Additional Rental Space

[Samuel Girouard]

Hello everyone,

I have a Tennent who I recently kept from the previous owner, he has been renting for the past 5 years. He is a landscaper and plow truck driver with multiple workers and equipment under him. He previously had been renting the unit and using the back yard space as a storage space for work equipment, this was a large portion of the parking area and yard about a 25'x 45' area. After closing on the building and slowly making changes in rent and utilities, I have gotten this area down to a 20'x10' tent that I am willing to allow him to keep. I have spoken to him about an extra charge and he is aware of rules being set for the space. After doing research in my area, storage prices are around $200 a month for this type of space. I'm wondering if there are any types of signed agreements out there or if anyone has a similar agreement with there tenants, what to look out for and what to be aware of.

Thanks,

Sam