Rental renewal letter 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 often crop up either in renting a house for domestic purpose or renting any commercial 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 amenities like net, room heaters are supplied or not, whether cooking is permitted, keeping pets are allowed or not, duration of occupancy by the tenant are clearly specified in the contract template. The payment date for the rent and the clause for defaulters, mode of payment are all made clear in the template. If all the requirements are clearly mentioned then both the landlord and the tenant will give a second thought before breaking up the specified norms and will be extra cautious to abide by the contract conditions. General tendency of individuals is to finalize the arrangement through handshake, but in events of postings a legalized document might be the tool for effortless solution.
Rental contracts only supply 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 law, as there are no witnesses in these 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 might omit some vital points. It’s better to find a rental contract template by professional lawyer or purchase a set of contract forms written by professionals. Certainly the terms and conditions of the contracts vary from those of national function and industrial purpose.
There must be two copies of leasing contracts, a copy of which must 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 the two the interested parties. Take a look the sample of rental renewal letter template below at the attachment page.