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I want to rent an apartment from a condominium owner. .

1 Answers. Asked on Aug 17th, 2014 on Contracts - Maryland
More details to this question:
Why should I agree to pay $100 for each repair? I am renting to avoid any extra monthly cost. Shouldn't the condo owner have 100% responsibility to make reasonable repairs? What if the plumbing fails or the stove stops working? What if there is serious electrical issue through no fact of my own? Would that not be the responsibility of the owner?
Answers Showing 1 out of 1
Answered on Aug 18th, 2014 at 12:56 PM

For the most part, you and the owner can agree on whatever you want, whether the agreed terms are fair or not.  If you don't want to pay for repairs, don't sign a lease until the owner changes that provision.  If the owner refuses, rent a different place.

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Contracts
Most people and business enter into contracts on almost a daily basis. Simply put, a contract is a legally binding agreement between two parties. One party makes an offer to do something in exchange for "consideration," or payment, and the other party accepts that offer. Contacts can be verbal, in writing or even implied. Some contracts--such as signed credit card receipts--are very simple. Others--such as those used to buy or sell real estate--are far more complicated. If you are entering into a complex transaction, it pays to hire a contract law attorney as early as possible in the process. Your lawyer can help negotiate the terms and conditions of the agreement, then draft the contract or review the contract that has been presented to you. Law firms with experience in contract law can also defend you if you or your company has been accused of breaching a contract, or if you need assistance enforcing a existing contract.
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