4 Critical Permissions Tenants Need To Specify In Lease Agreements Before Signing

Conditions and specifications in rent and lease agreements need to be taken very seriously by landlords and tenants so that no loopholes are left in terms of understanding their respective rights and duties while under the lease term. There have been many instances in the past where certain secondary yet critically important matters were left out leading to misunderstands and confusions later.

 

To stay on the safer side of things, here is a list of often forgotten specifications that both parties must address before signing the rental property lease agreement form…

• Subletting – Subletting allows current tenants to allow other renters to use the premises and pay a certain part of the rent to the landlord on a monthly basis. This can reduce the burden of rental expenses in the part of the main tenants significantly. However, all landlords do not allow subletting benefits and it may not be a part of standard residential lease agreement as well. This makes it necessary for the latter to enquire about the same before going ahead. To learn more about drafting a rental lease agreement in New York online, visit this website.

• Alterations – This basically involves specifications on the rights of tenants to alter building / home premises to suit their preferences. Certain landlords may allow the changes to be made at the expense of the tenants or not allow such advantages at all.

• Pets – All homes for rent may not be pet friendly. In some cases, the landlord may allow certain kinds of pets while not allowing others, especially exotic pets like snakes etc. Therefore, if you have a pet, you will have to clarify applicable pet policies and have it mentioned specifically in the contract.

• Usage of common areas – Most residential properties come with common areas like gyms, pools, parks and more. The usage rights of these areas by the tenants as well as the matter of footing bills for the same should be mentioned clearly in the contract.

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