Coldwell Banker 2015 Commercial



Hidden Lease Terms: Five Tips to Avoid the Surprises

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A violation of the lease term could get you kicked out and since you signed a binding document, your landlord gets the support of the law. The following are some tips to avoid surprises in your lease terms.

Know Who Pays the Utilities

Just because your last apartment’s rent included utilities does not mean the same policy applies anywhere. Utilities such as gas, water and electric are usually not included in the rent. And as utilities can be a considerable part of your rent budget ensure that you know what you have to pay before you sign a contract.

Pay the Rent Promptly

You surely know that you have to pay rent; however, it is just as necessary to pay on a timely manner. Even if your payment is one day late you may be noticed by your landlord to pay rent or leave. Late payment is a practice that may strain your relationship with the landlord. Also you could be paying for late fees which could get expensive. You might want to talk to a provider of real estate services in E. Imperial Hwy. La Mirada California to understand the importance of a timely lease payment.

Ask Before You Sublet

Typically landlords will not allow subletting unless it is run by them first and you get written consent. The reason is that they wish to screen possible tenants. If you are looking to sublet at some point, make sure you know some ways to make it possible. Real estate lawyers say that tenants can protect themselves with language which requires that the consent of the landlord must not be withheld unreasonably. Also you can request a provision which provides that when your landlord doesn’t respond to a consent request to subletting within a certain period of time, your landlord is deemed to have consented.

Provide Proper Notice Before You Move Out

A lot of leases require tenants to provide a full month’s notice. Therefore, you will have to tell your landlord the 10th of the month that you are moving out as the lease ends. Often, such notice must be in writing. Failing to give notice that may be required by your leave can get you in the hook for the rent of the next month.

Limit Time of Guests Stay

Remember that leases are different. A number of them specify the length of time a guest can stay without putting a tenancy at risk and others do not. That is why it is important to read the lease carefully for language stipulating this concern.

Have you been burned by something you did not expect in your lease? Coldwell Banker Olympic would be happy to know. Use the comments section below.

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