Long Term Rental Agreement Template

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long term lease agreement sample best of gallery of 6 private long term rental agreement template
Long Term Lease Agreement Sample Best Of Gallery Of 6 Private Long Term Rental Agreement Template edited by rikas

Long term rental agreement template, Rental contracts are generally made between the tenant and landlord to avoid any sort of dispute in future that may demand legal action. Disputes and controversies frequently crop up either in renting a house for domestic purpose or leasing any commercial space.

Disputes can arise from trivial things and thus a rental contract template may save both the tenant and the landlord from unnecessary harassment. Maintenance charges, number of occupants, whether other facilities such as net, room heaters are supplied or not, whether cooking is permitted, keeping pets are allowed or not, length of occupancy by the tenant are clearly specified in the contract template. The payment date for the lease and the clause for defaulters, mode of payment are made clear in the template. If all of the requirements are clearly mentioned then both the landlord and the tenant will give another thought before violating the specified criteria and certainly will be extra careful to abide by the contract terms. General trend of people is to finalize the arrangement via handshake, but in events of postings a legalized document may be the tool for easy solution.

Rental contracts just provide the recorded version of verbal agreement which if required can be used for lawful purpose. Verbal agreements are also legal but that can’t be enforced by law, since there are no witnesses in such agreements and it becomes difficult for the court to find out the truth.

Rental contract templates are sometimes available free but they don’t include all the clauses and may omit some vital points. It is much better to find a rental contract template by professional lawyer or buy a set of contract forms written by professionals. Certainly the terms and conditions of the contracts differ from those of national function and commercial purpose.

There should be two copies of leasing contracts, a copy of which must be with both the tenant and the landlord and must be duly signed by them in the presence of witnesses.

To cut short such contractual arrangement also prevents misunderstanding and helps to maintain a good relation between the two the interested parties. Check it out the sample of long term rental agreement template below at the attachment page.

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