| You
may be able to change the terms of your lease by negotiating
revisions to a rental contract with your landlord.
Review the lease for any conditions that are
unacceptable to you, such as restrictions on pets or operating
a home business; the stated duration of your occupancy; policies
on subletting and refund policies on security deposits.
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Propose specific changes to the landlord
regarding provisions that are unacceptable to you.
Negotiate changes with the landlord and reach
an agreement on suggested revisions.
Make appropriate changes to the lease in permanent
ink.
Initial and date each change on the lease;
make sure the landlord initials and dates each change, as
well.
Obtain and keep a copy of the modified lease
for your permanent records; make sure the landlord retains
a copy of the modified lease for his or her files.
The best time to change the terms of a lease
is before you sign any papers; the terms of most standard
leases may be negotiated with your landlord.
A lease is a binding, legal document - make
sure you understand all the provisions before you sign any
papers.
If you agree to a lease provision only on
certain conditions (such as the landlord must recarpet the
rental unit by your move-in day), make sure you specify those
conditions in writing on the lease contract.
Evaluate a Lease Before You Sign
It's all in the fine print! Read all the terms
of your lease and make sure you understand everything before
you sign.
Make sure the lease covers the basic terms
of your tenancy including the amount of rent and all payment
terms, such as due dates, payment methods, late fees, grace
periods and penalties, and the period of time for the lease
(such as 1 year, 6 months or month-to-month).
Check to see if the lease spells out the
responsibilities of both the landlord and tenant, such as
who pays for utilities, taxes, maintenance and repairs.
Review the lease for specific policies about
pets, subleasing, inspections, parking, running a home business
or any restrictions on guests.
Evaluate the terms about security deposits,
such as when the deposit will be returned and the conditions
for a full or partial refund as well as the conditions of
any nonrefundable deposits.
Determine if the lease requires advance notice
of your intent to vacate the premises or the landlord's intent
to enter the premises for safety or maintenance reasons.
Look for provisions about the conditions
and procedures to end or break the lease.
Hire a local attorney to review the lease
and verify that the document meets all state and local rental
laws.
The terms of most standard leases may be negotiated
with your landlord.
A lease is a legal document - so paying an
attorney to review the terms of your lease is money well spent.
Leasing
| Drafting
a Lease for Your Rental Property | Change
the Terms of a Lease |
Negotiate
an Apartment Lease | What
is a leaseholder | Business
property lease |
Contents
of a Lease | Manage
Rental Property
|
