Premises on Rental Agreement: What You Need to Know
As a renter, one of the most important documents you`ll encounter is the rental agreement. This document outlines the terms and conditions of your tenancy, including your responsibilities as a tenant and the obligations of your landlord.
One crucial aspect of any rental agreement is the description of the premises. This section defines the rental property and helps avoid any confusion or disputes down the line. Here`s what you need to know about premises on a rental agreement.
What is Premises?
The premises are the physical property being rented, and the rental agreement should describe the location and boundaries of the rental unit. The description should include the address, apartment number (if applicable), and any other specific details that differentiate the rental unit from others in the building.
For example, if you are renting a basement apartment, the agreement should specify that the rental unit is located in the basement and list any distinct features, such as a separate entrance or a private bathroom.
Why is Premises Important in a Rental Agreement?
Defining the premises is essential for several reasons. Firstly, it ensures that both parties are on the same page when it comes to the rental unit`s location and boundaries. This information can be crucial in cases of disputes, such as if a landlord tries to enter the unit without your permission.
The rental agreement`s premises section can also help clarify what is included in the rental unit and what is not. For example, if you are renting a condominium, the agreement may specify whether parking spots or storage lockers are included in the rental.
Finally, the premises section can also help protect the landlord`s property rights. By defining the rental unit`s location and boundaries, the landlord can ensure that you are not using areas of the building that are not included in the rental agreement.
What should the Premises Section Include?
The premises section of your rental agreement should include the following information:
– The street address of the rental unit
– The rental unit`s number (if applicable)
– The unit`s location within the building (e.g., basement, first floor)
– Any unique features that differentiate the rental unit from others in the building (e.g., a private entrance)
It`s essential to ensure that this information is accurate and up-to-date. If you notice any mistakes or discrepancies, bring them to your landlord`s attention as soon as possible to avoid potential issues down the line.
In conclusion, the premises section of your rental agreement is a crucial aspect of your tenancy. It defines the rental unit`s location and boundaries, clarifies what is included in the rental, and protects both parties` rights. As a tenant, it`s essential to carefully review this section before signing the rental agreement and ask any questions you may have to ensure you fully understand the terms and conditions of your tenancy.