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5 Things to Look for When Signing a Lease

Unsigned Celina Rental Agreement ContractOne huge mistake a Celina tenant can make is not thoroughly reading the lease just prior to signing it. This is a massive problem considering that no two leases are precisely the same, and some landlords may incorporate things in the lease that you probably really shouldn’t agree to. A lease is a binding legal contract, so if a particular clause doesn’t violate state law, you could find yourself responsible for anything from unauthorized guests to tree removal. Before you sign anything at all, read the entire lease completely and carefully. And, as you read through the lease, watch out for these five things in particular.

1.   Documentation of Property Condition

Just before signing a lease or moving into a new home, it’s imperative to find out if your landlord has a system for documenting the property’s condition. This is substantially important; if you don’t have some approach to document the property’s condition before you move in, you could pay the price. To protect yourself, make it a point to ask about your landlord’s documentation process and take proper and prompt actions to report any existing damage before you move in.

2.   Termination Policy and Fees

Many leases have a specific duration, while others operate on a month-to-month basis. It’s important to understand the policies regarding lease termination and any associated fees. Some leases require 30 to 60 days’ notice before you leave, while others may impose penalties for early termination. For instance, if you sign a 12-month lease and move out after six months, you could face a cancellation fee and potentially lose your security deposit. Always read the lease carefully and address any questions with your landlord before signing.

3.   Roommates and Subletting

One usual misperception about renting a home is that a renter has the right to sublet all or part of their home to others. But numerous leases include clauses that strictly forbid renters from doing so. If you had been considering to sublet your home during an extended absence or get a roommate to help you with the rent, you’d need to validate your lease carefully to be sure that it is granted. The last thing you need is to get discovered illegally subletting your place – that can get you evicted or held financially responsible for any damage your illegal tenant has done while occupying the residence.

4.   Pet Policy and Pet Fees

If you’re looking for a new home for yourself and your pet, it’s essential to review your lease for the landlord’s pet policy. Hiding a pet is not advisable, as many tenants get caught. If pets are allowed, there might be extra fees or a deposit, so check if it’s refundable if no damage occurs. Service and emotional support animals are exceptions; landlords must allow them and cannot charge extra. Open communication with your landlord can help prevent future issues.

5.   Cleaning and Other Responsibilities

When reviewing the lease, pay attention to the assigned responsibilities. Landlords often provide some services but expect tenants to handle others, such as lawn maintenance, light bulb replacement, utilities, and cleaning. While some landlords arrange professional cleaning, many assume tenants will take care of these tasks or hire outside help. Understand your responsibilities and ensure you’re comfortable with them before signing the lease.

Lastly, it’s absolutely necessary to take the time to read your lease carefully. Make sure that you understand well every little thing, and ask for clarification if needed. Certain parts of your lease may be negotiable, so if it comprises things you don’t want, consider asking your landlord for revisions. You are the one who has to follow the lease terms so the more you know, the fewer surprises you’ll run into in the future.

Are you in the market for a new rental home? Real Property Management Focus can help! Check out our rental listings online.

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