Rental Appraisal Letter Template

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14+ appraisal letter formats - free pdf, doc downloads | free rental appraisal letter template
14+ Appraisal Letter Formats - Free Pdf, Doc Downloads | Free Rental Appraisal Letter Template created by rikas

Rental appraisal letter template, Rental contracts are usually made between the tenant and landlord to avoid any type of dispute in future that may demand legal actions. Disputes and controversies frequently crop up in renting a home for domestic purpose or renting any industrial space.

Disputes can arise from trivial things and thus a rental contract template may save both the renter and the landlord from unnecessary harassment. Maintenance charges, number of occupants, whether other facilities like net, room heaters are provided or not, whether cooking is allowed, keeping pets are permitted or not, length of occupancy by the tenant are clearly defined in the contract template. The payment date for the rent 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 a second thought before violating the specified norms and will be extra careful to abide by the contract conditions. General tendency of individuals is to finalize the arrangement through handshake, but in events of discrepancies a legalized document might be the tool for easy solution.

Rental contracts just provide the documented version of verbal agreement which if required can be used for legal purpose. Verbal agreements are also legal but that cannot be enforced by legislation, since there are no witnesses in such agreements and it becomes hard for the court to learn the truth.

Rental contract templates are sometimes available free but they do not include all the clauses and may omit some critical points. It’s much better to find a rental contract template by specialist attorney or buy a set of contract forms written by professionals. Definitely the terms and conditions of the contracts vary from those of domestic purpose and commercial purpose.

There must be two copies of rental contracts, a copy of which should be with the renter 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 keep a good relation between the two the interested parties. Check it out the sample of rental appraisal letter template below at the attachment page.

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