Final answer:
Legal terms in lease agreements can be simplified for better understanding. Termination of a lease requires a 30-day notice and the property must be vacated, while possession of the apartment is dependent on prior tenant's vacancy and property condition. The impact of price ceilings on housing shows that lower rent can also lead to lower quality of housing due to less investment by landlords.
Step-by-step explanation:
In compliance with the Plain Writing Act of 2010, let's look at how we can rewrite a dense and complicated section of a residential lease agreement to make it clearer for the average person looking to rent an apartment. Considering critical rhetoric and intellectual growth, this new version of the agreement section should be easy to understand, avoiding unnecessary stress for tenants.
Termination of Lease: This lease automatically renews each month after the original lease period ends. However, either the tenant or landlord can end it by giving a 30-day written notice. If local laws require a specific reason for ending the lease (just cause), the reason must be included in the notice. The apartment must be emptied of all the tenant's items, and the keys and any other provided items must be returned to the landlord on or before the last day of the lease. If the tenant leaves possessions behind or stays in the apartment after the lease end date, they will need to pay extra rent and might be responsible for any losses the landlord suffers, such as missing out on new renters.
Possession of Property: If, for any reason, the landlord can't give the tenant the keys to the apartment on the day the lease starts (because the previous tenant didn't move out, the property was damaged, etc.), then either one can decide to cancel the lease with a written notice. Nobody is to blame, and any money that was paid in advance will be given back in full. If both agree not to cancel, the lease will begin on the day the tenant actually moves in, and the cost will be adjusted accordingly.
Setting a maximum price for rent doesn't always help tenants at the expense of landlords. Some tenants may lose their homes if landlords decide to sell the apartments they are living in. Landlords may also not maintain the building as well if they are not making as much money from it. This means that even though some tenants might pay less for their housing, it might not be as nice or well-kept because the landlord is spending less on it. Remember, getting something for a lower price often means there is a trade-off, like quality.