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What else can I help you with?
If i have recently found a property that i wish to own on lease plus a monthly rent and i wish to know whether you will have to pay this upfront or whether you can pay it in monthly installments?
You cannot have a property on lease and also on monthly rent. If it is a lease it is an agreement between the landlord and the tenant who pays a lumpsum amount as a deposit to the landlord for a fixed term of years and after the term is over the landlord returns the lumpsum amount deposited with him to the tenant without any interest and the tenant vacates the property. Here the landlord uses the deposit amount for his use and after term expires returns the amount without interest. If an amount is paid as advance the (normally less than the lease amount) amount is also returned to the tenant after the period, but in addition to the lumpsum amount a monthly rent is also being paid, which is non-returnable.
You live in a two bedroom apartment and you would like to move out and leave your 18 year old son want to stay in the apartment he is on the lease can he stay here when you move out im his mom?
If his name is on the lease AND you are on it you are BOTH responsible for the rent, however, if you sign off on it then it is HIS responsiblity.
What is 'sale and leaseback' in real estate?
If you buy a leaseback property, you are buying it as an investment. The idea behind leaseback is that you buy a property and are guaranteed* rental income year round for that property, normally for France, up to about 4%pa. You then have the option of using the property for holidays at the cost of reduced return. Here is an example Leaseback property sold in Avoriaz, France 4% guaranteed rental income with Maison Individuelle with NO OCCUPANCY You may then choose a week at peak season or two weeks at off season for 0.25% reduction in that return, to 3.75%pa A Lease is between 9-11years in length and at the end of a lease you can choose to move out of leaseback. Advantages: Fully managed and renovated at no extra cost to the owner** Guaranteed rental income regardless of whether a tenant is in occupancy Risk free* investment with personal usage time available Disadvantages: Usage is restricted to maximum 6months per year (dependant on vendor) with no rental income For more details, see the Maison Individuelle website at www.mifrance.co.uk *Risk free guarantee depends on the security of the agent and vendor, for example, Pierre et Vacances and Lagrange are financially secure and still expanding their range, this means they can guarantee rental income and are a safe investment **Renovation is charged to the owner, normally towards the end of a 9-11 year lease, however it is possible to account for this and there are options that allow the renovations to come included. For more information on this see the above website.
Where can one find more information about obtaining mortgages for a rental property?
One can find information about obtaining mortgages for a rental property on various websites like HomeGuides and Realtor. One could also visit a local bank and ask for information about obtaining mortgages for a rental property int here.
How can you get out of a shared appreciation mortgage?
1. Sell the house. 2. Outside of that, your position is complicated. Check your state laws to see what restrictions govern SAMS. Refinancing the mortgage will involve a prepayment penalty that could be stiff; whether that is more or less than what you will owe at the end of the SAM depends on how much the house has appreciated. If I were in your shoes, I would go to somebody knowledgable about mortages and run the numbers on your particular property. There are no easy answers here, sorry.
What should I look for in a lease contract?
Lease contract information greatly depends on the state you are renting the property in, as each state has different renter's rights. However, you can find general information here: en.wikipedia.org/wiki/Lease
What is another name for renter?
The legal synonym of "Rent to Own" is "Lease with Option to Purchase". It is a contract or agreement between a property owner and a lessor/buyer to lease a property for a certain period of time, after which the lessor/buyer has the option to purchase the property.
If i have recently found a property that i wish to own on lease plus a monthly rent and i wish to know whether you will have to pay this upfront or whether you can pay it in monthly installments?
You cannot have a property on lease and also on monthly rent. If it is a lease it is an agreement between the landlord and the tenant who pays a lumpsum amount as a deposit to the landlord for a fixed term of years and after the term is over the landlord returns the lumpsum amount deposited with him to the tenant without any interest and the tenant vacates the property. Here the landlord uses the deposit amount for his use and after term expires returns the amount without interest. If an amount is paid as advance the (normally less than the lease amount) amount is also returned to the tenant after the period, but in addition to the lumpsum amount a monthly rent is also being paid, which is non-returnable.
What happens to a lease if the tenant goes to hospice care?
I'm no lawyer but...here is my understanding of the situation. While the tenant is alive, they (or the person legally acting for them) are responsible for the financial obligations and the lease is in force. If the tenant is not returning, you should consider terminating the lease and moving out. If it is a month-to-month lease, this part is easy. If it is a fixed-term lease, investigate whether the landlord will agree to terminating the lease early.
Why do you call sandwich lease?
Type your answer here... why do we call sandwich lease?
Can you claim a claim of right to a property if you were living on the property without a lease by agreement of the homeowner?
No. "by agreement of the property owner" are the key words here. Even though there was no written lease, you had the oral permission of the property owner to use the property. Therefore, you use of the property was not hostile, and fails the third prong of the adverse possession test. (MUENCH v. OXLEY, 90 Wn.2d 637 (provides that a person claiming adverse possession must use the property without the owner's permission)).
Can the landlord forbid the use of the backyard?
Yes, the landlord may or may not restrict access to any parts of his property. You rent the apartment, not the backyard. The issue here would be if the restriction is missing from the lease, then the backyard would be considered a fixture of the property and would be an inclusive implied part of the leasehold.
Does anyone know of software that can handle Lease Here Pay Here that will keep me compliant with Federal Regulations?
I use MSP from Constellation Automotive Software. It does Lease Here Pay Here and is fully compliant.
What is the difference between forfeiture and surrender of lease?
if call are in arrears by a shareholder and even after personal intimation about calls due, the share holder and even after personal intimation about calls du, the shareholder does not pay the amount due on calls here...
Can your landlord keep their belongings in the property you are renting its been 3 months and our landlords belongings are still here she wants to put a shed up in the back garden?
No, not if the lease says you are renting the entire property. If the lease says you are renting only the house, for example, not the land where she want to build a shed, then she may be within her rights. If it says something brought like "the property 123 Main St.", then that includes all the land so it is yours to use, not hers. I suggest you look at it from her point of view - she needs a place for her stuff. Tell her that you have leased the entire property but if she needs some of it "back", then you can modify the lease (in writing) for a reduction in rent.
Can you get out of your lease if there was a fire and it wasn't your fault?
If the home is no longer habitable, your lease will probably be terminated. The procedure here varies by state law.
It sounds as though?
It sounds as though the important piece of information to confirm is the dates of the lease, as specified in the agreement your friend Geff signed with the owner on your behalf (or at least so it sounds from your description of the facts). If the lease was scheduled to run through the end of June, and this is reflected in the lease, you should write a letter to the owner, attach a copy of the lease and explain that you have a lease through June and that the attached lease reflects this. A landlord can not evict a tenant using the police unless he can prove that the property's lease is in fact up. If for some reason the lease reflects a date that is June 1st, as per the landlord, you will need a real estate attorney to help you make a case against the document. It would be best to be represented by a local attorney or at least one that understands the local Tennessee laws which pertain to landlords, tenants and property leases.
