If you`re a homeowner renting out part of your property to a boarder in New Zealand, having a boarder agreement form is essential to protect both parties involved. This legal document outlines the terms and conditions of the rental agreement to ensure everyone is on the same page.
What is a boarder agreement form?
A boarder agreement form is a legal document that outlines the terms and conditions of a rental agreement between a homeowner and a boarder. This agreement form is important because it ensures that both parties are aware of their responsibilities and obligations during the rental period.
Why do you need a boarder agreement form?
Having a boarder agreement form in place protects both the homeowner and the boarder from potential disputes or misunderstandings that may arise during the rental period. This legal document clearly outlines important terms and conditions such as rent, payment due dates, house rules, and expectations for both parties.
What should be included in a boarder agreement form?
A boarder agreement form should include the following information:
1. Names and contact details of both parties involved in the rental agreement.
2. Address and description of the rented space.
3. Rent amount and payment due dates.
4. Details on the security deposit, including the amount and terms for refund.
5. House rules and expectations for the boarder, including any restrictions on guests and noise levels.
6. Duration of the rental agreement and details regarding termination or renewal.
7. Liability and insurance information for both parties.
8. Signatures and dates from both the homeowner and the boarder.
How to use a boarder agreement form?
A boarder agreement form should be signed by both parties involved and kept on file for the duration of the rental period. This form provides legal protection and peace of mind for both the homeowner and the boarder.
In conclusion, having a boarder agreement form is essential for homeowners who rent out part of their property to boarders in New Zealand. This legal document protects both parties from potential disputes and ensures that everyone is aware of their responsibilities and obligations during the rental period. Be sure to include all necessary information and have both parties sign and date the form to ensure its legality.