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Landlord Contract

A valid Landlord Contract is a comprehensive written document of all the terms and conditions agreed upon by the tenant with the Landlord before stepping in the rental unit. Apart from stating the basic facts and figures of tenancy, a Landlord Contract should focus on the codes of conduct to be followed by both the parties. Although certain codes of conduct fixed by the State laws, this is case specific.

Components of a Landlord Contract: Inclusion of the following points is a must. Otherwise the contract is considered to be invalid.

  • Contact details of the landlord, his substitute so that they can be approached during emergency;

  • Type of the contract, amount of rent payable, mode of payment along with the payable date;

  • Start and end date of the contract and whether it is renewable or not;

  • Exhaustive listing of the rights and responsibilities of both the parties;

  • Mention of responsibilities regarding payment for ongoing keeping of the property;

  • Amount of Security deposit, its mode of payment and also statement to support its detainment, if the landlord wishes to do so.

  • Least amount of time to be given by both the parties before vacating the property.

When is a Landlord Contract considered Unlawful?

A Landlord Contract is considered to be illegal it forces the tenant to accept the responsibilities for future tassels with the property owner thereby agreeing to meet legal expenditure. Clauses stating that landlords can take control of the tenant's property for not paying rent and false excuses for keeping security deposit, is also unlawful.

 

 

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