Post by bipul52 on Feb 15, 2024 1:45:53 GMT -5
Economy and finance Real estate information The terms landlord and tenant are similar and can sometimes cause confusion when mentioned. They are two concepts that are used very frequently in the real estate field. At we have thought it interesting to make the concepts clear so that you can understand what position you are in when you are in a situation related to property and real estate. It should be noted that both terms, lessor and lessee, can refer to both a natural and legal person. Index of contents Who is the landlord? The landlord's obligations Who is the tenant? The tenant's obligations Who is the landlord? The lessor is the natural or legal person who owns the property. That is, you temporarily give something that belongs to another person in exchange for an agreed payment.
If the lease is a property, the landlord is the owner of the house and the tenant is the tenant, who pays the rent to enjoy the house. This is guaranteed through a lease or rental contract, where a series of rules are set out to guarantee the agreed conditions. The landlord's obligations The landlord Norway Email List has the right to ask the tenant for at least one month's rent as a guarantee (known as a deposit). The deposit, in the event that there is no damage to the property or delays in the agreed payment, must be returned to the tenant. In the contract, the landlord must agree with the tenant on the duration of the rental and the amount of money to be paid monthly for the rental of the property.
In addition, the duration of the rental must be specified and what penalty there will be agreed upon if these conditions are not met. The landlord must also clarify who assumes the community and IBI expenses. Who is the tenant? The lessee is the person who rents that property mentioned above. That is, he has the right to temporarily enjoy a certain product or in exchange for payment. To understand it, the landlord is the owner and the tenant is the tenant. The tenant's obligations The established conditions will be written in a contract signed by both parties. The tenant must comply with these obligations, otherwise he will be evicted from the property and the deposit will not be returned. Furthermore, if there is any damage to the property, the tenant will be responsible for the costs. The tenant must make the payment responsibly, respecting the established date.
If the lease is a property, the landlord is the owner of the house and the tenant is the tenant, who pays the rent to enjoy the house. This is guaranteed through a lease or rental contract, where a series of rules are set out to guarantee the agreed conditions. The landlord's obligations The landlord Norway Email List has the right to ask the tenant for at least one month's rent as a guarantee (known as a deposit). The deposit, in the event that there is no damage to the property or delays in the agreed payment, must be returned to the tenant. In the contract, the landlord must agree with the tenant on the duration of the rental and the amount of money to be paid monthly for the rental of the property.
In addition, the duration of the rental must be specified and what penalty there will be agreed upon if these conditions are not met. The landlord must also clarify who assumes the community and IBI expenses. Who is the tenant? The lessee is the person who rents that property mentioned above. That is, he has the right to temporarily enjoy a certain product or in exchange for payment. To understand it, the landlord is the owner and the tenant is the tenant. The tenant's obligations The established conditions will be written in a contract signed by both parties. The tenant must comply with these obligations, otherwise he will be evicted from the property and the deposit will not be returned. Furthermore, if there is any damage to the property, the tenant will be responsible for the costs. The tenant must make the payment responsibly, respecting the established date.