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Rental Agreements

rental agreements

A Rental Agreement is a legal document between two parties with one the Renter and the other the Owner or the property manager of the real property (or rental unit), real estate or any other property of value.

The Owner would transfer possession but not ownership to the renter through the Rental Agreement to use the property, real estate or any other property for a specific period of time for a specified monthly fee or charge which is referred to as the Rental.

The Owner could include and insist that the Renter insures the property against damages and loss to protect the property so that the Owner does not have to bear any financial loss if the property is damaged or lost.

What the insurance would cover could be mutually agreed upon by the Owner and the Renter at the time the real estate or any other property is handed over to the Renter.

If anything unforeseen happens and the insurance company makes a payment, it is imperative that it is made to the Owner of the property and nobody else.

Any clause could be mutually agreed and included in the Rental Agreement but it would also need to incorporate certain statutory clauses that would be relevant in Utah and cannot be breached by either party which advice would be from the attorney who would draw up the contract. Some contracts are notarized and some are not. At the end of the Rental Agreement the Renter must return the keys, real estate or any other property back to the owner in the same or similar condition that they took the property in.

Sometimes there is wear and tear to the property which could depreciate in value with use whilst others could appreciate in value over time, whatever of the two it is the prerogative of the Owner to ensure that he encompasses these concerns in the Rental Agreement that would be signed at the beginning. In other words, if you damage the property you can be legally responsible for paying for the repairs to the property.

The Rental Agreement should ensure that the ownership rights of the Owner are safeguarded whilst the statutory rights of the Renter some guaranteed under promulgated laws in Utah is also safeguarded.
If the Renter defaults in the monthly payments or misuses the property, real estate or any other property that he has rented the Owner could demand repossession of the property through his attorney failing which he would need to take appropriate legal action.

The Owner cannot forcibly take possession of the property without a court order. The Owner can obtain a court order to evict the tenant or Renter very quickly for non-payment of rent.

At Ascent Law, we help people draft rental agreements and we also help landlords and owners evict non-payment or tenants who violate their leases or rental agreements.

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Michael R. Anderson, JD

Ascent Law LLC
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States

Telephone: (801) 676-5506

Ascent Law LLC

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About the Author

People who want a lot of Bull go to a Butcher. People who want results navigating a complex legal field go to a Lawyer that they can trust. That’s where I come in. I am Michael Anderson, an Attorney in the Salt Lake area focusing on the needs of the Average Joe wanting a better life for him and his family. I’m the Lawyer you can trust. I grew up in Utah and love it here. I am a Father to three, a Husband to one, and an Entrepreneur. I understand the feelings of joy each of those roles bring, and I understand the feeling of disappointment, fear, and regret when things go wrong. I attended the University of Utah where I received a B.A. degree in 2010 and a J.D. in 2014. I have focused my practice in Wills, Trusts, Real Estate, and Business Law. I love the thrill of helping clients secure their future, leaving a real legacy to their children. Unfortunately when problems arise with families. I also practice Family Law, with a focus on keeping relationships between the soon to be Ex’s civil for the benefit of their children and allowing both to walk away quickly with their heads held high. Before you worry too much about losing everything that you have worked for, before you permit yourself to be bullied by your soon to be ex, before you shed one more tear in silence, call me. I’m the Lawyer you can trust.