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Q: When renting Property to individual with handicaps you must if necessary allow for?
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What is the difference between renting a property and having a mortgage?

The difference between renting a property and having a mortgage is that when you have a mortgage you are buying the property.


What is the definition of landlord?

A property owner who is renting the property out to people to live in.


When renting do you pay property tax?

It depends...


Why is renting better than owning?

Renting may be better for some people who can't save up enough cash for a down payment and who don't want the responsibility of owning and maintaining real property. It all depends on the needs and desires of the individual. In other cases owning is better than renting.


What is the law of renting land for 20 years and your right to own the land?

You have no right to ownership of real property by renting it for 20 years unless you had a written agreement with the owner that you were renting to own and you have met the conditions in the contract.You have no right to ownership of real property by renting it for 20 years unless you had a written agreement with the owner that you were renting to own and you have met the conditions in the contract.You have no right to ownership of real property by renting it for 20 years unless you had a written agreement with the owner that you were renting to own and you have met the conditions in the contract.You have no right to ownership of real property by renting it for 20 years unless you had a written agreement with the owner that you were renting to own and you have met the conditions in the contract.


What are the advantages of owning riverside property?

Riverside properties are and advantage for renting if the individual is interested in fishing, hunting, swimming or boating. The properties are generally high value properties.


What are the main advantages of renting versus owning?

The Main advantage of renting opposed to purchasing a product or a property is that you don't have to deal with selling it or it's quicker to move on or pass on the property.


How would you write a renting contract?

Create an agreement between you, the Landlord, and the tenant. Specify your rules for renting him the property (the rules may not be unconscionable, such as to violate the laws or to allow the Landlord into the home without notice), and the consequences of violating the terms of the lease. Seek legal advice if necessary.


Doeslandlord have to notify tenant if selling the property tenant is renting?

No.


What are hoa management companies?

Property managers who specialize in managing associations and their operations according to the individual governing documents and state laws governing each, not renting, buying or selling homes.


What are the advantages of renting commercial property over buying commercial property?

Renting commercial property versus buying it is going to be the most affordable route and thus the most profitable. If buying is an option, then of course it would be a good investment.


Buying property versus renting property?

Buying and renting properties are totally different. Once you buy a property, you own it permanently. And the responsibility to maintain and manage them is all yours. When you are using a property under rent, you would be liable for uncontrollable expenses and obviously, you don't have ownership to it.