What requirements apply to rental agreements?
What requirements apply when signing a rental agreement?
When signing a rental agreement, there are several important requirements and considerations that should be taken into account to ensure that the contract is legally binding and meets both the landlord's and tenant's needs and rights. Some of the key requirements include:
Identification of parties It is important to identify the landlord and tenant exactly by name and address to avoid misunderstandings or disputes later.
Description of the property: The rental agreement should contain a detailed description of the rented property, including address, type of accommodation, size, facilities, etc.
Lease period The contract should specify the agreed lease period, including start and end dates of the tenancy.
Rent and payment terms: The rental agreement should specify the agreed rent and payment terms, including amount, payment dates, any deposit requirements, etc.
Maintenance and responsibilities: The parties' responsibilities for maintenance of the property should be clearly established in the contract, including any maintenance obligations, repair responsibilities, and insurance requirements.
Termination and expiration: The contract should include rules and procedures for terminating the lease, including notice periods and conditions for termination.
Signatures from both parties: Finally, both the landlord and tenant must sign the rental agreement to confirm their acceptance of the terms and conditions of the contract.
These are some of the central requirements typically found when signing a rental agreement. It is important to ensure that all relevant details and terms are clearly defined and agreed upon by both parties to avoid misunderstandings.
What if the landlord hasn't signed the rental agreement? If a rental agreement hasn't been prepared between you and your landlord, you don't need to worry. Your account statements and/or receipts for payment of rent, deposit, prepaid rent, and similar serve as documentation that you are renting the property and that you have paid the relevant expenses.
However, it may be a good idea to have all parties sign a rental agreement to ensure that all terms and conditions are clearly defined and that the agreement is legally binding. If the landlord refuses to sign the contract, it may be appropriate to seek legal advice to understand one's rights and options. With ePact, you can easily and securely sign documents with MitID, at a competitive price.
