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Indenture For Lease In Philadelphia

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

Description

This form is a Release and Cancellation of Trust Agreement / Trust Indenture. All liens and encumberances created thereby are certified to be satisfied and released. Adapt to fit your circumstances.

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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