Why Is It Essential For Property Owners To Include All Relevant Factors In The Lease?

December 5, 2022

A lease agreement is a legal contract made between a rental property owner and a tenant before the start of the tenancy. Many state and local laws provide clear regulations about the clauses and disclosures that must be included in a rental lease agreement. The legal requirements can vary from location to location, however there are some essential clauses every rental owner must include in the rental agreement.


Below are a few important points every owner should include in the lease agreement:


  1. Rental Rate & Liability: This clause states the rate of rent and the responsibility of the tenant to pay rent before the due date. It also refers to any penalty that will be levied upon the tenant in case of missing rent payment. It is important to include this clause in the lease agreement to establish an understanding between the rental owner and tenant.
  2. Property Access: This clause includes the conditions under which a rental property owner can visit the property at reasonable hours. Some reasons for which the rental property owner can visit the property include property inspection, repairs, maintenance and to ensure lease compliance. This clause helps the rental property owner to visit the property within legal boundaries & avoid any conflict.
  3. Use of Property: The allowed use of the rental property is defined by this clause. It includes details such as the number of allowed residents, whether pets are allowed or not and if the property is for residential use only. It also outlines the areas of the property that are part of the lease agreement. The rental property owners need to include this clause in the lease agreement to ensure the safe use & proper upkeep of the property.
  4. Sublet Clause: It states if the tenant is allowed to sublet the rental property, or not. It is essential to include this clause in the lease agreement to prevent unauthorized occupancy of the rental property.
  5. Property Maintenance: When it comes to rental property maintenance, this clause helps in laying out the responsibilities of the tenant & the rental property owner. Stating this clause in the lease agreement is important to avoid repairs related conflict and ensuring the property’s upkeep.
  6. Security Deposit: This clause states the amount of security deposit a tenant needs to make and the conditions under which the security deposit can be forfeited.


For more information on how to draft and administer a lease agreement and to avail residential property management services in Fort Hood, Killeen, Harker Heights, Copperas Cove, and Belton, visit Hunter Rentals & Sales at 1503 W Stan Schlueter Loop, Killeen, TX – 76549. You can also reach us at (254) 634-3311.

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