By Joseph P. Diblasi, Mark Warda, J. Diblasi
Discusses the necessity for safety deposits Explains landlord rights and tasks Covers information about subleases Clarifies eviction tactics
Read Online or Download The Landlord's Legal Guide in Massachusetts (Legal Survival Guides) PDF
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Extra resources for The Landlord's Legal Guide in Massachusetts (Legal Survival Guides)
However, if you present your tenant with a written agreement to govern the tenancy, it is likely that the tenant will read and sign it without disputing its terms. Landlord Tip #4: If you decide on a tenancy-at-will, put your agreement in writing, include terms that are favorable to you, and tailor them for each situation. Your attorney will be able to draft such an agreement. LEASES In contrast to the tenancy-at-will, a lease is a formal agreement between the parties that must be in writing. Generally speaking, a lease is for a specific set period, usually for one year.
As stated before, the deposit for the last month’s rent must be calculated at the same rate as the initial rent. The law does not require the same amount of requirements for the last month’s rent as it does for the security deposit. the date it is received; 3. its intended application as rent for the last month of the tenancy; 4. a description of the rented premises; 41 the landlord’s legal guide in massachusetts 6. a statement indicating that the tenant is entitled to interest on the deposit at the rate of five per cent per year; and, 7.
THE STATEMENT OF PRESENT CONDITION 36 Since returning the security deposit to your tenant is partially based upon the condition of the unit when he or she vacates, the landlord must be able to document the condition of the unit at the beginning of the tenancy. Therefore, the law requires landlords to deliver a STATEMENT OF CONDITION to the tenant at the commencement of the tenancy or upon receipt of the security deposit—whichever is later. ) The STATEMENT OF CONDITION must contain a complete listing of any damage existing on the premises, including any violations handling deposits of sanitary, building, or housing codes.