• US Legal Forms

Indenture For Lease In Philadelphia

State:
Multi-State
County:
Philadelphia
Control #:
US-00195
Format:
Word; 
Rich Text
Instant download

Description

The Indenture for lease in Philadelphia is a legal document that outlines the terms and conditions under which a property is leased. This form serves various purposes, including defining the rights and responsibilities of both the landlord and tenant, specifying rental amounts, and detailing the duration of the lease. It is essential for ensuring that both parties understand their obligations and helps prevent disputes. Users should carefully fill out the form, paying close attention to details such as names, addresses, and specific lease conditions. Editing instructions recommend reviewing all clauses to ensure compliance with local laws and addressing any unique circumstances affecting the lease. This form is particularly useful for attorneys who need to draft leases, partners involved in real estate transactions, property owners looking to lease their properties, associates seeking to assist in legal documentation, paralegals engaged in real estate law, and legal assistants responsible for maintaining accurate records. With its focus on clarity and detailed expectations, the Indenture for lease in Philadelphia can facilitate smoother landlord-tenant relationships.
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FAQ

No person, firm, or corporation managing, conducting, owning or operating a dwelling or dwelling unit shall rent, lease, let out or permit to be occupied or shall re-rent the same without first obtaining a certificate of occupancy from the Borough, as set forth by the same procedure as in §§ 101-2 and 101-7.

Rental Application Process Complete rental application: We require a completed application to be considered for a property. Provide Proof of Income (mandatory). Provide Copies of Identification (mandatory). Prospective Tenant Applicants with pets (mandatory). Copies of Bills (optional):

Renting without a license is a code violation, and the City of Philadelphia can impose a daily fine of $300. These fines can add up quickly, becoming a significant financial burden.

Requirements Business Income & Receipts Tax (BIRT) ... Commercial Activity License (CAL) or Owner-Occupied Housing License. Zoning approval. Rental License. Proof of legal occupancy. High-Rise License. Certificate of Rental Suitability. Lead paint responsibilities.

Moving in: When you move into your apartment or house, your landlord should have a rental license. If your landlord does not have a rental license, it is illegal for them to collect rent from you.

If your landlord does not have a rental license, it is illegal for them to collect rent from you. To find out if your landlord has a rental license, use the city's Atlas tool and search for your address: .

First, the city can fine you $300 per day for every day your property has been rented without a license. For example, if the tenant has been living there for a year, you're looking at 365 days of fines — that's 365 times $300, which can add up very quickly.

You need a Rental License to rent out a property. One license can cover all units within a single address. The owner must name a local managing agent when applying for the Rental License. The managing agent is responsible for handling maintenance requests, collecting rent, and resolving rental disputes.

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Indenture For Lease In Philadelphia