This Rent Agreement template is the short version of the entire legal document that contains 8 pages. It is an MS Word file type that is a part of the legal agreements. It is basically a legal contract that is made b/w two parties, i.e., the property’s landlord and the tenant who is interested in living over there.
It is an important legal document that comprises all the terms and conditions, clauses, and vital information that come with letting out a property on a rental basis.
Before preparing a rent agreement, the tenant and the owner should take care of the significant points showcased below- 1. The owner should proceed with the property evaluation in order to make sure that he is likely to get the right value for the property. 2. He must get the prospective tenant registered in order to assure that the safety factor is associated with the property. 3. The tenant must calculate the right area of the concerned property. 4. Verification of legal as well as postal address of the concerned property will take place.
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