· Jul 28, 2010
A rent increase can sometimes come as quite a surprise to you, especially if you haven’t received one in a while. However, many times it’s necessary if the landlord must make improvements, keep pace with the cost of living or make up the difference due to increased taxation. Of course, sometimes the reason doesn’t have […]
A month to month lease agreement has many benefits but it also has several drawbacks. While you may enjoy the freedom a month-to-month lease provides, you should also be aware of the problems such a lease can create. 1. Higher Cost Because there is always the possibility of a month-to-month lease ending in the next […]
· Jul 26, 2010
Apartment lease termination that occurs prior to the end of the lease term can have several legal consequences. Tenants that terminate leases early can face extensive financial costs, negative reporting on credit reports and possibly even legal action. Described below are some of the legal concerns and possible consequences to consider before termination a lease […]
· Jul 21, 2010
Apartment repairs are often the reason why tenants move out, or get evicted. A related problem is when the landlord uses repairs as an excuse to gain entry into the apartment, more than what’s necessary or reasonable. The cost of repairs, the extent of them, and the ability to gain entry to make repairs are […]
· Jul 21, 2010
It’s an awful to position to be in when your landlord violates the lease agreement. The major concern is that you’ll upset your landlord, who might retaliate and kick you out of your apartment. If you’ve been living there for a long time and are paying a lower rent compared to most apartment rentals in […]
· Apr 20, 2010
Breaking your lease agreement is not a matter that you should take lightly. You face legal repercussions that will cost you time and money, and will affect your ability to lease other apartments. You should do what you can to resolve matters with your landlord, or obtain a release to terminate your lease early. Cure […]
· Apr 16, 2010
When your lease expires next month, what options do you have as a tenant? Knowing your rights when your lease expires is important. To Stay or Not to Stay When a lease expires, the tenant is free to pack up and leave with no punishment. However, if the tenant is happy with the apartment and […]
· Mar 12, 2010
Not being able to find a lease guarantor is a big problem for some tenants who want to stay in high-rent areas but don’t have the required income. Strict income requirements are a reality, particularly in the pricier areas of big cities. Unemployed or underemployed tenants often feel the squeeze of a rental agreement that […]
· Feb 18, 2010
Anyone who has been asked to be a lease guarantor, or who is involved in a rental agreement including this third-party role, will want to know about what actually happens in this kind of lease agreement situation. The lease guarantor in a rental agreement is someone who vouches for the tenant. By signing onto the […]
· Feb 17, 2010
Renting a privately owned home carries many benefits that are superior to renting apartments and other multi-family units. If you have the choice between renting a home and renting an apartment, and the rent payment the homeowner wants is affordable, then you should rent the privately owned home. Here are just a few reasons why: […]
· Feb 16, 2010