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Facts - Books - News    U.S. Facts Of Law:


Rental Agreements

A rental agreement is another term for a lease agreement.  The rental agreement provides the terms between the landlord and the tenant concerning the rental of the property.  It includes the amount of rent, identifies the property, identifies the parties and specifies the term of the rental.

Additionally, a rental agreement normally will specify in detail the rights and obligations of the landlord and tenant.  These may include:

  • Who can live with the tenant including visitor duration
     
  • What utilities are included in the rent
     
  • Under what circumstances the tenant my sublet the property
     
  • How the tenant may use the common areas and parking spaces
     
  • The term and frequency of rental payments
     
  • Late payment charges and eviction notification
     
  • What options exist at the end of the rental agreement
     
  • And possibly other conditions and responsibilities

The rental agreement is bound by the laws of the State where the property is located.  Many states provide for basic tenant rights that cannot be negated by the contract.  For instance, some States provide for treble damages if a rental deposit is not returned within a specified time after the agreement ends.  Other laws specify the conditions that allow for eviction and the procedure the landlord must follow.

 

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Four Ways To Fix The Rental Market BBC News
BBC News Four ways to fix the rental market BBC News But only in Austria is there a legal maximum rent, or cap. In England, the rent can normally only be increased once a year, depending on the tenancy agreement. But the law says such increases must be quotfair and realisticquot. Shelter would like to see rent and more raquo

Tuscaloosa, Shortterm Rental Service Reach Tax Collection Agreement Tuscaloo...
Tuscaloosa News Tuscaloosa, short term rental service reach tax collection agreement Tuscaloosa News City officials have finalized a tax remission agreement with the nation39s primary marketplace for home sharing. Now, it39s looking to make similar agreements with other services. On Tuesday, the Tuscaloosa City Council finalized a contract with AirBnB and more raquo

What To Look For In A Rental Agreement Or Lease Mortgage Rates The Mortgag...
The Mortgage Reports blog What to look for in a rental agreement or lease Mortgage Rates The Mortgage Reports blog You39re looking to rent a home. Would you be better off with a rental agreement or lease Is there even a difference between the two Rental agreements are generally month to month, and either you or the landlord can terminate the agreement with 30 days and more raquo

Letter To The Editor The Trinitonian
The Trinitonian Letter to the editor The Trinitonian This is inaccurate as a categorical statement, and will depend heavily on the lease/rental document, as well as the rental operator. Common leases such as those provided by TAA and TAR generally spell out repair responsibilities clearly, while it39s

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Facts of Law about real estate rent

Facts of Law - Rent