A rental agreement is only as good as the terms described in the document regarding rent a room, so it is important that the landlord takes a serious look at the information and rules included. These requirements serve as a means of establishing clear communication regarding what both the tenant and the landlord expect and thus avoid any future legal conflict.
Here are Five things Landlords should Consider, Even in their Contracts:
1. Names of Tenants and Term of Occupation
Including the tenant’s name in the rental agreement for rent a room may seem obvious, but which names to include can affect the amount of support a landlord has in the event that it is necessary to collect back rent or take some other action.
Anyone named on the lease is the party responsible for the rent and any damage to the property. If you name only one person on the lease, but their spouse or partner also lives there or if they have roommates, you can only hold that single person on the lease responsible.
2. Terms of the Lease
Unless it is on a monthly basis, the lease will require a specific period of time that the unit or home can be rented. If a time frame is determined, it is important to note whether the lease will be automatically renewed and under what terms.
Landlords typically have the option of not renewing a lease, but in municipalities where there are rent controls this flexibility may not be available. In areas with rent controls, the landlord is not normally allowed to evict the tenant unless there is just cause, such as failure to pay rent or violation of the terms of the lease.
3. Rent, Security Deposits and Late Fees
A lease needs to determine not only the amount of rent that will need to be paid each month, but also where the deposit should be made and how. Some landlords ask tenants to go to the bank and make a direct deposit, others prefer electronic payment, some a cashier’s check, and some want a check to be mailed to them.
The rental due date must also be stated, as well as the amount of any applicable late fees. In addition, you must specify the fee that will be charged for any bounced check. The amount of the security deposit should also be stated. These items may be capped based on local ordinances, so landlords should check with the appropriate city agencies.
4. Repairs and Maintenance
Questions should be addressed that have to do with whether the tenant or the landlord will be responsible for things like the maintenance of the appliances or the gardening. I have seen cases where the rented property has insects. Who is responsible for taking care of insects? If you are the landlord, how many times will you have to deal if the tenant is not following the rules to get rid of them?
And got the answer, it’s a good idea to check with your local, state, or county rental or fair housing authorities for requirements.
5. Restrictions, Restrictions, Restrictions
Many restrictions are generally included in leases, ranging from whether tenants can have pets to a limit on the number of cars that can be parked on the property.
Some landlords require that renters purchase renters or renter’s insurance and keep it current. I really recommend them. Normally, the landlord’s insurance doesn’t cover a tenant’s loss, and you don’t want him to try to come after you. In the case of rent a room landlord who do not make renters or renters insurance mandatory, the lease should make it clear that the tenant understands that they are responsible for ensuring their belongings and will not hold the landlord responsible for any damage suffered by their personal articles.
These five tips will help make renting a property as painless as possible and build a good tenant-tenant relationship from the start. Working with an experienced attorney or real estate professional to rent a room can also advisable to help you navigate city and state regulations and ordinances.