Why It's Important To Have A Landlord And Tenant Lease Agreement

By Author: Robert Deans
Total Articles: 246
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Most people may have heard horror stories relating to leasing a property. Tenants can fall victim of landlords attempting to exploit them for a bit more cash. Conversely, landlords can also be the victim in the event the conduct of the tenants becomes unruly or the tenants do not pay their rent. Without a legally binding agreement each party can find that their hands are tied with regards to resolving any form of argument. The best way by far to protect the rights of both the landlord as well as the tenant is through the use of a landlord and tenant lease agreement.

A landlord and tenant lease agreement will offer the tenant protection against any wrong doing from the landlord. The actual obligations of both sides will be layed out inside the landlord and tenant lease agreement. It should clearly state who will be liable for the many types of maintenance and general upkeep necessary for property. Also, a landlord and tenant lease agreement should clearly state arrangements for the paying of rent, the termination of the tenancy and various other conditions. A potential tenant should ensure that they've checked ...
... and are acquainted with the contents of any agreement that they are signing. Without doing this a tenant could find themselves bound to conditions that they're unhappy with or are unreasonable.

Secondly, a landlord and tenant lease agreement legally protects the landlord from unsuitable tenants and provides the landlord the power to remove uncooperative tenants. Normally, the agreement sets out what's deemed acceptable and unacceptable behaviour by the landlord. This may refer to noise levels, property maintenance and the payment terms. If a tenant is found to be in breach of such terms, the landlord is within their rights to first issue a warning to the tenant but ultimately evict the tenant should their behaviour not be adjusted. The main aim of a tenant and landlord agreement is to attract tenants who are respectable, when an agreement is reasonable this is appealing to a possible tenant. The agreement will ensure that neither side has got to tolerate behavior from other that is considered unacceptable.

The landlord and tenant agreement can be a basis to resolve conflicts should they arise. When any kind of dispute or question over the actions of one side arises, referring to the original agreement will help determine what was agreed from the beginning . Such an action doesn't necessarily resolve the problem instantly but it provides a starting place and a legally binding form of protection for both the tenant and the landlord.

This article was written by R. Deans on behalf of Douglas Duff, experts in landlord and tenant lease agreement and commercial property valuation. For more info on landlord and tenant lease agreement and commercial property valuation please visit DouglasDuff.co.uk