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Is a rental Lease void if the owner files a Bankruptcy 7 and does not reaffirm the property?
Wiki User
∙ 13y ago
Leases are not reaffirmed like secured property is. Leases are either assumed or not assumed, and there is a difference. There is no way to answer your question without knowing more specific facts about what is happening in the chapter 7 bankruptcy proceedings.
Wiki User
∙ 13y ago
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While in bankruptcy can you lease your property?
Yes
What does tenant?
A tenant is someone living on a property. They are usually a party to a lease or rental agreement.
Is there a good place to find out about how to lease rental property?
There is a good place to find out about leasing rental properties. You can go to www.thelpa.com and www.leasemls.com/ to find out about leasing rental properties.
What does rent for lease mean?
When a tenant signs a lease for a rental property it is for a finite term such as 6 months or a year. Under this lease agreement the tenant agrees to pay the property owner monthly rental payments as agreed to.
Sample Rental Lease Agreement?
Sample rental agreements are useful when a establishing base requirement to a customer for a rental property.Understanding a basic rental lease agreementA rental lease agreement is used to lay down the conditions of a rental or leased property. Both the owner and resident are obligated to fulfill this agreement. Rental lease agreements lay out obligations prior to occupying a rented premises, rules to follow when occupying the premises and any obligations after the property is vacated.State and local jurisdictions may have specific renting laws. When writing an agreement, people should familiarize themselves with the laws of the community where the rental is located. Basic rental obligationsA sample rent agreement details the duration of the lease, the amount of compensation to be paid for rental, how often the rent is due on the property, any applicable fees for parking, security deposits, late fee penalties, utility requirements and fees for additional occupants not listed on the rental agreement. More complex rental demands are easily amended onto simple lease agreements.Lease agreement regulationsFor renters and owners alike, it is important to note that if the owner lives in a community different from the location of the property, local rental laws are potentially different in each location. In instances such as this, the sample lease agreement must follow the laws where the rental property is actually located, rather than where the owner resides or has an office.Rental lease resourcesSample rental lease agreements are found locally by visiting a local attorney. These types of contracts are in high demand and most attorneys will have a stock of such agreements on hand. Online resources lilke Mrlandlord.com, offer a variety of state-specific and basic rental lease agreements for download.Sample rental lease agreements are easy to understand, but rental laws often vary by city or state. For potential renters seeking to lease property, a number of resources are available for sample leases from local attorneys or online.
What is antonym of property?
Possibly rental, rented, rent, lease, leased, leasing, borrowed, not yours someone else's, NOT YOUR OWN PROPERTY.
Are you responsible for any end of lease payments at the end of a lease during which you filed for bankruptcy since no money can be demanded from you?
If the matter in question was included in the bankruptcy discharge, you may not have to pay it. If it was left out, or the property owner was allowed to opt out of the bankruptcy discharge the debt is collectable.
What does a rental lease consist of?
A rental lease is a legally binding contract which lists all of the responsibilites of the landlord to the tenant and vice versa. Generally, a lease will state the address being rented, amount of time to give proper notice of vacating the premises, names of individuals living in the property, responsibilities of each party, etc. Please note that each state has different landlord-tenant laws and each rental property may have a different lease.
If you are in a lease and the owner sells the house can the new owner make you move?
Yes, but only if the lease permits it or when the lease expires. There is a presumption that a purchaser of rental property will know the terms and conditions of every lease for current tenants.
If you have filed bankruptcy and you break your lease do you still have to pay?
You should have told the court and the trustee in the chapter 7 documents what your intentions were with respect to the lease. If you were terminating the lease, you must return the leased property to the creditor.
Where can I find a property for lease in Cleveland?
You can search several online sites to find a rental property including www.rentals.com/Ohio/Cleveland/, www.rentals.com/ and realestate.cleveland.com/.
Who pays for a lease - landlord or tenant?
If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.If there are any costs associated with drafting and signing the lease the landlord should pay. That would be part of the costs of having rental property.
