A lease agreement can be concluded both orally and in writing. However, an agreement entered into orally must be drafted in writing if one of the parties so requests. As mentioned, it is strongly recommended that the lease be drafted in writing. The agreement will govern you and your landlord's rights and obligations. In the event of a conflict, it will be clearer what has been agreed, and your case will be far stronger.
If defects or damage to the property were discovered at the time of the rental, you should have the landlord note this in the lease. You will then avoid being held responsible for the damage afterwards.
If the landlord undertakes to rectify any faults or deficiencies, one should note in the lease when this is to be done. Read the lease carefully. If anything is unclear, you should investigate the significance more closely.
There are two types of leases, timed and indefinite.Timed leases run from the commencement of the contract until a pre-agreed date. It is not necessary to terminate a fixed-term lease, as this usually does not require notice of termination from either party.
In principle, the Tenancy Act places restrictions on the right to enter into temporary leases with durationsof less than three years. Some landlords, however, offer temporary leases in the period from mid-August to mid-June.
This is especially true of landlords who have apartments or similar with multiple housing units. These often rent out the apartments on so-called summer rentals.
Such leases can provide an advantage for those who do not have to stay at the campus during the summer months, since they do not have to pay rent for this period. However, please note that in many cases, timed leases do not have termination access during the lease term. This is not always as favorable. You will be legally obliged to pay rent until the end of the lease, although for various reasons you might want to move. Therefore, require the contract to have a termination clause of one or two months.
Indefinite termed leases
Indefinite termed leases run until one of the parties terminates it. Unless otherwise agreed, a notice period of three months is required.
For those who live in a shared accommodation
When several people agree to rent an apartment or house, it is not uncommon for the landlord to want only one person to be the responsible tenant. This is something to be very cautious about, because one will be responsible for the total rent if, for example, others choose to move out without settling up. The safest thing is for each resident to enter into a separate agreement with the landlord.
If the landlord is only willing to deal with one person, a separate agreement should be entered into with each other in the shared dwelling, which guarantees the person responsible to the landlord. For example, you can create a separate bank account with a common advance rent of one or two months, possibly for the same period as the notice period.
Furthermore, one should have clear criteria for those who choose to move out before the rental period expires.
When entering into the lease, it is normal to create a deposit account. This covers the landlord in the event of the tenant's inability or unwillingness to pay rent, or to pay costs for repairing something that the tenant has damaged.
Deposit must be agreed upon in advance, and consequently cannot be required by the landlord after the lease has been signed. The deposit amount must be deposited into an account created in the tenant's name. The deposit cannot…