Well according to fuedal law, they are required to become indentured servents until the payment equal to 3 years rent is payed. The payment of said servents is 1.14 time the ammount of your state minimum wage laws.
You need to review your contract to determine if you can end the agreement.
While renting your property, you need to ensure that your tenants are qualified for handling or residing in your property. Screening tenants helps you to get qualified tenants and you will get an opportunity to know your tenants better before signing lease or rental agreement.here are steps for screening tenants.
If the furnature is the tenants then yes. If the furnature came with the rental property as fully furnished, then the answer is NO. This would be classed as theft and they would be liable for prosecution.
Rental properties can be a great investment, but like any investment, there's a possibility for loss. While you can do background checks and require security deposits from your tenants, the safety and security of your rental property is often out of your control. Make sure your policy covers you from damage caused not only by your tenants, but also their guests. Also look at your deductible. If it's higher than your reserved security deposit, are you able to potentially lose that amount if your property is damaged?
The Landlord Tenant Act is the rights and responsibilities of landlords and tenants. General obligation of tenants and landlords. It also governs the rental of commercial and residential property.
None...but the new owner must give them 30 days to vacate the property...
Ontario tenants rights can be found in a variety of locations. They are found on the city's website. Owner of the rental property should also produce the rights when requested.
Rental income is any income received from others occupying your property. This may include investment properties that have been rented out to tenants and whatever they pay as rent would be considered rental income for you.
A tenant is someone living on a property. They are usually a party to a lease or rental agreement.
No lease? You would tell your tenants that you plan to sell. You would give them 30 or 60 days to move. You can't sell the house next Wednesday and expect them to be out by Friday. The tenants have legal rights to have a fair amonut of time to move.
A property manager shows property, collects rent, screens prospective tenants, handles tenants complaints, and handles emergencies. Often times, the property manager sets the initial rent, comparable to other properties in the area.
Absolutely. Many states have statutes that say exactly that the tenant must grant access.