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The executor has the responsibility to maintain the value of the estate. In some cases this will include renting property. If there is any doubt about whether this is a good idea, they can request permission from the probate court to do so.

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Q: Can a Personal Representative rent out or lease a home of the estate while it is waiting to sell?
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If I buy a house to lease out at what percentage should I lease it out?

You need to consult with an experienced real estate agent in your area who can do some research and tell you the market rate for rents in your area.You need to consult with an experienced real estate agent in your area who can do some research and tell you the market rate for rents in your area.You need to consult with an experienced real estate agent in your area who can do some research and tell you the market rate for rents in your area.You need to consult with an experienced real estate agent in your area who can do some research and tell you the market rate for rents in your area.


Can HUD break a lease?

They can TERMINATE a lease, if the lessee is in violation of the lease.


If you co-signed for an apartment and you no longer stay there due to personal issues can you remove your name from the lease?

Your lease most likely has a provision against "subletting" your apartment. Any changes in renters must be approved by the landlord, and that includes adding or removing names off the lease. The landlord decides "who" rents from them ... not the tenant.


How is a lease different from a contract?

A lease is a type of contract.


Can you break your current apartment lease if you get fired from your job?

Not without the penalty stated in the contract. The lease can't be broken because of personal problems. It is possible that a cool landlord would just let you out of the lease if you talk to him about it, but they don't have to bend over backward if they don't want to.

Related questions

Is a lease estate a freehold estate?

No. A lease is a leasehold estate.


What is the difference between a life estate and a life lease?

what is the difference between a life lease and a life estate


When real estate under an estate for years is sold what happens to the lease?

lease is subject to termination with proper notice


What is the meaning of Lessee?

The person to whom a lease is given, or who takes an estate by lease.


Can a beneficiary to an estate enter into a new lease agreement?

If the beneficiary inherited the property and the estate has been probated then she is the new owner and can execute a new lease agreement.If the beneficiary inherited the property and the estate has been probated then she is the new owner and can execute a new lease agreement.If the beneficiary inherited the property and the estate has been probated then she is the new owner and can execute a new lease agreement.If the beneficiary inherited the property and the estate has been probated then she is the new owner and can execute a new lease agreement.


What is a freehold lease?

A freehold lease may refer to the lease of land that belongs to another person. Your question is confusing because a freehold estate is the right to the use and possession of land for an indefinite period and a leasehold estate is a lease of land that belongs to another.


Where can someone download commercial real estate and lease management software?

Commercial lease management and real estate software can be found online. It can be downloaded from many software websites and real estate broker ones too.


Can you lease out a life estate?

Yes, a life estate can be leased out. It is still subject to the life of the person it was granted to. So that reduces the value unless the remainderman also agrees to the lease.


Does a farm lease terminate with the death of the life estate holder?

Yes, if the life tenant was the individual who executed the lease.


How much personal information is expected when using a lease payment calculator?

The only information that is required is the amount of the lease, the term of the lease and the interest rate.Other personal information is only required when the lease is written up to be signed.


who is the right person to talk about lease commercial?

When brokering a commercial lease you should be certain to use an qualified real estate broker. Some people prefer to even then have the lease read through by a real estate attorney before committing to the contract.


Where can one find commercial real estate for lease?

Commercial real estate for lease can be found in the majority of American towns. The website "City Feet" has lists of properties which can be searched by desired location.