{"id":25298,"date":"2021-09-02T13:58:15","date_gmt":"2021-09-02T13:58:15","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=25298"},"modified":"2021-09-02T13:58:45","modified_gmt":"2021-09-02T13:58:45","slug":"home-rental-leases-explained","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/home-rental-leases-explained\/","title":{"rendered":"Home Rental Leases Explained"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span style=\"font-weight: 400;\">Becoming a renter is an exciting time, whether it\u2019s your first time or fifth. Although some questions arise when the landlord hands you the lease, and you have to sign your life away. When you\u2019ve finished looking for <\/span><a href=\"https:\/\/www.rentals.com\/Georgia\/Atlanta\/\"><span style=\"font-weight: 400;\">houses for rent in Atlanta GA<\/span><\/a><span style=\"font-weight: 400;\"> and choose one that fits your lifestyle and budget, it\u2019s time to get approved and sign that least. This is a lengthy document with all of the rules and regulations for you and your landlord\u2019s sake, so everything is clear and no one has any miscommunication.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have any questions about rental leases and what they entail, or even the point of them, we\u2019re ready to explain them to you.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Difference Between Leases and Rental Agreements<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Leases and rental agreements are different but very similar to each other. A lease is a contract between you and your landlord that lays out all of the terms and conditions, rules, and guidelines you must follow during the rental period. It locks you into paying a monthly rent until your lease expires (usually a 6 or 12-month period). It\u2019s what the landlord expects of you while you\u2019re staying there, since after all, you don\u2019t own the property &#8211; your landlord does.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These rental leases may seem daunting at first, but it\u2019s a good thing to have since it protects you and the landlord from altering and changing anything.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rental agreements differ from leases in terms of the kind of contract. Rental agreements go over a month-to-month tenancy and automatically renew every new month. Once a rental agreement is signed by the tenant, the terms and conditions can change at the end of each month. This could be a negative issue since your rent could essentially increase, or you\u2019re all of a sudden required to pay a monthly parking fee.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Leases are Long-Term<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Leases are great since they cover everything you\u2019re expected to pay, take care of, and abide by for the entire duration of your lease. Plus, you can budget out for the entire year since your monthly rent will stay the same, even if your apartment rental has its market value increased. If you want to feel stable for a long time and know you\u2019ll be able to afford rent, signing a lease shouldn\u2019t be a big deal.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Landlords Want to Feel Comfortable<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As stated above, leases are for the long-term, making it easier for the landlord. It lets them know that you\u2019re serious about renting through them and you\u2019re not going to try and back out in 6 months. Landlords want a guaranteed paycheck (your monthly rent) every month because that is how they make their money.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the end, leases are long, daunting documents but are very important to you and your landlord. Make sure to read it thoroughly and ask any questions you may have, so it doesn\u2019t fire back on you later.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">So What Should a Rental Lease Include?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now you know the point of a lease agreement, but what do they really include? After all, they\u2019re very thick, long documents packed with tons of information. The first thing it will include is the names of all the tenants that will be living there. This is to ensure that everyone is responsible for paying rent. It will also usually specify that the names of those tenants will be the only ones that can live in the unit. Of course, you can have friends over, but they won\u2019t be able to actually reside there.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next, it will state the terms of the tenancy, meaning if it\u2019s a rental agreement or fixed-term lease. For rental agreements, it will clearly state how much the rent is, along with any deposits and fees. Repairs and maintenance will be listed close to this as well, as what is included in repairs by the landlord and what will need to be taken care of out of your security deposit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The allowance of having pets and any other restrictions such as loud noise past a certain hour and illegal drugs will be listed here as well. Privacy rights that are violated like tenant claims of unauthorized entry or how someone should enter into the <a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\" title=\"rental property\">rental property<\/a> will be listed here, too.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h6>Ref number: THSI-2415<\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Becoming a renter is an exciting time, whether it\u2019s your first time or fifth. Although some questions arise when the landlord hands you the lease, and you have to sign your life away. When you\u2019ve finished looking for houses for<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/home-rental-leases-explained\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":81,"featured_media":25299,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[1,16,9],"tags":[],"wl_entity_type":[602],"modified_by":"THS","_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2021\/09\/Screenshot-2021-09-02-at-14.57.07.png","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/home_rental_leases_explained","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/25298"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/81"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=25298"}],"version-history":[{"count":1,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/25298\/revisions"}],"predecessor-version":[{"id":25300,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/25298\/revisions\/25300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/25299"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=25298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=25298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=25298"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=25298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}