Long term rental agreement template – Many times, we visit the renter and the landlord entering into a dispute because of wide assortment of issues. There might be some damage to the property or the tenant could have got some modification done without requiring prior permission of the landlord. Further, it is possible that there is any difference of opinion regarding use of parking area or that of pets. In such a case, if a properly laid out rent agreement is not present, you’re bound to face problems in the future. Thus, it’s extremely important that both the tenant and landlord sign a nicely documented rent agreement before the tenant takes possession.
You can find a free rental agreement template from a web site. Such a free lease agreement template would contain all essential clauses regarding land being given on rent. A free rental agreement template could have sufficient 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 specific clause which you feel has been left out in it.
Such a template could list out all important points regarding use of parking or pets. Further, you’d find provision of entering the amount of security deposit along with the fees involving late payment of rent. At times, local rules may specify conditions for eviction of the tenant. In this case, the template must contain the necessary provisions.
It must clearly specify 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 the landlord by 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 cover utility bills like water and electricity. Both the parties need to understand that once signed, it becomes a legal document and both the landlord and the tenant should honor it. Check it out the sample of long term rental agreement template below at the attachment page.
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