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14 June 2024 | 17 replies
Some of the most basic information you will want to know during the tenancy are:1. periodic reports from the PM regarding inspection results, including pictures and notes2. periodic (e.g. monthly, quarterly) finance reports from PM3. lease terms of new or renewed tenantsThey should contact you about:1. major problems or concerns with the tenant or property that may warrant termination of the tenancy or non-renewal.
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14 June 2024 | 3 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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14 June 2024 | 5 replies
Some states' laws make it difficult for landlords to evict, and the month-to-month termination eviction is a much simpler way to evict.
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14 June 2024 | 2 replies
Please provide the necessary documentation no later than [DATE/TIME] or confirm your intent to terminate the current lease and vacate no later than [DATE/TIME]"That's a very simple example, but gives you an idea.I also recommend you make tenants responsible for improvements, that they be at tenant cost, and that installation and/or removal be done professionally with receipts as proof.
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18 June 2024 | 83 replies
But if one sees it from the larger ecosystem for example, let's say Tesla , created demand for nickel in the nickel-producing country to build the battery.
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14 June 2024 | 10 replies
To deny their application in that situation on the basis that the non-income-providing person does not make enough income or having good enough credit could lead to a FHA complaint.There are provisions that could be put in the lease agreement that the lease terminates if one of the tenants vacates during the tenancy, but you should consult your attorney about putting that into your lease.
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13 June 2024 | 7 replies
@Wesley Bryant how are you calculating your terminal value for the IRR?
13 June 2024 | 2 replies
I am interested in learning about my rights and options as a landlord to terminate my tenant's lease in preparation for putting my property up for sale.
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13 June 2024 | 7 replies
Add a short statement at the end outlining whatever you are changing, have all parties date and sign, and you are done.Example: "Landlord and Tenant agree to extend this lease for an additional 12 months with a new termination date of 12/31/2025 and a new rent rate of $1,950.00 per month."
14 June 2024 | 6 replies
@Raylynne S. most PMCs will terminate their contract, with little to no penalties, if an owner is truly going to reoccupy the property.