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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.
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Example of letter of intent to lease a space in a mall?
A letter of intent to rent a space in the mall should include the company information and the business that will be run there. It should very clearly state when the lease will begin, the hours of operation and the renta agreed upon. There should be full contact information included in the letter.
If you cosigned on a year lease on an apartment for your son can the apartment hold you responsible when the lease is up if he doesn't pay his rent?
Yes. anytime you co-sign a lease you are 100% responsible not only for the money of rent but 100% of all other terms. Such as damage, late fees, early termination fees, court costs, etc. for the full duration of the family members tenant status. In a lease or month-to-month the co-signer remains responsible until the tenant is no longer on property. If the co-signer wants to be relieved of future liability, then the co-signer should send a written notice to the landlord, before the lease renews or goes month-to-month, requesting he/she to be removed from the agreement as a co-signer. I would imagine the terms and rules would still apply, even though the lease expired and is now month-to-month. So write a letter and give notice that you are ending your arrangement.
If you break your lease six months before it ends and if the landlord makes no effort to look for new tenants can he sue you for lost rent?
It has been my experience, that if you break your lease prior to expiration of the lease term, you are in breach of contract. In NYC, unless you obtain signed and written consent from the landlord granting you permission to end the lease prematurely, he can sue for lost rent. I had a verbal agreement to end the lease early with the landlord of my first apartment in the city. I was in the process of moving out and he padlocked the premises with some of my belongings inside, and then sued me for back rent 6 months later and won. (Although I never paid based on principle. He had given me his word and then renegged. I made a naive mistake and he took advantage of me.) Never do anything with out the other party signing an explicit agreement. Many landlords, if given a month or so notice, will waive the requirement, but it is at their convenience. If you are going into the military and you have the correct papers, the lease can be broken.
What does it mean to have an income based apartment?
An income based apartment is also known as a rent controlled housing or low income housing. An income based apartment has rent based off the income you receive from working, the more or less you make, the more or less you pay. Income based housing is very useful for people who may not otherwise be able to live in an area because of high rent.
Where is the penthouse located in an apartment building?
Penthouse apartments are located on the very top floor of buildings. Penthouse apartments are usually the apartment in a building with the highest rent.
In Louisiana can a deposit on an apartment with co lease holders be transferred to another apartment without both lease holders concent?
Your question is not very clear, but no.
Is signing an apartment lease binding the very moment it's signed?
Yes.
Terms and Negotiations of an Apartment Lease?
Signing an apartment lease is an exciting time for the first time renter. Many people, especially those moving out on their own for the first time, jump into a lease agreement without fully understanding what it is they are agreeing to when they sign their names. Understanding the components of a lease agreement is the first step to being a responsible renter.Terms of the LeaseThe terms of the lease agreement include the monthly rental amount and the time line for when each payment is due. When you receive a copy of the lease agreement it is very important to understand the grace period if one is provided in the terms of the apartment lease. Many apartment complexes are very strict about these defined due dates. At best a late payment will result in a late fee, but at worse it can mean an eviction.The details of your security deposit should also be included on the apartment lease. If there are not very detailed explanations of how the security deposit is returned ask for an attachment that outlines the landlord’s policies. In many courts of law this area is hard to enforce, as a vague explanation on the original lease agreement may provide the landlord the opportunity to refuse the return of any portion of the security deposit if any damage is done, regardless of how insignificant it the damage may be.The process for terminating the apartment lease ahead of schedule should also be written in the lease agreement. While your intentions may be to stay in the apartment for the entire term of the lease, emergencies can happen that require you to move. Be sure you understand the penalties that may occur should this be the case.Negotiating the LeaseMany people do not realize that all of the terms of the lease agreement are negotiable. If you are settling for less of an apartment than you hoped for, bring this up before you sign to see if you can negotiate a lower fee. Likewise, if any of the terms of the lease are unsettling to you, discuss possible adjustments before you sign or walk away.
Are there any common loopholes that I can use to get out of my rent or lease agreement?
A rent or lease agreement is very secure and hard to get out of. A deal has to be made with the rental company to terminate the lease. These usually require getting somebody else to take over the apartment for the rest of the lease term.
Where can someone get a lease agreement from?
Getting out of a lease agreement can be tricky, but if you feel like you have no other choice, start by reading your lease very carefully. Ideally, you should have read through your lease before signing it in the first place, so you should be at least roughly familiar with the section of the lease which details giving notice and moving out
Should you rent to lease if you are on a very tight budget?
Well if your on a very tight budget I would lease, as it can be somewhat cheaper in the long run then renting. If your looking for a short term this go for renting.
Lease Agreement Form?
If you are looking to rent an apartment, or lease a car, you are going to need to fill out a lease agreement form. This form will lay out all of your obligations and what the obligations of the lessee will be. This is a legal document that cannot be broken once signed. There are many consequences that could occur if the lease agreement is not followed through on.Make The Clear The Terms Of The LeaseThe most important information that you can place on a lease agreement is the length and terms. Essentially, you need to specify how long the lease is for and how much needs to be paid. If you are going to rent an apartment, the lease needs to say how long the lease is for, or your car lease should specify how many miles a year you are allocated. Other issues like condition of the property and other terms need to be included. It is important that neither side break the lease unless there is an out clause.Specify Damages Owed For Breaking The LeaseIf a landlord decides to kick out tenants through no fault of their own, the lease should cover what happens. If tenants decide to leave early, there should be a clause specifying what they owe the landlord. When leasing a piece of equipment, there should be something in writing stating the condition it needs to be returned in, and when it needs to be returned. Financial penalties should be spelled out clearly for both sides to understand.Know The LawAll leases should adhere to state and federal laws. Make sure that your lease would stand up if challenged in court. There may be laws that restrict how much can be charged for damages, or the handling of any security deposits that may be included in the lease. If there are any illegal items in your contract, it will be null and void and neither party would be held to it if challenged legally.When writing a lease, make the terms and conditions very clear. Also make sure that there is contact information for all parties included somewhere. A lease could be voided if a party to that lease was unable to be contacted should there be any questions about the document.
Is the sims 2 apartment life good?
yes it is very very good it is a lot of money but you should buy it because you can have flats
Is this sentence correct I very like my new apartment?
The correct way to write this sentence is "I really like my new apartment." "Very" is typically not used before "like" in English.
How do you apply liaise?
Lease, you sign a lease agreement with a finance officer if your credit is very good.
There is no earth connection in your apartment What should you do?
Contact your local government's building inspection office immediately. This is a very dangerous situation.
If you are building a home that will be ready for occupancy before your lease is up and you will have one month remaining on your lease can you give 30 days notice and not receive a penalty?
Yes. As you said, you only have one month to go before your move in. Hand in your notice ASAP. The worst that can happen is usually the landlord (at least in Canada) requires first and last months rent so you may lose it. You've waited this long to get into your home, so a month isn't so bad. Get that notice in! You shouldn't have to wait long as there are not enough rentals to go around in most cities and it should be natched up very quickly. Second Answer: What does your lease say? My apartment lease says I will give notice at least 60 days before the one year lease ends if I do not intend to renew it. In other words, if I gave notice 30 days before the lease ends, I would be required to lease the apartment for another month (at the one-month-at-a-time rate. (Or, in another interpretation, I might be compelled to sign for another year lease if they don't get 60 day notice.) Either way, you can bet I'll be ready with my answer 61 days in advance. But it comes back to: What are the termination clauses in your lease?
