Carl Glendon

5 Things A House Rental Agreement Should Include

A Residential Lease Agreement is signed between the owner of a residential property and his tenant, and is possibly one of the most critical documents to be signed between the two parties. Know about 5 important things that should be there in a Home Lease Agreement form.

Address

Include the address of the owner and the property in question. The agreement has to mention the address of which property is being given out on rent. Write down the complete address, including postal code, country, state, city and nearby landmarks. If you are the property landlord, mention your full name, contact information and address in full detail.

Notice Period

The contract must also mention the notice period and the fact that your tenants need to offer you advance intimations if they decide about vacating the property. It is recommended that you refer to a house rental agreement sample and include a notice period if rent is not paid on time.

Deposits & Fees

Mention the amount of security deposit the tenant agrees to pay or has already paid. It also has to have the maintenance charges that you deduct, which might apply or not, based on the terms and conditions that you put down. Also mention other financial responsibilities to be taken up by the tenant, such as the water bill or electricity bill.

Property Modification Norms

It has to consist of a section that elaborates the norms for property modification, where landlords put their authority down to offer consent to any changes in the displays, sign, fastenings, adhesive objects, walls, paint works etc of the property. For more information about getting a rental lease agreement in Alaska, please visit this website.

Restriction on illegal activity

The agreement must also have a section that clearly gives up the practice of any illegal activity in the property premises, upon violating which you can file a lawsuit against your tenant.

Author Resource:-

Carl writes often about legal drafting, rental lease agreement, marital separation agreement and help the people in such needs. You can find his thoughts at legal documents tips blog. Please visit this site to get a sample rental lease agreement in Nebraska.