If you rent a home or store, the lease agreement is very important. It is a legal document for both the landlord and the tenant, who determines their rights and responsibilities. The details of the parties must be clearly written in the Agrament, the name, address and contact information of both the landlord and the tenant. The tariff period must be clearly written in it how long the rate is, such as 11 months or 12 months. Agrament is renewed when the period is over. How much rent must pay the rental amount each month must be clear in the Agram. It also wrote how long the rate to pay, as by the 5th of each month. The landlord of the security deposit takes you a deposit, which is usually equal to a rent of a month or two. The Agram must be written on when and on what conditions this amount will be returned. The increase in tariffs should be told in agriculture when and how much will the rent increase, such as a 5% increase after one year. Maintenance and recovery should be clear that who will be responsible for small repairs (eg change of light bulbs) and who will be responsible for great recovery. If the notice period wants to end one of the tenant or the landlord, how many days before the other side must be told. It is usually 1 or 2 months. Water and electricity bills must be clearly written that will pay water and electricity bills. In most cases, the tenant pays these accounts. Click here Life & Style Click for more stories Click here
Learn 10 Important Things from Rent Agament
