, or it may exceed more than five pages. Certain important terms have to be covered before signing the agreement.
Legal Terms in the Lease Agreement
The name of all the adult tenants haves to be taken into consideration, and all parties involved in the transaction have to sign the agreement because each one of the adult tenant should be responsible for the terms included in the agreement. All the members are answerable for the proper use of the property and accountable for the rent mentioned in the agreement. In case one of the tenants refuse to honor the terms in the agreement or fails to pay the rent the landlord has the legal right to collect the same from any person signed in the agreement. In case of any violation of the terms and conditions the landlord can take the extreme step of terminating the contract.
Restricting the inhabitants
The number of occupants has to be specified in the contract because this clause decides the right of determination of the tenant who is occupying the property and moreover, this term rules out the possibilities of strangers moving into the property without prior permission of the landlord.
The task of repair works and maintenance has to be specified in the agreement, keeping the premises clean is the responsibility of the tenant and the tenant is also answerable for any damages occurring during the period of tenancy. The tenant should invite the attention of the landlord regarding any faulty or unsafe conditions of the premises by providing adequate details. No installation should take place in the premises without the prior permission of the landlord.
Areas involving disputes
The return and use of deposits are an area which involves some sort of disputes between the tenant and the landlord. There has to be some deduction in most cases at the end of the tenancy period which may take a cordial relationship to embarrassment. Having a proper lease agreement is crucial to avoid any conflict in the future as this is a bit complicated matter and let matters have a peaceful conclusion
Laws.com legal forms section offers various legal forms and agreements for free public usage. To find the legal forms visit legal forms section. People who are concerned with any specific clarifications can visit the laws.com website.