Both landlords and tenants gain from the rental process. However, just like any other productive working relationship, this one also comes with a set of rights and responsibilities that must be understood by both parties. Numerous common misunderstandings and major and minor legal disputes can arise without this information. They might be avoided with this.
The following rights and obligations must be understood by both tenants and landlords.
1. In accordance with the Leave and License Agreement between the landlord and tenant, the landlord is obligated to grant the tenant the following rights and privileges: the bare necessities and food.
the precise information regarding the parking facility and the licensed premises’ floor and carpet area (the leased property).
The landlord must cooperate in order to legally stamp and register the lease agreement at the sub-registrar’s office.
After the agreement is signed, the landlord is obligated to provide the tenant with uninterrupted use and occupancy of the property, with the exception of exceptional circumstances.
The landlord should ensure the tenant’s safety and privacy on the property but should not restrict access to the amenities.
The lease agreement must first and foremost guarantee the tenant’s right to use the property and its amenities.
Prior to moving in, the tenant must also carry out a thorough inspection of the property to inform the landlord of any existing damage, leaks, or essentials that are missing. The landowner
must, then, have these things dealt with. As a tenant, you can also ask that the walls be repainted before you move in.
2. The specifics of the security deposit and when it should be given away The tenant is required to hand over the security deposit to the landlord before moving into the property. It typically includes the administrative fee and ranges from one to three months’ worth of rent. While the tenant is living there, the security deposit safeguards the rights of the landlord and is returned to the tenant upon their departure.
3. Who is accountable for paying for the repairs to the rental property?
In most cases, the property owner bears the cost of expected home repairs, particularly those involving underlying damage and repair. In the event of minor wear and tear, however, the tenant typically bears the cost of any necessary repairs. However, it is recommended that the two parties reach an unmistakable understanding of the various situations in which repairs will be required and who will bear the cost of something very similar.
