This is a question for your co-op board: there is no standard.
There are six types of tenants. These are the following: 1. Cash Tenants- tenants who pay cash as rent in the plot that they work on. 2. Share of produce Tenants- tenants who give a part of their product as rent 3. Rent-free Tenants- tenants who don't pay rent and work for free 4. Cash and Fixed Amount of Produced Tenants- tenants who give cash and a fixed quantity as rent on the people they work as tenants 5. Cash and Share of Produced Tenants- tenants who give cash and a share of their product as rent. 6. I dont remember anymore but I hope this will help.
Yes, apartments may lower rent for tenants in certain circumstances, such as during economic downturns, to attract new tenants, or to retain current tenants.
Yes, it is possible for you to increase rent on your tenants, but you must follow the laws and regulations set by your local government regarding rent increases.
Feudal tenants are the folks who rent betterments from a feudal landlord.
The key provisions of the Rent Act include regulations on rent increases, eviction procedures, and tenant rights. These provisions impact landlords by limiting their ability to raise rents and evict tenants, while also protecting tenants from unfair practices. Landlords must follow the rules outlined in the Rent Act to ensure they are in compliance with the law and to maintain positive relationships with their tenants.
If you want your tenants happy, you should increase the rent little by little. If you have "problem tenants" that wont pay the rent or something. Maybe theyre vandalizing or making noise. In this situation, you don't raise the rent to get them out. You get proof(maybe with a camera in the lobby) and evict them!!!
The recent property tax increase may lead landlords to raise rent for tenants in order to cover the higher costs.
The keys.
A resident does not usually owe rent to a non resident in a house owned by "tenants in common" if the resident is one of the tenants. When a house is owned by "tenants in common", all tenants share use of the house or property. If one chooses not to use it, that is his business. (Of course, what is usual may not apply in your local area. There are also ways to end a joint tenancy.)
Yes, landlords can request proof of income from potential tenants to ensure they can afford the rent.
yes
Someone who works and pays rent for land owned by another.