tenant
Handling Tenant Complaint When Electricity Shut Off
Not all landlord tenant complaint and issues need to be handled with a lawyer, some need some common sense understanding. Q: I recently purchased a nice four bedroom apartment in Miami. Many years ago, a former owner took two condominiums, …
Selling A Home As Tenants In Common
Selling a home as tenants in common can be difficult. When selling a home as tenants in common if the other tenant does not want to sell you may be forced to take legal action. Legal action to take when selling a home as tenants in common includes selling the other tenant in common and selling your share of the home. Work with a real estate agent when selling a home as tenants in common. Make sure you have homeowners insurance when selling a home as tenants in common.
Missed Property Taxes Result in Real Estate Problems for Co-owner
In an undivided interest, where people act as co-owners of a real estate property, all owners must pay their property taxes. If even some real estate co-owner do not pay their property taxes, the entire property may be seized. It is always important as a co-owner to have all the property taxes paid on your real estate and to have general knowledge of the laws regarding your property.
Majority of Property Owners Experiencing Higher Vacancy Rates
Majority of property owners experiencing higher vacancy rates. Seventy percent of property owners are experiencing higher vacancy rates this year. The vacancy rate has been above 10 percent since June 2009. A recent Rent.com survey looks at how property owners are coping with these trends and encouraging tenants to stay or move to their units.
Divorce Settlement Should Resolve Property Dispute
When you get divorced your divorce settlement should outline who gets what property and how it’s divided up. Property issues that can be resolved in a divorce settlement can include rental property or primary residence issues. If you and your ex-spouse own rental property together and one of you wants to sell, you must both agree or one of you must take on responsibility for the property on your own. If the divorce settlement didn’t clearly decide who owns the rental property and an exit-plan for it, you may need to involve lawyers.
Landlord Selling Investment Property To Renters
If you are a landlord, there are issues you may have to deal with if you sell investment property to renters. As a landlord, you should keep the mortgage lenders involved in the process because the lender may want to call the loan. In fact, the mortgage lender most likely has the right to call the loan if you, as a landlord, sell investment property to your renters.
1031 Exchange Helps Rental Property Owner Buy In Another State
Should you as a rental property owner who lives in California keep the building you own on the East Coast or do a 1031 exchange and buy a building in California. Ilyce explains the pitfalls of not being in the same state as the rental property you own, and suggests the 1031 exchange. The 1031 exchange will help you buy rental property nearby where you can keep an eye on your tenants.
Rental Property: Successfully Screen Tenants And Earn Money
Do you own rental property but have problems with tenant after tenant. A better screening process for tenants might help prevent you consistently losing money. You should also become a better landlord and understand how to deal with rental property and tenants by reading a few books on the subject.
Rental Property Damage: Hire Attorney Or Sue In Small Claims Court
A couple who owns rental property asks for advice on what to do about renters who signed a new contract and then moved out leaving significant damage. The couple could hire an attorney or sue them in small claims court for the rent and damages sustained to the rental property. They could also put a lien on the home the former tenants plan to buy, using a real estate attorney to help them do so.
Renter’s Contract And Landlord Agreement: Finding One Online
Landlords are looking for a simple contract form they can use for tenants who rent out their basement. There may be renter’s and landlord agreement contracts available online. Renter or landlord contract agreements may also be found at a local stationery store.
