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Master
Your Landlord Tennant
Law
Today by Learning These Important Terms
Mastering
your landlord tennant law can be a walk in the park once you understand
the common and important terms. Take your first step today by learning
these highly useful words with this plain English guide.
You will see some of words below displayed in a link. This
means that we actually have a complete guide on that topic so feel free
to click on the link if you want to find out more.
Since
landlord tenant laws do vary in different areas, it's highly
recommended that you speak to a local real estate lawyer whenever you
have
any issues or problems. If you have
any questions, Click
here to ask a real estate lawyer online.
Eviction
-
To legally remove problem tenants who don't pay their rent or play nice
according to the terms and rules of your rental agreement, you will
have to file an
eviction lawsuit. As tenant eviction tends to be a lengthy and costly
process,
we only recommend it as a last resort.
Fixed Term Tenancy
- A common type of rental agreement where there is a cleared stated
starting and ending date. This type of tenancy tends to give you more
stable rental income but it is more restrictive as well.
Landlord
- Also known as a rentor or lessor
Landlord's Rights
- Legal rights that are granted to a landlord by the local landlord
tennant law. The rights of a landlord can also be seen as the duties
and responsibilities of the tenant.
Notice to Quit
- This written note serves 2 important purposes. In most countries you
are required to hand your tenant a notice to quit which serves as a
warning letter before you are allowed to evict them. You can also make
use of a notice to quit to end a periodic lease or tenancy at will.
Occupant
- People with legal rights to stay on your rental
property as stated in the rental agreement. Unlike a tenant, they are
usually not responsible for paying the rent. Common examples of
occupants include your
tenant's children and elderly parents.
Periodic Tenancy
- Another highly popular type of rental agreement where your lease is
renewed every week, month or year depending on whether you have a week
to week, month to month or year to year tenancy. A periodic tenancy can
be ended by giving your tenant a written notice to quit in advance.
Resident
Landlord - A landlord who lives with his tenant either in
the same rental home or in the same multi-unit rental building. A
resident landlord tends to enjoy more rights as compared to a normal
landlord.
Squatter
- When someone lives on your rental property illegally without your
permission, he is a squatter. This usually happens when a tenant allows
their friends or family to stay on the rental property without
informing his landlord.
Surrender of Tenancy
- If both the landlord and tenant agree to end their lease mutually, it
is known as a surrender of tenancy. You can either have an express
surrender where you end the tenancy in writing or an implied surrender
where your tenant can simply move away and you can start finding new
tenants to show that the lease has ended.
Subtenant
- If your tenant re-rents your rental property to someone else, that
person will become your subtenant.
Tenancy at Will
- This is a more casual type of lease where there are no written rental
agreement signed between the landlord and tenant. The terms and
conditions of the lease will generally follow the area's landlord
tennant law.
Tenant
- Also known as a rentee or lessee
Tenant's
Rights - Legal rights that are granted to a
tenant by the landlord
tennant law. The rights of your tenants can also be seen your duties
and responsibilities as a landlord.
Term
- The time period for the tenancy as stated in the written rental
agreement.
Visitor
- When your tenant's friend or family member pays him a visit or stay
overnight at your rental property, he is known as a visitor. Tenants
have the rights to invite visitors to your rental property as long as
they do not stay for too long.
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Abandoned Property - Possessions belonging to the tenant that are left behind ...
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