Tag Archive for renting real estate

The Advantages Of Renting

During the course of history the development of different ways to get services and resources has enabled the invention of procedures as common as renting, which has greatly contributed to promote people who certainly do not have the resources to obtain an object or asset, or simply people who want to recruit, to call it a way, a service for a specified time. The renting or leasing is a contract where two parties (landlord and tenant) are placed in line to give the tenant the option of enjoying a good material for a certain time, in return for providing the landlord a certain amount of money. It is worth mentioning that the payment of real estate can be done completely in a single payment, or simply cancel the debt in installments can be determined periodically. An important point to note is the nature of the contract, which must be done with all of the law, because accessing a lease acquired a lot of commitments are not met fully the tenant above you can see some fines contained therein, become effective only if the contract is legal. Among the commitments made to find some as renting: Return in good condition the property rented. Pay dues dutifully previously stipulated. Make any necessary repairs of damage caused. The rent payment must be made on an agreed upon location.

The cost of repairs and damages are entirely by his tenant. You can only use the material well in advance for the purposes specified in the contract. In case of breach of any clause, the tenant must pay the fine stipulated in the contract beforehand. Although there are many more commitments to the renting these are what we hold most important. Today, thanks to the many elements that are leased, the leasing began to specialize in various applications, among the most common found some like: Renting of services: this is based lending services by the lessor, where the tenant must repay these services economically.

Termination of this contract is made for breach of one of the two parties or by death. Renting of things: this is based on offering the tenant the enjoyment of property or building material for a fixed period stipulated in the contract, if this helps this rental service by paying an amount determined periodically. Renting of construction or construction: In this contract the lessee to the lessor to build a material in a given time, where, when the job is the price falls this time by the value of well constructed. In conclusion, the creation of renting has greatly benefited the people, because through this the option of obtaining property or buildings for a specified time has been clearly favored. Not to mention that in turn this activity is the cornerstone of an activity without much more specific as the (leasing) among others.