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Section 17. The Tenant shall not make any alterations to the premises, including but not limited to installing aerials, lighting fixtures, dishwashers, washing machines, dryers or other items without first obtaining written permission from the Landlord. The Tenant shall not change or install locks, paint, or wallpaper said premises without Landlords' prior written consent, the Tenant shall not place placards, signs, or other exhibits in a window or any other place where they can be viewed by other residents or by the general public.
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From the tenant's perspective, the advantage to this kind of lease is that they don't have to pay the purchase price up front. If the Tenant cannot qualify for a loan, then they have the option of purchasing the property at a later date when their finances are more secure. In addition, the purchase price may be fixed, so the tenant does not have to worry if the real estate market fluctuates.
A Residential Lease Agreement should be used when leasing any kind of livable property to a tenant which may include a house, apartment, room, condo, mobile home or some other type of habitable property. It’s very important to use a lease to minimize disputes and if ever a problem results in the need for court, such as an eviction, a lease is needed in order for either party to win their case, especially the landlord.
The landlord's obligations are defined by the terms and conditions contained in the lease and the laws specific to where the property is located. The most important obligations of the landlord include providing the tenant access to the property and allowing the tenant peaceful enjoyment of the property. The legal owner of the property also has obligations to maintain the property to minimum standards.
Various things can affect the state of an apartment: a sagging ceiling, toxic mold or no running water. Depending on how serious the situation is, you can cancel the lease, leave the apartment during repairs or simply refuse to move in. By law, when is an apartment unit unfit to live in? The law considers that a rental unit is unfit to live in when there is a serious risk to the health or...
Negotiating a lease agreement is determined by a multitude of factors starting with market conditions and how the property is priced versus other rentals in the area. The landlord’s goal is to collect as much rent each month as possible while mitigating their risk. If the applicant can represent that they would be a stable tenant, the landlord may give them a discount on the monthly rental amount along with including utilities or services.
Additional occupants: The agreement may include a term restricting the number of occupants in a rental unit or requiring the landlord’s permission before additional occupants can live in the rental unit. If additional occupants are added, a landlord can only increase the rent if the tenancy agreement includes a term allowing the rent to vary based on the number of occupants or the parties all agree to sign a new tenancy agreement.