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Updated almost 9 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Gwynn Oak, MD
7
Votes |
21
Posts

Basement Unlivable Lease Clause

Account Closed
  • Real Estate Investor
  • Gwynn Oak, MD
Posted

Hi, I have tenants in the property already.  I made it so that the lease is not automatically renewable.  The current lease goes until October 2017, not a disappointment, but i do know that are ways to improve because of my experiences from these first few months.  I am working little by little to improve the content for when it is time to resign, whether it be the current tenants or new ones.  

Can i have some examples provided of a lease clause where it noted that an area is not a livable space?  The specific non livable area in the property is the basement.  I have been looking and researching, but have not been successful.

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,071
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28,065
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

They sound like problem tenants. I recommend you tell them - in writing - that they rented the home with an unfinished basement and it will stay that way. Then stop talking to them about it.

  • Nathan Gesner
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