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What is percentage lease?
It is one type of lease where the tenant pays a base rent plus a percentage of any revenue earned while doing business on the rental premises.It is the term used in commercial real estate.
Where can i find Free templates of prove of residence of a tenant?
Proof of residence for a tenant would be a copy of the lease, or landlord tenant agreement. Any type of written agreement will suffice as a proof of residence.
What is the definition of a tenant at sufferance?
A tenant at sufferance is a person who remains on a property after their lease or rental agreement has expired without the landlord's permission. They may be occupying the property unlawfully and can be evicted by the landlord. This type of tenancy is also referred to as a holdover tenancy.
What is an operational lease?
An operational lease is a type of lease in which the contract period is less than the actual life span of the leased equipment, and the lessor pays all serving and maintenance cost. There is no transfer of ownership.
What does real estate lease type mg mean?
Modified Gross. Means the Landlord is paying all or some of the taxes, utilities, insurance and/or maintenance
Can a landord allow one tenant to have a dog but not the other?
Check your lease. This depends on the specific situation. Sometimes, leases change and certain things get "grandfathered" in; i.e., it may be that the tenant had a lease that allowed a dog when he/she moved in. It may also be a certain type of apartment/house that the landlord allows pets in. Basically, this all depends on your lease and the laws in your state. As far as I understand it, if you signed a lease that says you cannot have dogs, then you cannot have dogs.
Can a life estate tenant sign a oil and gas lease?
It would depend on the type of life estate. In most cases, they would be able to sign a lease for the length of their life. However, in most states the remaindermen would also need to sign. It is common practice for oil companies to ask the remaindermen to ratify a lease signed by a life tenant. You should consult with an attorney who specializes in that area of law.
What is a tennant farmer?
A Tenant Farmer is-a type of farmer who works on farm land owned by another (the landlord), and pays rent either in cash or in shares of the crop.
Is Audio Utilities a type of software program?
No, Audio Utilities is not a type of software program.
How do i renew one year lease?
Generally you can renew a lease by stating your intention in writing to the landlord and awaiting their response to you. If a landlord does not give you any type of response within 30 days of the end of your lease you are able to stay on a month to month basis. They must give you notice to leave, they can not make you leave. Generally a tenant does not have to give a notice to leave at the end of their lease.
Can a landlord evict if you do not pay a water bill?
This depends on the type of dwelling and the state that you live in. In most apartment buildings the landlord pays for the water. But not in all. For houses, duplexes, trailers, and other detached property, normally the tenant pays the water.
Can a landlord claim trespass against a past tenant if other family members stilll live on property?
Generally, no, unless the landlord has some type of court order or written agreement that bars the former tenant from entering the property. The current tenant has the right to have visitors unless special conditions were mentioned in the written lease agreement.
