Tenant And Landlord Obligations

​These obligations and agreements are your saving grace in knowing where your proper interaction in leasing or renting a place is. There are variations to this set of obligations depending on where you are situated. 

Here is a brief overview of how tenant and landlord obligations or responsibilities go about.

A Landlord’s Duties or Obligations
Your landlord is in charge of the following:

• Maintaining The Property
• Responsible Person For Liabilities
• Receiving Security Deposit

Maintaining The Property
The priority of every landlord is keeping the safety, orderliness, and maintenance of the property and its surroundings. The landlord must supervise electrical, water, and even furniture repairs.

Point Person For Liabilities
Your landlord is the rightful representative of the property when there are incidents or accidents. Proper handling of queries, taking on concerns, finances, and legal matters are all done with the landlord in charge.

Receiving Security Deposit
When a tenant or possible renter takes on the property, the landlord is the direct person to accept the security deposit. Your landlord may safely keep it via the bank or give it to the owner.

A Tenant’s Duties or Obligations
Not only does a landlord have obligations, but also the tenant. Here are what you are in charge of in this partnership:

• Make Payments On-Time
• Keeping The Rented Place Clean and Orderly
• Must Ensure No Illegal Activities Are Done

Make Payments On-Time
You must always make payments on time or depending on the contract’s terms. This is important as the funds here may also be used for maintenance or repairs beneficial for you.

Keeping The Rented Place Clean and Orderly
As a tenant, your space rented may need to be clean and maintained in line with the contract terms. Your landlord has the right to fine you if violations are present.

Must Ensure No Illegal Activities Are Done 
You must be aware that in whatever circumstance, illegal activities are not welcomed on any property. You should maintain distance from anything illegal that may be housed in your rental place. 

Conclusion
It is important to keep a harmonious relationship between tenant and landlord. One way you can achieve this is by knowing what your obligations are and acknowledging them.

Some rules and regulations are being followed that must be observed as it can impose sanctions and other legalities if not. All these obligations are for the protection and betterment of both parties.

At Arnold Insurance Agency, LLC, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at  (318) 965-5953. Get your free quote today by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!