It would be better if the tenant determine what repairs needed to be done, then left that with the landlord. If you are going away and you know there is repair work to be done on your apartment, there's really no telling when a maintenance person will arrive to perform such work, especially if you are away. In a few certain cases your maintenance person may be allowed to enter your apartment without you being there.
Of course! You are living in the apartment and therefore are obligated to pay to live there. Why would one think that the landlord would pay your rent?
As the owner/landlord of one or more apartments, it is imperative that you have a properly drawn up apartment lease that specifies all of the terms that you wish a tenant to comply with while occupying your property. There is much more to an apartment lease than the amount of rent you will collect each month. As a property owner, you want to protect your property as best as possible. Yes, you can ask for a security deposit, but if you get a crazy tenant, they can cause much more damage than the security deposit will cover. One very important thing to specify is the number of people allowed to occupy your apartment. Having 10 people in a 2 bedroom apartment is a recipe for disaster.
While we were watching in horror the apartment building collapsed in front of our eyes.
Yes you can paint your apartment and but you need to look at your lease you maybe able to deduct the cost from your rent as improvements to raise property value
Plains, Georgia most of the time, although they do have an apartment in Atlanta while doing business there.
If a landlord plans to make upgrades to a tenant's apartment, they will usually pay for the tenant to stay somewhere else, like a hotel. While the tenant is gone, their apartment will get new carpet, paint, or whatever else is needed to make it nicer.
Of course! You are living in the apartment and therefore are obligated to pay to live there. Why would one think that the landlord would pay your rent?
As you phrase the question, no the tenant is always obliged to pay owed rent. Just because they are thinking of leaving doesn't release them.
The Apt. comp. is responsible!!!!!
It's quite simple: once the lease is mutually signed, something that is normally done after a security deposit has been paid, then the tenant is considered to have legal custody of the property or dwelling. If at that point the tenant does not move in, the security deposit can be kept. This is because the apartment has been rented out and if at the last minute the tenant decides not to move in, then the landlord has to try to rent out the apartment, which may remain vacant until this happens. It should also be noted that the tenant would also be responsible for any rent of the apartment while the apartment is still vacant and up to the remainder of the lease term.
Possibly. It depends whose fault it was. If the roof fell on the tenant's dog because of termite damage, the landlord is at fault. If the tenant fell off the roof while drunk, probably not.
The modified net lease is a compromise among the gross lease and the triple net. The landlord and tenant usually set up a divide of maintenance expenses, while the tenant agrees to pay taxes and insurance.
The amount of maintenance required for this vehicle varies distinctly. Some have found it a very successful vehicle while many have come across expensive repairs after a short time.
Depending on where you live your landlord may have to give you a certain number of days notice before you are required to leave the premises (unless you are putting yourself or someone else in danger). Until then, you are not the old tenant, but the current tenant and your rented property can not be handed over to another party.
He will lose any security deposit and be responsible for any rent while the apartment remains vacant, up to the remainder of the term of the lease.
Previous to 2007 and the financial crisis that found home values getting walloped, you wouldn’t find too many people who would step up and sing the praises of apartment living. There are however, many aspects to apartments that are not only attractive, but downright better than homeownership. While this isn’t to say that apartment living is for everyone, the apartment lifestyle is often conducive to a more carefree style of living that appeals to many. Ability to Move One aspect of apartment living that has been highlighted during the recent recession that was not as obvious before the home value collapse is the ability to pick up and move when the lease is up. Many homeowners have found themselves trapped so to speak when unable to sell their homes, while apartment dwellers can more freely make a decision as to whether they would like to stay or go when the their lease is up. This freeing aspect of apartment living is often appealing to those who like a change of scenery every year or so. Peace of Mind Another great characteristic of apartment living is often the peace of mind that accompanies such a lifestyle. With a house, many homeowners must worry about maintenance issues, upkeep, leaving the home unattended while on vacation, security factors, and other aspects of homeownership, often not as prevalent with apartment dwellers. While this doesn’t mean that those living in apartments don’t concern themselves with such issues, it might just be on a lesser level as homeowners. Repairs, Maintenance, and Savings While there are certainly positive aspects to owning a home, such as being able to make renovations or changes that better fit your lifestyle or preferences, it’s hard to deny that the ability to contact a maintenance professional or manager to fix issues within your apartment isn’t nice. Not only this, but it can save you money on repairs. However, repairs and maintenance aren’t the only ways apartment living can save you cash. Even when factoring in the building of home equity, by avoiding property taxes, mortgage interest, homeowner’s insurance, higher utilities, yard maintenance, and similar costs involved in owning a home, apartment living might be more cost effective than owning a home. Disclaimer: This article is for informational purposes only and the author’s personal opinion. Any action taken by the reader due to the information provided in this article is at the reader’s discretion.
To build long term wealth, one of the best investments has always been to own you own home. While your home will slowly appreciate over time, you mortgage payment will slowly pay down your loan balance. Because of this, you eventually will accumulate a great amount of wealth. While owning a home is a great investment, owning a rental apartment could also be an excellent investment. When searching for a rental apartment, many considerations will need to be made. The first consideration when looking at a rental property is figuring out what a good price will be. This will take a lot of research because you will need to determine what similar apartments sell for in the area as well as what you could rent the apartment for. Prior to purchasing an apartment, you will need to ensure that the rent you receive will at least cover all of your expenses. Your expenses will include the mortgage you take out on the rental apartment, the property taxes, maintenance, and other related expenses. Since you may not always have the property leased year round, you should aim to have some excess cash flow after your mortgage payment. After finding a property to purchase and closing on the rental unit, you will need find a tenant. To find a tenant you will need to market the property. This could be done through newspapers, websites, or through apartment brokers. Brokers should be avoided because they often charge a high fee. When marketing the unit, you will need to be readily available to show up for viewing. Once you have found an interested tenant for your apartment rental, the next step would be to screen the tenant to make sure they will be a good tenant. You will need to confirm the tenant’s employment status, check their credit, and call their previous landlords for a reference. Once you have found a tenant that is qualified, you will need to sign them to an official lease agreement to lease your rental apartment. To give yourself extra security, you should also collect a security deposit upon signing a lease. This will protect you in the event the tenant defaults on rent or causes damage.