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It is better to rent because the lease involves signing a contract saying 'I am going to use this house for (insert time)' while the rent usually goes by month to month and you can leave out on the deal almost anytime.
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∙ 15y ago
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Lease rent paid during construction - capitalize or expense?
expenses
What are the advantages and disadvantages of renting a ground lease?
Ground rent is a complicated real estate concept that is almost never used in the US. The advantages of a ground rent lease are that a perpetual income is derived from a property, the disadvantages of the ground rent is that it can make a property very difficult to sell.
Is it better to rent a house or buy a house in this economy?
It depends on your location. In some places home prices are actually down right now, so if you can afford to buy then go for it. It's better to pay a mortgage towards something you'll own oneday than pay rent on a house that's not yours.
In real estate what is GLA?
Gross leasable area. A commercial real estate lease that the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance.
Is a lease estate a freehold estate?
No. A lease is a leasehold estate.
What kind of lease is generally required with a rent to own home?
You will need a long term lease that lasts about 5 yeras with a rent to own home.
What exactly does homes for lease mean?
Leasing a home is similar to renting a home. You will pay rent to the owner with a contract. However with a lease you are often required to rent the place for at least a certain amount of time. If you move out before then, you may be held liable for the remaining months of your lease.
What is the reward for land?
Rent or lease
What commercial lease is not commonly used Triple net lease Gross lease Net lease double gross lease double net lease?
Rent based on a percentage rent.
What should I know when renting my first home?
You should know how long you plan to rent and what your next move will be once the lease is up. You should also look for a monthly rent that you will be comfortable with for the term of your lease.
WHAT IS Gain to lease in apartment?
It means if an apartment rent is $500 and they rent you the apartment for $550, the apartments have a $50 gain to lease. If they rent it for $450, they have a $50 loss to lease.
If a roommate that signed the lease walks out who is legally responsible for the rent?
Anyone on the lease or that signed the lease is legally responsible for the rent, unless otherwise noted in the lease.
Can you get a home loan and rent the home to your child?
Of course! You'd want to write up a legal contract/lease first.
How much can your landlord raise the rent all at once to a new tenant?
It depends on your lease. If you don't have a lease, the rent can be raised at any time by any amount. If you do have a lease, check the lease. If their are limits raising the rent in the lease, then you can bring that to your landlord's attention. If they raise your rate more than what's in the lease, then you can sue them in order to get them to comply with the lease. If there are no limits identified in the lease, then the rent can be raised at any time by any amount.
Can you break your lease if you purchase a home?
No, purchasing a home is not sufficient reason to break your lease for a rented dwelling. However, you may want to talk to your landlord and see if he/she will release you from the remainder of your lease. Sometimes this involves paying all or a portion of the rent due from the remaining terms of the lease.
What is a contract thet lets you rent someone else's possessions?
lease
Where can download a legal lease agreement to rent a home by it's owner?
They have those at Rocket Lawyer. The website/link is "RocketLawyer.com/Lease-Agreements" . They will be able to help.
