Importance of Getting in a Lease Agreement
A the lease agreement is where the owner of the land or the building permits the lease some legal rights on the property that are similar to his rights over the property. The power that you will have over the property that has been leased to are at times more than the owners power over the same property. The lease enjoys more after leasing a house or a land for a long period. The are some importance that is accorded in the lease agreement.
You are given the all rights over the house or the land once you have signed the lease agreement until you want to give the owner grounds of eviction or when your lasing period elapses. The landlord has the right to give a quiet possession of the property without interfering with your activities with that property. unless you give the landlord the grounds of eviction he does not have any right to ask you to move out of his property before the lease agreement expires. you will always be secured in a lease agreement because in case there is someone to pay double of what you have paid to acquire the same property there is no way the landlord can be able to do anything about the situation apart from waiting your period to end. Unlike renting a house monthly the owner can throw you out of house anytime he wants because you don’t have any rights over the house.
In your lease agreement anything about your rent is only considered after you leasing period is over and you need to renew your contract. After sighing a lease agreement the amount of money that the landlord agreed the beginning of the lease agreement cannot be changed or increased unless you get into another contract and sign another lease agreement which inched the change or the rise if the amount. The landlord cannot increase your rent unless you agree to sign in another lease after your current lease agreement is over. You have the right to agree to another lease agreement or disagree with the lease agreement.
as a tenant in the lease agreement the lesser has the right to do all the repairs and maintenance even if you cased that damage. as a tenant in a lease agreement it is not your duty to do the maintenance and solving any problem. the landlord cannot tell you to pay for any damage that has to occur to his property during your possession especially if it was not included in the lease agreement at the time of signing it. It is no your duty to do something that you did not agree to or something that was excluded in the lease agreement. This is a big benefit to you because you are not bound to pay for any repairs or any damages that might happen on the leased property unless it is mentioned in the lease agreement otherwise all the losses are on the lessor.