Putting a property to rent is a remarkable way to earn money in Pennsylvania with the increasing number of renters looking for a dwelling unit in the state. Individuals wanting to place their houses or other properties for rent should have a written lease agreement to ensure every detail is in black and white and properly documented. Take note of the following details before placing your house for lease and making your own agreement forms.
Finding Lease Agreement Forms
Templates for lease agreement forms are widely available online. They are labeled for specific states to allow landlords, like those living in Pennsylvania, obtain the best template prior placing the house for rent. Template details include amount, security deposits, disclosures, tenant rights, landlord rights, abandonment details, and many more.
The Necessity of Legal Consultation
While templates are readily available, it does not guarantee to be written according to the Pennsylvania Landlord/Tenant Act. If it does, some missing technicalities must be met in accordance with local ordinances passed by specific cities or municipalities. This is where legal consultation comes in.
A landlord must consult a lease agreement attorney to check on the details stated in the template to ensure every standard and law is met. Incompliance with specific standards entitles tenants to dispute their cases in court if necessary. Furthermore, laws protect both tenants and landlords from potential legal problems, plus saving the hassle of dealing with the ramifications if possible. A legal expert is adept at the legal technicalities that come with leasing a space in Pennsylvania. It is recommended to consult a Pennsylvania attorney to guarantee that the agreement complies with the state regulations.
Receiving rental pays according to the agreed duration and mode is the first legal right of a landlord. However, this is just the tip of the iceberg as landlords have other rights too. Another right is screening tenants before agreeing to lease the place. Background checks include good rental history and good credit rating to ensure monthly payment.
Receiving a security deposit worth two months of the rent may be required before legally binding the tenant. Nevertheless, security deposits may not be required if the landlord finds it unnecessary after proving tenants’ good rental records and clean credit rating.
Landlords also have the right to end the lease agreement in various cases like the tenant’s inability to pay the rent on time, damaging or altering the entire property, or breaking other provisions stated in the contract.
Understanding Tenant Rights
It is a landlord’s responsibility to understand the tenants’ rights. Tenant rights include renting a place conducive for living and built in a secured location in accordance with stated health codes of the state. Tenants also have the right to request for repairs while staying in the property. They are also entitled to receive the security deposit once the contract lapses within 30 days.
Advance Notices for Evictions
Notice of evictions must be provided in accordance with the state and federal laws in advance. However, there are instances when landlords waive the right to notice with reference to the agreement if necessary.
Being able to set a good legal agreement includes writing one in accordance with state regulations. Be sure to understand these details as a landlord to ensure you will have a problem-free rental agreement with your tenant.