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Everything You Need To Know About Lease Renewals

Rental Choice

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. What is a Lease Renewal? It is essentially a new lease for the same property.

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Can a Landlord Break a Lease?

Genuine Property Management

As a tenant, signing a lease creates a sense of stability and ensures you have a home for the agreed period. But what happens if a landlord decides to break that agreement? appeared first on Welcome to Genuine Property Management.

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. Privacy Both landlords and tenants have the right to privacy.

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Fire insurance 101: What landlords & property managers need to know

Buildium

But are landlord and renters insurance the only options out there? Or what if they want a little extra coverage outside of typical landlord policies? Landlord insurance, on the other hand, will cover a wider array of perils, and may even cover the contents of a damaged unit, rather than the structure only.

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Important Lease Clauses For Landlords

Beach Front Property Management

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. A lease ends after a specific term (usually a year).

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Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

There are so many types of leases. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. As dedicated property managers in Baltimore and surrounding areas, we deal with a lot of leases. Table of Contents What is a Gross Lease? Good question.

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Lease Renewals: Tips for Property Managers and Landlords

Lula

A lease renewal is the process of establishing a new rental agreement with the current tenants. If the landlord or property manager is happy with the tenants and the tenants are happy with the home, it makes sense to re-up and keep the relationship going. What If You Don’t Want to Renew a Tenant’s Lease? Congratulations!

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