Lead Based Paint – a federal law that requires all owners of real estate built before 1978 to disclose to their tenants, as there is probably lead paint inside the walls, which is dangerous and has been used during this period. As this is a complicated situation, you can contact a qualified lawyer in your jurisdiction, especially if large sums of money are involved. You should notify your landlord immediately of the situation so that it is not possible to later say that the owner suffered losses because he did not know that you were not going to move in. You can also contact your local housing council or your government authority, which oversees landlord/tenant litigation, to find out the extent of your liability, which may or may not be limited by law. Rental application – Used by the landlord to verify the applicant`s employment, background and financial information. The lessor can deduct from the security deposit if the tenancy agreement ends and the tenant owes the landlord money for unpaid rent or damage to the premises. As a general rule, the owner cannot deduce an appropriate “wear” on the site (i.e. wear that results only from habitation in the premises). The owner can deduct for stains on carpets or countertops, large holes in the wall, and missing appliances and other things that are beyond reasonable wear. In some jurisdictions, a status report is also required at the time of the extract, as the landlord can assert a right against the tenant`s surety/obligation. The expiry of the lease does not necessarily end the lease. If a “periodic” term is chosen, the lease is automatically renewed on the same terms as the first lease, unless it is amended by a formal termination, in accordance with the law.
A one-year “periodic monthly lease” is therefore in fact 12 separate leases, automatically renewed. The lease is automatically renewed until one of the parties wishes to terminate the lease (by a correct termination, as required by law).