Banquet hall rental agreement template – Many times, we see the tenant and the landlord entering into a dispute because of wide range of issues. There could be some damage to the property or the tenant would have got some modification done without taking prior permission of the landlord. Further, it’s possible that there is a difference of opinion concerning use of parking area or that of pets. In such a case, if a properly laid out lease agreement isn’t present, you’re bound to face problems in the future. Thus, it is extremely important that both the landlord and tenant sign a nicely documented rent agreement before the tenant takes possession.
You can find a free rental agreement template from a website. Such a free lease agreement template could contain all essential clauses regarding property being given on rent. A free rental agreement template would have enough space where you can add your name and address along with the address of the property being given on rent. Further, you can add any particular clause that you feel has been left out inside.
Such a template would list out all critical points regarding use of parking or pets. Further, you would find provision of entering the amount of security deposit and the fees involving late payment of rent. At times, local rules may define conditions for eviction of the tenant. In this case, the template must contain the necessary provisions.
It must clearly define what course of action could be taken by the landlord in case the rent is not paid in time. Further, if any damage is caused to the property of their landlord from the tenant, he/she has to be made liable to pay for the damage caused. Moreover, it has to be determined beforehand that who must pay for utility bills like water and electricity. Both the parties must understand that once signed, it becomes a legal document and both the landlord and the tenant should honor it. Have a look the sample of banquet hall rental agreement template below at the attachment page.
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