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Lessening the Confusion and Decoding
THE LANGUAGE OF LEASES
If you are interested in leasing a condo in the near future, it
is important that you learn more about the typical terms in
a lease.
When you rent a property, the landlord will have the option
to use his or her own lease or a standard lease template
prepared by the Arizona Association of Realtors.
Regardless of the format that is used, this will be a valid,
legally-binding document once both parties have signed it.
Therefore, it is important that you understand the terms of
the lease before you sign it.
Keep in mind that tenants and landlords alike have rights
that are protected in the lease, but the terms can also vary
from agreement to agreement.
General Lease Terms
The lease will dictate who is legally responsible for payment
of the rental payment and for satisfying all of the terms of
the lease.
General Lease Terms
The people who are named as lessees or tenants will be the
individuals who can be held responsible for making
payments, for the condition of the property and for fulfilling
other terms of the lease.
General Lease Terms
Regardless of any roommates or other adults living in the
property, the named lessees are the responsible parties.
General Lease Terms
The lease will dictate start and end date for when the
tenants can legally occupy the property, if it will continue on
month-to-month after it expires, how much notice the
tenant must give prior to vacating and other terms.
General Lease Terms
Pets and Occupants
While the named lessees or tenants are legally responsible
for the condition of the property, making the rental
payments as agreed and other factors itemized in the lease,
others may legally live in the property.
Pets and Occupants
Other named occupants who will occupy the property on a
permanent basis must typically be identified and named in
the lease, and it may dictate that no other individuals shall
be permitted to stay in the property for longer than a
specified number of days.
Pets and Occupants
In addition, the contract will name pets that are allowed to
be on the property and the terms, such as a pet damage
deposit.
Pets and Occupants
The Condition of the Property
The lease will also dictate the condition of the property.
The Condition of the Property
Generally, a tenant will be required to complete a condition
form before moving into the property, and this will itemize
existing damage to the property.
The Condition of the Property
The tenant will be required to pay for additional damages
done to the property during the time of occupancy, and this
cost will be deducted from the security deposit.
The Condition of the Property
In addition, the lease will itemize how the tenant should
maintain the property and how to handle repair issues that
arise during the time of occupancy.
The Condition of the Property
A lease can be detailed, and it may not be the same as
others you have signed. Because of this, you should read
through the entire document up-front, and you should
negotiate terms that you are not comfortable with.
In addition, you should refer to the it as needed to ensure
that you act according to your responsibilities under the
terms.
If you are looking for a condo to buy in Tempe
for your ASU student, We Know Urban Realty
will help you find the perfect place.
Their realtors are experts when it comes
to urban living.
Visit the site to see what's available right now:
www.weknowurban.com
Will Daly, Broker
We Know Urban Realty, LLC
834 E Claremont Street, No 3
Phoenix, AZ 85014
(480) 510-8755
Email: Will@WeKnowUrban.com

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Lessening the Confusion and Decoding the Language of Leases

  • 1. Lessening the Confusion and Decoding THE LANGUAGE OF LEASES
  • 2. If you are interested in leasing a condo in the near future, it is important that you learn more about the typical terms in a lease.
  • 3. When you rent a property, the landlord will have the option to use his or her own lease or a standard lease template prepared by the Arizona Association of Realtors.
  • 4. Regardless of the format that is used, this will be a valid, legally-binding document once both parties have signed it.
  • 5. Therefore, it is important that you understand the terms of the lease before you sign it.
  • 6. Keep in mind that tenants and landlords alike have rights that are protected in the lease, but the terms can also vary from agreement to agreement.
  • 8. The lease will dictate who is legally responsible for payment of the rental payment and for satisfying all of the terms of the lease. General Lease Terms
  • 9. The people who are named as lessees or tenants will be the individuals who can be held responsible for making payments, for the condition of the property and for fulfilling other terms of the lease. General Lease Terms
  • 10. Regardless of any roommates or other adults living in the property, the named lessees are the responsible parties. General Lease Terms
  • 11. The lease will dictate start and end date for when the tenants can legally occupy the property, if it will continue on month-to-month after it expires, how much notice the tenant must give prior to vacating and other terms. General Lease Terms
  • 13. While the named lessees or tenants are legally responsible for the condition of the property, making the rental payments as agreed and other factors itemized in the lease, others may legally live in the property. Pets and Occupants
  • 14. Other named occupants who will occupy the property on a permanent basis must typically be identified and named in the lease, and it may dictate that no other individuals shall be permitted to stay in the property for longer than a specified number of days. Pets and Occupants
  • 15. In addition, the contract will name pets that are allowed to be on the property and the terms, such as a pet damage deposit. Pets and Occupants
  • 16. The Condition of the Property
  • 17. The lease will also dictate the condition of the property. The Condition of the Property
  • 18. Generally, a tenant will be required to complete a condition form before moving into the property, and this will itemize existing damage to the property. The Condition of the Property
  • 19. The tenant will be required to pay for additional damages done to the property during the time of occupancy, and this cost will be deducted from the security deposit. The Condition of the Property
  • 20. In addition, the lease will itemize how the tenant should maintain the property and how to handle repair issues that arise during the time of occupancy. The Condition of the Property
  • 21. A lease can be detailed, and it may not be the same as others you have signed. Because of this, you should read through the entire document up-front, and you should negotiate terms that you are not comfortable with.
  • 22. In addition, you should refer to the it as needed to ensure that you act according to your responsibilities under the terms.
  • 23. If you are looking for a condo to buy in Tempe for your ASU student, We Know Urban Realty will help you find the perfect place.
  • 24. Their realtors are experts when it comes to urban living.
  • 25. Visit the site to see what's available right now: www.weknowurban.com
  • 26. Will Daly, Broker We Know Urban Realty, LLC 834 E Claremont Street, No 3 Phoenix, AZ 85014 (480) 510-8755 Email: Will@WeKnowUrban.com