Real Estate Lease: Rights and Obligations of the Parties
Renting real estate is a common way to temporarily use housing. It is important to understand the rights and responsibilities of both the tenant and the owner:
Tenant's Rights:
Comfortable Accommodation: The tenant has the right to safe and livable housing that complies with the contract.
Awareness: The tenant has the right to request information about the condition of the property and the utilities provided.
Property Preservation: The tenant has the right to protect his/her property and to keep the property in the agreed upon condition.
Tenant's Duties:
Contract Compliance: The tenant is obligated to comply with the terms of the executed lease.
Payment of rent: The tenant is obliged to pay rent and utilities in a timely manner.
Preservation of the property: The tenant is obliged to treat the rented property with care and be responsible for causing damage to it.
Owner's Rights:
Receipt of rent: The owner has the right to receive rent in a timely manner according to the agreement.
Control over the condition of the object: The owner has the right to control the condition of the object and its compliance with the requirements of the agreement.
Information: The owner has the right to demand information about the condition of the object from the tenant.
Responsibilities of the owner:
Maintaining the object in proper condition: The owner is obliged to maintain the object in a livable condition that complies with the terms of the contract.
Protecting the rights of the tenant: The owner is obligated to protect the rights of the tenant by abiding by the terms of the agreement.
It is important to read the terms of the lease agreement carefully and ensure that it is legally sound for both parties.