Rental Agreement Drafting Tips

By | June 10, 2016

The rental agreement is a contract between the tenant and the landlord. This agreement grants certain rights to both the tenant and landlord. More importantly, it gives certain responsibilities of the concerned parties. To gain the status of a law abiding citizen you need to understand your rights as well as your obligations and your rights. There are certain terms and conditions given in this agreement and when both parties get agreed to those conditions then the agreement is actually signed. Any terms and conditions that seem to be violating any basic legal rights, will be rejected on its own. There are certain things that are of supreme importance while making a rental agreement. Both parties involved in the deal should have a detailed insight of the agreement before signing the final agreement. All sorts of confusions and disagreements should be settled before signing the final agreement. Avoid oral promises and deals, everything that is legal and important  should be settled by sharing written proposals. Being a tenant you should be alert and list down all the problems you observed in the apartment before shifting in. Keep your landlord fully aware of these problems that were there before your arrival so that the landlord could not blame you  for any related damage afterwards.  Get the proper information about the apartment and all the available facilities before making final agreement. Divide different departments between you and the landlord on a timely basis, it means deciding who’ll pay for hot water, heat, electricity, parking, etc. Be sure about the working conditions of all the available utilities and appliances.

Here is a comprehensive Sample Rental Agreement written using MS Word,

Rental Agreement Template

The landlord should provide a written “smoking policy.” This will make it clear that which areas are prohibited from smoking. You need to know this before you sign a rental contract. If you are sharing rent with your roommate then beware, because in case if you’ll partner will not pay the rent your landlord can charge it from you. You can talk with other tenants who used to live in that apartment, you can inquire about the building as well as the reputation of your landlord. Properly check  the windows and doors and their condition as it’s important for your safety. Try to buy a tenant’s insurance policy in order to gain some protection for your furniture.  Make some arrangements to keep the records of your agreement with your landlord. Specially the record of these items is important, your rental agreement, security deposit receipt, list of things not in good condition in the apartment, landlord’s address and phone contacts. If you’ll provide a solid proof of your financial responsibility, that will generally help in negotiating with the landlord. You should be  thorough in defining the terms and conditions of the agreement. This can make the agreement easier to understand for all the parties. It’s a common experience that if  the two parties demonstrate a mutual understanding of the terms and conditions of the contract then it can avoid a lot of problems. Mutual understanding to satisfy the concerns brought by either party can aid in creating a valuable rental agreement.

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