Rental property inspection checklist 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 home for domestic purpose or renting any commercial space.
Disputes can arise from trivial things and thus a rental contract template can save both the tenant and the landlord from unnecessary harassment. Maintenance charges, number of occupants, whether other facilities like web, room heaters are supplied or not, whether cooking is allowed, keeping pets are permitted 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 breaking up the specified criteria and certainly will be extra cautious to abide by the contract conditions. General trend of individuals is to finalize the agreement via handshake, but in events of discrepancies a legalized document may be the tool for easy solution.
Rental contracts only supply the recorded 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, as there are no witnesses in these arrangements and it becomes hard for the court to find out the truth.
Rental contract templates are sometimes available free but they do not include all of the clauses and may omit some critical points. It is much better to find a rental contract template by professional lawyer or buy a set of contract forms written by professionals. Definitely the terms and conditions of the contracts vary from those of national function and commercial purpose.
There should be two copies of leasing 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 arrangement also prevents misunderstanding and helps to maintain a good connection between the two the interested parties. Have a look the sample of rental property inspection checklist template below at the attachment page.