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All jurisdictions that I am aware of, have ordnances and statutes governing this activity, including Health Department regulations and zoning and property usage. The property owner would have to make sure they are in compliance with all these items before proceeding.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoThat depends on where you live. In Az. the lease states that if any guest stays for over 5 days, he must add his/her name to the lease. Then it is up the landlord to either raise the rent or leave it the same. If YOU rent the room out, that is subletting and there is usually a clause in your lease forbidding it.
Wiki User
∙ 11y agoThe simplest answer is 'yes' but generally, it depends.
Owners very often hire a property manager.
They are the one who rents out the house.
They don't own it but they are the authorized agent.
Another case is where you have a lease but you are allowed to sub-lease.
If you don't have any of these authorizations from the owner, then it's looking like you can't rent it out.
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How do you go about owning the house you live in without buying it if you haven't paid rent since you moved in?
The only way to "own" a house is to purchase it from the legal owner.
How do you rent out your own house?
You can rent out a room or part of the house, or you can rent the entire house. Either way you can run an ad or listing with a real estate or rental management office.
How does a rent to own for a house work?
It's pretty risky. When you move into a rent-to-own house, you generally pay an "option fee" of 1-2% of the house price. Then, if you rent the house for the term, you get the option to own it. Be aware, however that if you leave the house or violate the lease, you lose your option fee and the time invested, leaving you with no equity.
Do you rent a house or you own it?
I currently rent a house in Edmonds, WA. It fits my financial situation and is a lovely place to live.
What is the term for ground rent lease?
Ground rent lease means you own the house but someone else owns the actual property that the house sits on; therefore, you must pay the owner rent on that land. If you don't own the ground rent, you can purchase it.
What legal issues should a person consider before buying a owner financed house for rent to own?
Before buying an owner financed rent to own home be sure to have the contract checked out by an attorney. It is necessary to know what might violate the contract prior to signing.
If someone is in a rent to own agreement and files bankruptcy will i lose my house?
You will not lose your house unless there is a large amount of equity in it. You will need to reaffirm your rent to own agreement, however.
Can you rent a car or house under the rent for lease option?
In the case of a car, yes you can. Most car lots will allow you to rent to own a vehicle. In the case of a house, it depends on where you live. Most places do not offer a rent-to-own option. You either rent, or you own. However, things may be different in your area. Talk to a real estate agent.
In the state of Texas what is the legal age to rent an apartment?
When you rent an apartment you have to sign a contract whatever is the legal age to sign a contract is what you are looking for
Is it legal for someone to rent to own a house without going through a lawyer?
There is no requirement to go through a lawyer. But it would be wise to do so to make sure that things are properly done.
Is it legal to own a monkey in New Hampshire?
no it is not legal that is why you dont see them in zoos in NH
What age is a parent no longer financially responsible for her child in Colorado?
18. Thats when the child is a legal adult and can make their own decisions finacnially and can buy/rent a house or apartment at 18 as well.
