Lease agreements can feel overwhelming — full of legal terms, fine print, and obligations you’re expected to follow. But you don’t need to be a lawyer to understand your rights. Here’s how to break down a residential or commercial lease so you know exactly what you’re signing.
Look for the parties involved (landlord and tenant), the lease start and end dates, and the property address. Make sure everything is accurate. Even a small error — like a misspelled name — can cause issues down the road.
How much is rent? When is it due? What’s the grace period for late payments? Are there penalties or fees? Knowing the exact payment structure helps avoid costly surprises and disputes.
Who’s responsible for fixing what? Leases should clearly state whether the landlord or tenant handles maintenance issues like plumbing, pest control, or HVAC. This is especially important in commercial leases.
Many leases include restrictions on subleasing, smoking, pets, or business use. Understand what you’re allowed to do in the space — and what could result in fines or eviction. Some leases even include HOA rules you’re expected to follow.
Some leases renew automatically unless you provide notice — sometimes 30 or 60 days in advance. Also look for early termination fees or penalties that might apply if you leave before the term ends.
Always get a signed copy of the lease. If anything changes (like a rent increase), request it in writing. Keeping accurate records protects you if a dispute ever arises.
Arkstone Firm helps renters and business owners understand lease agreements with clarity and confidence. Whether you're signing a new lease or questioning the terms of an old one, we’re here to help you protect your rights — no legal jargon, just straight answers.