Landlord Lease Rights

Landlord Lease Rights thumbnail
When a landlord turns over the keys to a tenant, she keeps several important rights.

Each state grants landlords specific rights over their property while it is leased to another. These rights vary, but usually include the right to charge a security deposit, to collect rent on time, and even the right to enter the property under certain circumstances.

  1. Lease

    • A lease is a binding agreement between tenant and landlord. Neither landlord nor tenant may change the terms of a lease while it is in effect, except by mutual consent.

    Rent

    • A landlord has the right to collect rent on time and to charge a late fee for rent that is past due, if this is provided for in the lease.

    Security Deposits

    • Landlords have a right to collect a security deposit from a tenant that can be used to pay for tenant damage to the home (above normal wear and tear) as well as for unpaid rent. Landlords usually have the right to hold the deposit for a period of time after the tenant moves so as to be able to inspect and assess the cost of any damages.

    Right of Entry

    • Landlords have limited right of entry into a tenant's home. Typically landlords can enter the premises to make an inspection or to make repairs. In some states, the landlord must give advance notice to the tenant before entering the dwelling.

    Lease Renewal

    • With a few exceptions, landlords have the right to refuse to renew a lease when it expires. Rent control laws may restrict this right and only permit landlords to refuse to renew a lease for one of several specific reasons.

Related Searches:

References

  • Photo Credit chiave image by Walter71 from Fotolia.com

Comments

You May Also Like

Related Ads

Featured