answersLogoWhite

0

Yes, it is permissible for a landlord to reside on the property they are renting out, as long as this arrangement is agreed upon in the lease agreement and follows all relevant laws and regulations.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Continue Learning about Finance

How long must you reside in a house before you are legally allowed to rent it out?

The length of time you must live in a house before legally renting it out varies depending on local laws and regulations. In some places, there may be no specific requirement, while in others, you may need to reside in the house for a certain period, such as six months or a year, before renting it out. It is important to check with your local government or a legal professional to understand the specific rules in your area.


Can you get a home equity loan on a property you don't own?

No. You are not required to reside at the home that you draw your equity from but you must own it, which means you must be on the title.


How can foreigner buy property in us?

You have to have a valid VISA, and reside in this country for at least two years before that's possible. Call your trusted bank or lender for further instructions.


Can a spouse's income be garnished by a judgment creditor?

Yes, if the spouse is a co-debtor and named in the final judgment writ. Or the married couple reside in a community property state and the debt was incurred during the marriage.


Is there any way to not be responsible for debt incurred by your spouse but yet stay married?

If the couple Does Not reside in a community property state then a spouse is not responsible for the other spouse's debts when said debts are solely incurred. If the couple does reside in a CP state it does not matter who incurs the debt as the law assigns the married couple equal rights to assets and equal responsibility for debts.

Related Questions

Does the phrase community property refer to where you reside or where you get your marriage license?

Where you reside.


Did your landlord break any law?

In order to know if your landlord broke any laws one would need to know more details about the offense committed by the landlord and the state in which you reside.


Is it legal for a person renting a house to not pay rent until house is fixed?

Landlord Tenant Law is different for each country and/or state. Please comply with the law of the state or country you reside in. ------------------------------- yes, only if you told landlord about the problem at least 15 days before rent is due if landlord tells you to get it fix and will take cost off rent lease get this in writing.


Can one tenant terminate a month-to-month rental agreement in order to keep out another cohabitant on the lease agreement without the consent of the other tenant and still reside in the property?

No, only the owner of the property would be able to break the agreement assuming the landlord had valid reason(s) for taking the action.


When a landlord does a rental history check is it nation wide or just the state you reside in?

All the reporting agencies I know of are national.


What is a primary leaseholder?

A primary leaseholder is the individual or entity that holds the main lease agreement for a property, granting them the legal rights and responsibilities associated with that lease. This includes the obligation to pay rent and maintain the property, as well as the authority to make decisions regarding its use. The primary leaseholder may sublet the property or allow others to reside there, but they remain responsible for fulfilling the terms of the lease to the landlord.


What does landlord mean?

landlord is the actual owner of the house, or owner of the title of the house that you reside in.. it dates back to medieval times when your land lord was the owner of the land you built your home on..today the houses are already built


Can a landlord keep first and last months rent even if you did not live on the property in MN?

Ah, the age old issue of "I didn't live there, you shouldn't get to keep rent." The issue with this logic is that it forgets that the landlord cannot re-rent the apartment during your tenancy. So even though you did not live there, you occupied the space contractually, thus preventing the landlord from opening it to others. So, yes. A landlord can keep your first and last months rent even if you did not reside in the property. As an example, imagine a rental car. You go out and purchase a rental car for 7 days, but for 7 days you never drove it. Would it be fair to say "I shouldn't have to pay you because I didn't drive it?"


How long did a homesteader have to reside on the property?

Under the Homestead Act of 1862, a homesteader was required to reside on the property for a minimum of five years. During this time, they had to improve the land by building a dwelling and cultivating crops. After fulfilling these conditions, they could apply for ownership of the land.


Can you buy a gun in Wisconsin if you do not reside in that state but own property there?

Rifle or shotgun, yes- IF your state of residence allows it (California, for example, does not). Handguns may only be purchased in state where you reside.


How long must you reside in a house before you are legally allowed to rent it out?

The length of time you must live in a house before legally renting it out varies depending on local laws and regulations. In some places, there may be no specific requirement, while in others, you may need to reside in the house for a certain period, such as six months or a year, before renting it out. It is important to check with your local government or a legal professional to understand the specific rules in your area.


Can you take a lifetime estate and not live on the property?

In most cases, there is no reason you can't. The bequest may have conditions on the life estate, such as "as long as they reside on the property." Consult a property attorney in your area for specifics.