Rental credit application form template, Rental contracts are generally 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 house for domestic purpose or renting any industrial space.
Disputes can arise from trivial things and so a rental contract template can save both the renter and the landlord from unnecessary harassment. Maintenance charges, number of occupants, whether other amenities like web, room heaters are supplied or not, whether cooking is allowed, keeping pets are permitted or not, duration 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 all made clear in the template. If all the conditions are clearly mentioned then both the landlord and the tenant will give a second 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 effortless solution.
Rental contracts only 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 do not include all the clauses and may omit some vital points. It is much better to get a lease contract template by professional lawyer or buy a set of contract forms written by professionals. Certainly the terms and conditions of the contracts vary from those of domestic purpose and commercial purpose.
There should be two copies of rental contracts, a copy of which should be with both the renter and the landlord and must be duly signed by them in the presence of witnesses.
To cut short such contractual agreement also prevents misunderstanding and helps to keep a good relation between both the interested parties. Take a look the sample of rental credit application form template below at the attachment page.