0
What else can I help you with?
Is a lease valid if owner turns property over to a property manager?
Yes. As long as that is not prohibited in the lease.
Is a lease valid if the address is wrong?
The lease is still valid if you move into the property and pay rent, showing an intent to live there. Always check the local state laws, as there may be exclusions to this rule, but in general, this is true.
Does a tenant have to sign a rental agreement?
For the rental lease agreement to be valid in the United States court of law it has to be signed by the Landlord and Tenant.
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.
What are the essentials of a valid lease?
A valid lease should contain all the rules that tenant must follow. It should also contain who is allowed to live in the property and what will happen if the lease is violated.
Can one owner lease out property that is jointly owned?
No. All the owners would need to consent to the lease by signing it. If all the owners of the property, or their duly appointed agent, didn't sign the lease it would not be a valid lease. All the undivided interest owners have the right to the use and possession of the whole property but one owner cannot encumber the whole property.A lease signed by only one of the owners of the property is not binding on the other owners. The tenant would not have their permission to lease their property.
Can a landlord offer a valid lease to a tenant after a fore closer has been filed against the landloard?
When a rental property is under foreclosure, the landlord still has the right to collect rent, including the right to file evictions, until the mortgage lender takes possession of the property. When this happens the tenant will be given notice of proper instructions on how and where to pay rent, or to vacate the premises if applicable.
If your landlord sells your duplex do you have the option to move out in Texas?
I'm not familiar with Texas in particular but, generally, no. If a landlord sells his rental properties (his business), usually all existing contracts and obligations remain in force with the new owner and your lease is still valid and legally enforceable.
If one person signed another person name on a lease is that lease still valid?
Probably not. But, if this was an attempt by the signer to create a loophole for getting out of the lease later, a judge might hold the person to it.
What is a 1 year lease on a house?
Answer A lease is a rental contract that gives you specific rights during the period of the lease, rather than the default "month-to-month" rental, which could even be oral. The lease for a specific period is essentially an agreement to pay the rent for that entire period, often in monthly installments, and may state valid reasons (if any) for "breaking the lease" with proper advance notice, and other requirements, to avoid penalties. There are several advantages of a lease. The rent won't go up, there is a document that can be used for stating the responsibilities of everyone involved, the landlord doesn't have to worry about showing or renting the space for a longer period, and so on. You can agree about almost anything in a lease: who does the different types of maintenance, who pays for improvements or damages, how the house can be used and how it should not be used (e.g., for sublet, frat house, meth lab, etc). One of the most important things in a lease these days is that the tenant (lessor) has rights to possession (occupancy) of the property regardless of who happens to own the property. So, if the bank forecloses the property, the lease remains in effect and the tenants are given instructions to pay the rental fee to a different owner. Answer. This means that you need to stay in the house and rent it for one year and you are not allowed to move out unless the lease is up.
What is the process for issuing a Wisconsin 60-day notice to vacate a rental property?
To issue a Wisconsin 60-day notice to vacate a rental property, the landlord must provide a written notice to the tenant at least 60 days before the desired move-out date. The notice should include the reason for the termination of the lease, the date by which the tenant must vacate the property, and any other relevant information. It is important to follow the specific guidelines outlined in Wisconsin landlord-tenant laws to ensure the notice is valid and legally enforceable.
Houses Sold While they are Being Rented?
It can be nerve wracking to be a renter of a house that is sold while you are still under contract. The new ownership could change your life dramatically if they do not agree with the rental contract that you signed with the old owners.Negotiating a Lease with the New OwnerNo matter who owns the house, the original contract that you signed is valid until its expiration date. If someone buys the house during your rental agreement, they will have to abide by the agreement until it expires. When the rental agreement does expire, however, the new owner can request any changes that he or she think would be best for the property. If possible, try to negotiate with the new owner as soon as he or she buys the house. Make sure you know about any changes they may want to make well in advance of being presented with a new contract.Asked to Move Out Before the Lease is UpIn some cases, the new owners may request that you move out before your original rental agreement is finished. If that suits your needs, you can request a certain amount of time to look for a new rental property before you are forced to leave the old one. If you would prefer to stay until the lease is up, explain your wishes to the new owner. They may offer you an incentive to break the lease so that they can take control of the property, but you are legally allowed to live in the property until your lease is over.Changes in RentWhen a new lease is signed there is usually an increase in the amount of rent that you will have to pay. Talk with the new owners about their plans for your rental before you are surprised by a rent increase that you can’t afford. Some owners will be more interested in keeping a tenant in their property than in making a little extra money on rent. If you can prove that you are a good tenant who maintains the property well you will have a better chance of receiving good treatment from the new owner.
