Should I Sign Anything?
When offering/procuring a lease you should always get something signed. This gives you a contract which will bind the tenant to an agreement. There are different benefits for both sides but signing a contract basically binds one by law to fulfill the stipulations in the contract.
The lessor is the person who is offering the property up for lease. The benefits of getting a contract signed are:
- The lessee is legally bound by a contract to pay for the property
- The lessee is bound to pay even if they are not living in the residence
- The lessor knows the exact terms and conditions specified in the contract
- If there is a violation of the contract the lessor has all of the rules specified and signed by the lessee
- Most of the time signing a contract ensures that all rules and stipulations will be followed by the lessee
Subleaser feels it is in the best interest of the lessee to get a contract signed for their protection and peace of mind.
- The lessor is bound by contract to provide use of the property for a specified amount of time
- The amount to be paid is clearly specified and cannot be changed
- The lessee knows the exact terms and conditions specified in the contract
- The lessee knows exactly what can and can't be done with the residence
- A contract also lets the lessee know they have procured a property which cannot be rented out to anyone else.
Subleaser feels it is in the best interest of the lessee to get a contract signed for their protection and peace of mind.
Subleaser would like either party to always get a contract signed. This gives both parties protection under the terms specified in the contract. Most of all getting a contract signed will give you the peace of mind that an agreement has been reached and all the rules are stated and will be followed.
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