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Friday 02 December 2011
 

Pitfalls to avoid in a lease

 
Pitfalls to avoid in a lease
 

Leasing is a simple and easy to get that every year many French choose. Interesting alternative for the budget, but also for people who do not wish immediately to purchase a property. However, you have to be careful and some precautions should be taken.

 

The legal requirements for establishing the lease.

 

Before you can move into a rental, it is important to know that for certain types of lease, a lease must be submitted to the drafting of a contract. The laws specify the nature and purpose and the content of a contract. Learn about the obligations that govern this type of legal acts is necessary.

 

A lease to be valid must include in particular information about each of the parties, the description of the leased property and the amounts that have been established between the parties. All these parts have to be present in the contents of the contract.

 

The mandatory information to be contained in the lease include:

 

• the start date and duration of the lease. 

• the use of the leased space (private, professional, or both).

• the rental price, payment terms and the revision of charges and rates. 

• taxes that the tenant must pay.

• the deposit (if applicable).

• conditions of termination. 

 

The parties may agree on some optional clauses as they are not contrary to law

 

The parties may agree on such deposit, the rental period, termination by the realization of a particular condition, the method of payment ...

 

The incidents of a lease: the inventory

 

Before taking possession of the lease, it must be established between the parties an overview. This document is required to give a clear picture of the condition of the leased asset and its equipment. This document is mandatory and the parties can not ignore it otherwise to be self-harm in the event of legal disputes. The condition of the premises is an extra precaution for each of the parties involved.

 

This type of document is established at the beginning of the contract and against-one visit is made at the end of the contract. Two original shall be delivered to each party, the use of a bailiff appointed may be chosen.

 

Document attached to each lease, the inventory can prove the property that will be givenIn fact, each party comprising housing, will be assigned a box describing the state of good repair in poor condition. This helps to guard against any defects that might impede the enjoyment of the property.

 

For the owner, if damage is discovered at the end of the tenancy, the inventory will allow him to withdraw the amount necessary to accomplish the work of reinstatement of the security.

 

For the tenant, this will allow him to disclaim liability for defects either before or after or during the contract period.

 
Listed in: Real current events, Habitat

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