Characteristics of an Apartment Lease Form
An apartment lease form is one such important document that lists all the important terms and conditions regarding use of the apartment.
It must be noted that once both the landlord and tenant have signed apartment lease form, it becomes admissible in the court of law as a legal document in case of a dispute.
Thus, all its terms and conditions need to be fully read and understood by both the concerned parties.
It is possible that the tenant needs the apartment for a short duration of time such as for few months.
Alternatively, the tenant can choose to reside in the apartment for many years.
In both the cases, necessary terms and conditions regarding the time of usage of the apartment are included.
You can get the apartment lease form drafted by a number of ways such as with the help of property agents or advocates.
However, both of them would charge a heavy fee for that.
You can choose to download the apartment lease form from the Internet without paying any price.
Further, you can include or exclude any term or condition as per your understanding with the tenant or landlord, as your case might be.
Such a form which has been downloaded from the Internet has necessary space for entering names of both the parties, dates and rent etc.
Some important points that need to be present in this form include the date of beginning and termination of the agreement.
It would also list the amount of monthly rent, security deposit and the due date of payment of rent every month.
You must also decide who will be responsible for payment of power and water usage and include the decision in the agreement.
Usually, such things vary at different locations and if there are any local laws in place, they must be honored.