Landlord and tenants should be aware of tenant law because it will ensure that the agreement that is in place between them is drafted according to the law. Though it is possible to have an oral rental agreement, it is not bound by law and hence a written rental agreement is required. A clearly written rental agreement in proper format will always be secure for the landlord, especially in the event of a dispute. It is important to take notice of how the landlord tenant law defines the outline of a rental agreement, raising rental amount, non-compliance of rental raise, eviction and so on.
Landlord tenant act lays down the rules for tenant with regard to rent payment, property maintenance and ending tenancy. It is to be noted that landlord tenant law does not just uphold the rights of the landlord, but also that of the tenant. For example, the law states that the tenant has a right to privacy and that the landlord cannot access property for without giving an hour’s notice. Once the property is occupied, the law lays down conditions for access to property by the landlord.
The purpose of the landlord tenant act is to ensure that there is a smooth relationship between the landlord and the tenant during the period of tenancy. It is not uncommon to note problems such as tenants not paying tenant on time or landlords charging a high rent and so on. The landlord tenant act seeks to address such issues and lays down legal procedure for both parties in the event of disputes. Being aware of the act enables the landlord to carry out their activities according to legal rules and this helps them to avoid conflicts. It also makes them aware on how to take legal action in the event of a dispute.