8. Restrictions on the tenant`s illegal activities. In order to avoid trouble among your tenants, prevent property damage and limit your exposure to complaints from residents and neighbours, you should include an explicit clause prohibiting annoying behaviours such as excessive noise and illegal activities such as drug trafficking. The main guidelines that should be written in the lease are: 6. Repairs and maintenance. Your best defence against rent withholding problems and other problems (including on sureties) is to clearly state your responsibilities and responsibilities of the tenant for repair and maintenance in your lease or lease, including: Even long-term landlords may find that they must verify the terms and terms of their leases. , so it`s not a bad idea to check your rental agreement regularly to see if something needs to be added or deleted. For real estate or apartments, a rental agreement usually provides for a short-period lease, usually 30 days. Unless the tenant or landlord provides notice of removal, the lease is automatically renewed.

The terms of the agreement can also be amended each month. Even experienced homeowners can benefit if they review their rental terms from time to time, so let`s consider a few critical words that you should include in yours. All other legal restrictions, such as .B. Restrictions on the type of transaction a tenant can manage from home should also be set out in the rental agreement or tenancy agreement. Important rules and rules regarding parking and use of common areas should be explicitly mentioned in the lease or lease agreement. A rental agreement is a good idea if you want to make sure your tenant is reliable or if you rent a room in a house where you live. It is easier to terminate a monthly lease than a long lease. However, it is more important to look at your local rental market to understand rental prices, to evaluate what you might be able to calculate. Setting a fair rent on the market ensures that your rent is competitive to attract tenants and maximize your end result. Look at similar properties in the area to understand how much rent is being charged. Get as many data points as you can, as these units compete with your property to attract quality tenants. Adjust your price based on factors such as the number of bedrooms, amenities offered, location and size of accommodation.

10. Other restrictions. Ensure that your tenancy agreement complies with all relevant laws, including rent control regulations, health and safety rules, occupancy rules and anti-discrimination laws.