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Most leases and rental agreements include a clause in which the tenant agrees that the premises are in habitable (livable) condition and promises to alert the landlord to any defective or dangerous condition. Tenant's repair and maintenance responsibilities.
The most important clause to landlords is the duty of the tenant to pay the rent in full and on time. This includes the right to charge a fee for damages if payment is late. Other important clauses grant the landlord the right to enforce the rules and regulations written into the lease.
Common contents of a lease agreement include:Names of the lessor and lessee or their agents.Description of the property.Amount of rent and due dates, grace period, late charges.Mode of rent payment.Methods to terminate the agreement prior to the expiration date and charges if any.More items...?
Lease provisions are usually described as "boilerplate," since many leases use standard language. Boilerplate language in a lease may include the terms of the lease, payment dates, and late fees, among others.
Here are some of the most important items to cover in your lease or rental agreement.Names of all tenants.Limits on occupancy.Term of the tenancy.Rent.Deposits and fees.Repairs and maintenance.Entry to rental property.Restrictions on tenant illegal activity.More items...?