A lease agreement, also known as a residential lease, short delivery contract or short-term lease, is a contract that defines the obligations and expectations of a landlord and tenant`s relationship during the lease. Remember, if you take a rental deposit, you must do so. At the beginning of the lease, it is important: it is important to have a written contract between a landlord and a tenant to define all the responsibilities and obligations of each party during the lease. In this way, both parties understand and accept conditions that can help avoid conflicts and disagreements in the future. You have a legal obligation to give many different papers to your new tenants at the beginning of the lease. It`s probably the easiest to do this on the day your tenants move in or make an appointment to call the first week of renting. The most common form of the lease, which is to lease a property to a group of people, is a common tenancy agreement. This will designate all parties and generally stipulate that tenants are jointly responsible for rent and damage. Your tenancy agreement may grant you more rights than a single tenant`s rights. A written agreement cannot infringe your fundamental rights as a tenant. If your lease started on or after April 1, 2007, you also include: you are not entitled to a lease. A lessor must only submit a written lease if the lease is to last more than one year. If you do not have a lease, you have fundamental rights defined by law.

A rental book must be made available to a tenant with a rental date of 28 days. It should be noted that homeowners who use this document must first register with the land order registration regime. If the landlord asks the tenant for a security deposit, it must be deposited on a rental deposit and the tenant must be informed of the system used by the landlord. Although you don`t have to provide an inventory, it would be foolish not to do so, as it is the best way to avoid disputes over deposits at the end of a lease. The rental deposit system operates on the principle that the surety is the tenant`s money and must be repaid, unless a landlord can prove that he or she has the right to keep some of that money as compensation. You must have a properly completed check-in and check the inventory in order to have a chance to benefit from a deposit at the end of the lease. The inventory you accept at the beginning of a tenancy agreement is necessary proof if you have to make a claim against your tenant because of the damage caused by the tenant. It is normal for a tenant to pay a rental deposit as collateral for the landlord, in case of repairs or replacement losses resulting from the tenancy agreement. Owners should be aware of the rental deposit system that requires an owner to hold any deposit in the detention centre or in one of the systems covered by the accepted insurance. Some homeowners now decide not to post a deposit.

Instead, they prefer to charge the tenant an administrative fee for setting up the lease or insurance against any damage arising from the right to rent.