Lease

What is a land lease?

What is a land lease?

What is a land lease? Understanding how land lease agreements work can be difficult. However, if you are a landowner or a potential lessee interested in leasing land, you must understand how a land lease works. So, to get you started, here's a great overview of the key things you should know about land lease agreements. What is a land lease? When you purchase a home as part of a land lease, there is one...

Lease guarantor FAQs

Lease guarantor FAQs

Finding a rental property in an urban area can be quite challenging. To start with, rent prices are significantly high in urban areas and therefore landlords may have steep demands from their applicants. Moreover, if you are a first-time renter without a rental history it can be difficult to meet the demands of landlords. Fortunately, there is a way around these scenarios. You can find a guarantor to help...

Month-to-month tenancy

Month-to-month tenancy

Are you on the lookout for a new living arrangement that accords you great flexibility? It is possible then that a month-to-month tenancy might just be the right solution for you. Whether you're not planning to live in an area for an extended length of time, or you've taken on a temporary job, there are several benefits to a month-to-month rental agreement. Let's explore the concept of month-to-month lease...

Terms your lease agreement should define

Terms your lease agreement should define

I have met a lot of landlords with hand-shake leases. Needless to say, this is a recipe of disaster. A lease or tenancy agreement is one of the best ways a landlord can layout the terms of a tenancy. Everything from the rental amount to the dispute resolution procedure should be outlined in the lease. Moreover, your tenancy agreement lays the tone for your relationship with your tenants. Here are some...

Rental property life cycle

Rental property life cycle

As most property owners will confirm, the road to successful investment property management is not easy. If you are one of those that considering acquiring an investment, it can be quite daunting. However, it all comes down to how well educated you are on investment property issues. One of the most important aspects that you need to have a firm grasp on is the rental property life cycle. Let us commence by...

Getting tenants to renew their lease

Getting tenants to renew their lease

December not only marks the end of the year but it is also a period when most rental keas start end. The process of finding new tenants is both costly as well as time consuming. Not only do you have to pay for advertising and marketing, but you also lose out on rental income. In addition you or your property manager have to screen potential tenants and open the property for inspections. Here are a few tips...

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