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Updated 6 months ago on . Most recent reply
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Adding tenant to lease
Has anyone added a tenant to an existing lease? If so did you raise the rent? By how much? Or kept rent the same? Added new terms and conditions?
my tenant wants to add the significant other to the lease. I think they are doing this so they are not in lease violation by having another adult staying there.
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I wouldn't necessarily say you would need to increase the rent, unless the lease is already coming up on renewal and is due for an increase anyway.
If you have a general application, have the incoming tenant just submit an application that way you can still ensure that they meet the criteria whether it be credit, background,etc...
Then just make an addendum that adds them to the lease, upholds them to the same standards of the other tenant, and also makes them equally responsibility for making rent payments on time.