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Before You Sign a Rent Agreement: Terms That Matter

22 July 20264 min read
Brass keys resting on a sealed property document

A rent agreement is usually signed in a hurry, often on a template that neither party has read. The disputes that follow almost always trace back to a handful of clauses that were left vague or copied without thought.

Term, lock-in and notice

State the term clearly and decide whether either side is bound by a lock-in period. Specify the notice period for termination and what happens to the deposit if notice is short. An agreement of eleven months is common, but a longer term generally attracts a requirement of registration.

Deposit, maintenance and repairs

Record the deposit amount, the conditions for deduction and the timeline for refund. Distinguish routine maintenance from structural repairs and say who pays for each. List fixtures and fittings in an annexure with their condition at handover.

Finally, register the document where the law requires it and keep a signed original with each party. An unregistered agreement that should have been registered is a weak document when you need it most.

This note is general information on the law and practice as understood at the time of writing. It is not advice on any specific matter. Please speak to the firm before acting on it.

Consultation

Discuss your matter with the firm

Call, message on WhatsApp or write in. Share the papers you already have and you will get a clear view of what is required, what it will take and by when.

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