Tags Posts tagged with "leases"

leases

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There is a general misconception that residential tenants may terminate their leases at will, without consequences or without any specific notice requirements. This simply isn’t true.

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I recently read about four young professionals who were able to rent a detached home together for less money than they would each have to pay for a one-bedroom apartment.

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The tenant walks away from the "binding" offer to lease. Can you save the deal? Taking these steps protects you from any surprise material issues popping up and ruining your supposed binding offer.

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A homeowner who stops paying mortgage payments is likely to experience swifter eviction and longer damaging financial repercussions than a renter who stops paying rent.

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Red hot real estate markets in the Greater Toronto Area, Vancouver and other Canadian centres are creating new opportunities not only for homeowners, but also for owners of condominium investment properties.

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Most leases require a tenant to obtain insurance that is consistent with the lease terms before they can enter a premises. Despite this fundamental prerequisite to enter, most tenants fail to meet the lease’s insurance provision.

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The legal marijuana business is booming and landlords are taking notice because these businesses have a solid cash flow and are able to pay a premium in rent. Make sure the following critical steps are taken to avoid risk.

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If organized real estate could get the ball rolling on this through their PAC, it would help everyone in the end. It would be an incentive for landlords to keep their units in good shape. Help increase property values.

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In what very well might be a record for living rent free, a recent case illustrates how a tenant was able to freeload for over 18 months despite agreeing to an order requiring him to vacate the unit.

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This clause is brutal to read and causes confusion. The common solution: ignore it and hope for the best! The problem: if you don’t deal with the confusion you are guaranteed mismanaged expectations, conflict and exploitation.