Rental verification letter template, Rental contracts are usually 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 in renting a house for domestic purpose or leasing any industrial space.
Disputes can arise from trivial things and thus a rental contract template can save both the renter 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 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 rent and the clause for defaulters, mode of payment are 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 conditions. General trend of people is to finalize the agreement through handshake, but in events of discrepancies a legalized document may be the tool for effortless solution.
Rental contracts just supply the recorded version of verbal agreement which if required can be used for lawful purpose. Verbal agreements are also legal but that cannot be enforced by law, since there are no witnesses in such arrangements 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 of the clauses and may omit some critical points. It’s 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 differ from those of domestic purpose and industrial intent.
There must be two copies of leasing 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 agreement also prevents misunderstanding and helps to keep a good connection between both the interested parties. Take a look the sample of rental verification letter template below at the attachment page.