Comments on: Rent lease contract question.?

By: estielmo

estielmo — Sun, 05 Jul 2009 14:29:27 +0000

They want you to lease and maintain the place as if you were owners.

First you should have a detailed Move-In Inspection form on which you note ANY AND ALL imperfections of the place, inside and out, even things like torn screens and marks on the floor/walls.. Then you BOTH sign it and keep copies for theMove-Out to compare.

Note (and both sign) a detailed list of maintenance items agreed to. Personally, I would exclude all painting, repair, major maintenance. I would restrict ALL exterior maintenance to lawn/garden care and trash clean-up. Your insurance should cover your private property and personal liability only. The property insurance should be on his end. I’d eat the pest control (roaches, not termite).

Your lease should have terms for the landlord entering the premises. Usually, it’s "reasonable right of entry with 24 hour written notice." A quick walk-through every three or four months seems reasonable.

By: kelly

kelly — Sun, 05 Jul 2009 14:29:27 +0000

not only take pictures but also have it written down with the landlord signature by it also with the date remember if it ever comes down to it and you have to go to court the court always looks at black and white not hear say, But as a general rule of thumb the renters do need to have rental insurance and the renters normally takes care of the pest control, yard maintence and any repairs under 300.00 over 300.00 the landlord should take care of the repairs.

By: Yote'

Yote' — Sun, 05 Jul 2009 14:29:27 +0000

BEFORE YOU SIGN THE LEASE!!!!!!
Absolutely walk through and take notes, pics, even video. Standard renter’s insurance should cover everything listed in the insurance section, if Flood Ins is N/A it is probably because it is not located in a floodplain and not eligible for flood insurance. On the maitenance question, only rent here if you are comfortable.
BEFORE YOU SIGN THE LEASE!!!!!!

By: reenzz

reenzz — Sun, 05 Jul 2009 14:29:27 +0000

Your also free to negotiate any part of the contract that you wish. However, insurance is a good idea since the landlord homeowner insurance only cover his property…not your personal belongings. BTW…yes, security is refundable as long as you leave the rental in the same condition you received it in.

By: tink

tink — Sun, 05 Jul 2009 14:29:27 +0000

If the owner really wants to sell the place, negotiate that you are not experienced at yard maintenance/exterior, a well manicured lawn sells and the owner should probably hire a pro if the owner wants it done right. It’s worth a try, it’s in excess to ask you to pay, especially exterior, what if a rotted board falls off, gutter leaks, etc. that’s too costly for you to be responsible for. It sounds like the house isn’t selling because it does need repairs and owner wants to find someone, you, to pay for the repairs.