| Make
sure you get all the details written out and agreed to before
you sign on the dotted line. You'll have to abide by that
agreement for the term of the lease.
Make a list of what is important to you and
what details you want to include in the agreement.
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Study the lease agreement as it is written
and highlight any areas you want to change or negotiate.
Explain to the landlord your reasons for wanting
or needing the change.
Be willing to give something up in order to
get something else.
Act responsibly and respectfully. You'll have
more success if you are pleasant to deal with.
Provide documentation to support your worthiness
as a renter, such as a good credit report and a recommendation
from another landlord or rental-management company.
Get everything in writing once you agree.
Remember that your ability to bargain depends
on whether the landlord is anxious to have you as a tenant
or there are plenty of other great prospective tenants from
whom to choose.
Negotiating the lease also involves such items
as rent-due date, move-in date and things to be fixed or improved
before the move-in date.
Keeping Your Lease if Your Landlord Sells
the Property You're Renting
If your landlord sells the property you're
renting, you may be able to keep your lease when the property
transfers to new ownership.
Make sure you have a written lease with your
present landlord that covers a specified period of time.
Try to negotiate a new lease with the present
owner before the property is sold, especially if you do not
have a written lease.
Read your lease to see if the rental documents
address your rights to continue renting until the end of your
lease, even if a new owner purchases the property.
Be aware that rental agreements may change
with a transfer of ownership, but most state laws require
new owners to uphold the terms of existing rental contracts.
Contact a real estate attorney about your
rental rights under a property transfer in your state, if
you have a long-term lease (more than one year) or a lease
without a specified end date.
Make a new rental agreement with the new owner
when your current lease expires.
Laws in your city or state probably give you
the right to live in the property until the end of your lease,
but it's wise to check with local housing authorities or a
real estate attorney about your rental rights when the property
is sold to new owners.
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
|