For one to qualify as a tenant, they need to agree with the terms that are stated in the contract form. The contract form binds the tenant who is also the renter and the landlord or owner. These are the terms that will guide and govern the tenant as long as he remains under the landlord. It is therefore important for a client to read and understand and agree to the terms that have been explained in the contract form. When there is a point that is not clear, one should seek the counsel of a lawyer. A lawyer can always read and interpret the contract agreement on behalf of their client. Where there are strings they are able to explain to their client. Lawyers have the experience in reading and interpreting contracts of any nature.
Date of Commencement
The date when the contract should start to be officially binding should be clearly indicated on the contract. This helps the tenant and the client to be able to know when the contract starts to be legally binding both of them.
Date of Payment
The expected day of payment is also shown on the contract. The client should sign the document with the knowledge of when they are expected to make payments. There may be an allowance in case of any unforeseeable delays. The course of action to be taken in the case that the payments are not made within the agreed time should also be clearly stated. The tenant should agree with this before they bind themselves to the contract.
Both the tenant and the landlord should sign the contract in agreement. The tenant should not be coarsed or tricked into the agreement. They should be in sound mind when they sign it. They should be of age also. The signatures are an indication that both parties are in agreement with all the terms and conditions described in the contract.
The exact amount that should be paid within a given period should be clearly stated on the contract. When one signs the contract they ought to know that they are engaging in a deal that will cost them an amount that they are comfortable in paying. The contract should also be very clear on how any increments are likely to be made. The period of notice that should be given before the actual increment is made should also be clearly stated on the contract. The landlord should not wake up and decide to make changes in prices without being bound by a legally binding document.
How to End the Contract
The contract should also be clear on how the contract between the tenant and the landlord should be ended. If there are any breakages, it should state how the replacements are supposed to be made. The condition that the property should be left in, should also be stated on the contract.