Tenant Lease

The tenant lease can be documented on paper, or it may be a verbal contract. It may also be for a prearranged time or on a month by month or annual basis. Irrespective of the terms of the tenant lease, as a tenant, it is your responsibility to see that the tenant lease comprises of the following details. All these issues must be decided by both the landlord and the tenant.

• The full address and the site of the rental unit.
• The length of occupancy of the tenant lease.
• The amount of rent to be paid and the date of payment.
• The place and way in which the rent has to be paid.
• Fines or charges against delayed payment of rent.
• The number of occupants staying in the rental premises.
• What furniture and fittings are given together the property and the condition of the domestic equipments provided.
• The amount of security deposit to be paid and the terms under which it will be paid back at the end of the rental tenure.
• The tenant will pay for all the utilities that he makes use of.
• The damages made to the property have to be recompensed by the tenant.
• Whether or not pets are permitted, and if they are, then the amount of pet deposit to be paid.

Once the tenant lease is signed by both the landlord and the tenant, it becomes a mandatory contract and can be imposed in a court of law. Thus it is crucial that the tenant goes through it carefully and gets necessary modifications made to the lease, so that there is no miscommunication about the details later on. The tenant lease is a legal document and both the landlord and the tenant have to obey the rules.