Verbal Agreement between Tenant and Landlord

When it comes to renting a property, it is crucial to have a clear understanding of the terms and conditions of the lease agreement. Most landlords require tenants to sign a written lease agreement, which outlines the rights and responsibilities of both parties. However, in some cases, a verbal agreement may be made between the tenant and landlord. In this article, we will look at what a verbal agreement between tenant and landlord means and the pros and cons of such an agreement.

What is a verbal agreement between tenant and landlord?

A verbal agreement between a tenant and landlord is an agreement that is made orally rather than in writing. It is an agreement in which the landlord agrees to rent a property to the tenant, and the tenant agrees to pay rent and follow the rules outlined by the landlord.

For instance, a landlord may verbally agree to rent a property to a tenant for a specific duration, e.g., three months, six months, or a year. In return, the tenant agrees to pay rent, maintain the property, and not sublet the property without the landlord`s consent.

Pros of a verbal agreement between tenant and landlord

Flexibility: One advantage of a verbal agreement is that it may be more flexible, making it easier for both parties to make changes to the agreement as circumstances arise.

Simplicity: A verbal agreement may be simpler and less formal than a written lease agreement. Thus, it may be quicker and easier to establish a verbal agreement between a tenant and landlord.

Cons of a verbal agreement between tenant and landlord

Ambiguity: A significant disadvantage of verbal agreements is that they may be ambiguous, and if any dispute arises, it may be challenging to prove what was agreed upon. This may result in unnecessary legal complications and conflicts that can be costly for both parties.

Risk: A verbal agreement is a high-risk proposition. It gives the landlord and tenant little to no legal protection since there is no written agreement to fall back on in case of a dispute.

Communication breakdown: Since the verbal agreement is not legally binding, it may lead to misunderstandings and communication breakdowns. This may cause confusion and conflict between the tenant and landlord, leading to disputes and disagreements.

Conclusion

Although a verbal agreement between a tenant and landlord may be simpler and more flexible, it is not advisable. A written lease agreement is always preferable since it is a legally binding contract that protects both parties` interests. It is crucial to ensure that all terms and conditions are clearly outlined in the lease agreement, and both parties understand and agree to them. Therefore, if you are a landlord or a tenant, consider getting a written lease agreement before renting a property.