Finally, remember that if it is not written, it is not. Never assume that a provision applies or that it is covered by an oral undertaking. If it is not in the lease, it is unenforceable in court. If you sign your lease, you will be responsible for paying the rent for the duration of the lease. You can leave the lease prematurely without paying the lease for the full term,… It`s hard to think about moving when they haven`t even moved in. But it is always important to know what is expected and whether these expectations are reasonable and achievable. If your lease has an option to extend one or more years, check that there is an escalation clause that would increase the rent in subsequent years and is usually based on a fixed dollar amount, a percentage of the first year`s rent or increases in the cost of living. Most leases are valid for a fixed term, for example. B 12 months. Read your lease to determine what happens when the term of the rental ends. Another important aspect of a lease agreement is to specify who pays for the repairs – you or your landlord? This is another provision that is generally stipulated in the lease itself. It will usually be processed by your rent paid for a certain amount of months.
Suppose you have a one-year lease and after six months you are forced to move because of a reallocation. The rental agreement may require you to give up two months` rent after departure. This gives the landlord time to rent the property to another tenant, while receiving rent from you. Most rentals work perfectly. However, if you know what to watch out for before signing the lease, you have a much better chance of getting a lease without a dramaturgical, followed by a smooth exit. Some landlords require tenants to have tenant insurance. If so, it should be in your lease. Tenant insurance covers your belongings if they are damaged or stolen, so even if you are not needed to have it, it is a good idea to buy it anyway. As you can see, it is essential that you read the lease to determine your landlord`s responsibilities, such as yours, when it comes to repairs and maintenance issues.