A lease must be signed by the landlord (or a proxy) and the lessee. If it is managed by a company, it would say so on the lease. You would know this.
How much can a landlord raise the rent? There is no rent control in Virginia. Therefore, there is no limit on rent increases a landlord can impose, but they must give a 30-day written notice of the increase.
Fairfax County: In Fairfax County, landlords are not typically required to obtain a business license for a single rental property. However, if the rental property is part of a larger rental business with multiple units, a business license might be required.
Review § 55.1-1204 of the Virginia Residential Landlord Tenant Act (VRLTA) for more details. Landlords are required to provide tenants with a copy of the written lease agreement along with the Virginia Statement of Tenant Rights and Responsibilities, which must be signed by both the tenant and landlord.
If the landlord does not sign and deliver a written rental agreement signed and delivered to him by the tenant, acceptance of rent without reservation by the landlord gives the rental agreement the same effect as if it had been signed and delivered by the landlord.
A written notice can be shared and signed either in person or online. If the lease agreement is being signed in person, the property owner or their representative (ex. property management company) can walk them through the terms and answer any questions they may have.
Tenant Provides First Signature It's best practice to have the tenant sign the lease agreement first for a few reasons. If you provide a lease with your signature and the tenant does not sign the document right away, then it makes it harder to move on to another tenant.
An experienced attorney who has a detailed understanding of real estate law will help to ensure that the landlord's assets are protected to the full extent of the law and ensure that they have full recourse if the tenant is found to renege on their side of the contract by not paying rent on time or conducting illegal ...
There are two common property management licenses that landlords will need before they can legally rent a property: Certificate of Occupancy – Local building or zoning regulatory authorities issue Certificates of Occupancy stating that a property is built and maintained to accommodate occupants.
Here's a list of standard fields that you should include in your lease agreement: Tenant information. Include each tenant's full name and contact information. Rental property description. Security deposit. Monthly rent amount. Utilities. Lease term. Policies. Late fees.