Tuesday, August 28, 2007

Understanding Landlord Issues of Cotenants, Sublets, and Lease Assignments

Landlords are faced with different circumstances and issues nearly every day. Some of them are as simple as what color should the walls be painted. Others like deciding whether or not to raise the rent for a good tenant are little more difficult to make. Sometimes, we face certain lease issues like subletting or lease assignments, we’ve never experienced before.
No matter what kind of arrangement your tenants are asking of you, you’ll still want to be well prepared and informed of your rights as a landlord. Make sure you have written documentation of all promises and agreements. Here is a quick breakdown of some common lease arrangements that you may run into as a landlord.
Cotenants
For those of you out there that are not sure what exactly is con View the rest of this article


No comments: