Easily Replace Alternative Choice to the House Lease Agreement

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How to Replace Alternative Choice to the House Lease Agreement

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[Music] hello again everyone Im attorney Robert fleshes before you enter into a residential lease agreement as a tenant or if youre a landlord drafting a rental agreement to give to a tenant you really need to watch this video Im going to tell you about seven possible provisions that could be included in the lease that could be illegal rendering the entire lease void which means the lease isnt enforceable and if you find this video helpful please consider subscribing to my channel remember that every state has different landlord tenant laws but the seven contract terms that Im going to discuss in this video are probably illegal in most states the illegal terms that Im discussing do not impose criminal liability on the landlord first lets talk about the form of the lease many landlords download boilerplate leases from the internet in order to avoid paying attorney to prepare a valid and effective residential lease or to pay for a state-approved lease containing enforceable terms

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is a replacement tenancy agreement?

When a Tenancy Agreement has been signed, the Outgoing Tenant will remain liable for their rent and utility bills until a Replacement Tenant signs to legally take over in the tenancy. It is the responsibility of all Tenants to source a replacement and all remaining tenants must be happy with the new Tenant.

What is a deposit replacement option?

Deposit replacement options are simply an alternative to the traditional deposit. They remove the need for the tenant to pay the upfront cost of the first weeks rent and rental deposit by replacing this with a more manageable monthly subscription fee.

What can I lose my deposit for?

What can a landlord keep from your deposit? Unpaid rent and bills. Cleaning, gardening or decorating. Damage and missing items. Breaking your tenancy agreement.

Who pays for the deposit replacement scheme?

What are deposit replacement schemes? In essence they are insurance policies which protect the landlord if a tenant does not pay all the rent that was due or for damages that occur. Basically, the tenant pays an agency a non-refundable fee, typically 1 weeks rent either as a lump sum or in monthly instalments.

What is a deposit replacement?

Deposit replacements come in a variety of models; however, the common theme is that they replace the tenants need to provide a one-off lump sum deposit with a deposit replacement product, whereby the tenant pays by a non-refundable fee.

Can a leasehold agreement be changed?

If you are a leaseholder, you cannot change the lease terms without agreeing such change with your landlord. The reason for this is that as the lease is a contract between two parties, the leaseholder and the landlord, both parties must agree to change (referred to also as variation) of the terms of the lease.

Can you change the garden on a leasehold property?

The lease should include details of any restrictive covenants regulating the use of the flat and garden. Most residential leases require prior written consent of the landlord for alterations and additions. Even though you own a share of the freehold, formal written consent of the landlord is still needed.

How much does it cost to amend a lease?

The cost for a licensed solicitor to Amend a Lease is dependent on many factors including the complexity and specific requirements of the case. On average it is expected to range from 400-600 but in some cases it could cost as much as 1,000.

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