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Tag Archives: lease contract

Can You Cancel a Lease? Here’s Everything You Need to Know

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. In this article, we walk you through everything you need to know about lease cancellation, […]

What is the Difference Between a Lease and a Rental Agreement?

Entering into a lease is always a time to take a pause and think about what you are doing. Ultimately, it is a contract. Anytime you enter into a contract, it can be helpful to know just what exactly you are signing and what the terms are for what you are signing. Many people might […]

Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

There are so many types of leases. It can really get dizzying just trying to understand them all. People throw around these terms as if everyone knows exactly what they mean. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. For someone […]

How Can You Break Your Lease Without Penalty?

There are all kinds of reasons why someone would need to break their lease. Life gets in the way, right? It is a super big problem when the scenario arises. If you find yourself in that situation, one of the first questions you might ask yourself is: what are my options? How can you break […]

Benefits of Offering Month-to-Month Leases

Benefits of Offering Month-to-Month Leases

There are plenty of ways to offer flexibility to your tenants, whether you offer a shorter lease term, extra amenities, or a discounted rental rate. One of the most common ways to cater to a tenant’s renting needs while also benefiting yourself is by offering a month-to-month lease. Month-to-month leases are great for traveling tenants […]

What Happens if You Want to Break Your Lease?

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Lease agreements are legally binding contracts between landlords and tenants, typically lasting anywhere from six to twelve months, depending on the agreed-upon terms. This means a tenant is legally responsible for living in and caring for their rental property for the entire lease duration. However, that’s not realistic for all tenants. Sometimes, situations arise where […]

5 Mistakes You Could Be Making With Your Lease Agreement

The rental agreement is the most critical document to the success of a landlord-tenant relationship. However, many owners do not fully understand the legal implications of this document. As a result, some landlords opt for cookie-cutter leases that do not offer adequate protection instead of consulting a professional property manager or attorney. But ensuring the […]

5 Things to Include in Your Tenant Manual

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Finding a good tenant is only half of a landlord’s job. The other half is managing the property with the tenant in it, which can be a demanding task. To make it a bit easier, many property managers create a “tenant manual.” Even though the rental contract outlines most of the tenants’ responsibilities, a tenant […]

Short-Term vs Long-Term Lease: Which Is Better?

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There are several types of rental lease agreements to choose from. Most of the time, it depends on your level of commitment and what kind of rental home you’re looking for. For instance, if you’re temporarily relocating for work or going on an extended vacation, you may look for a short-term rental home. On the […]

Benefits of a Longer Lease Agreement for Landlords and Tenants

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When you move into a new rental home, you’ll sign a lease agreement stating the lease duration, rental rate, and essential information about the rental contract. Most lease agreements last 12 months, sometimes giving tenants a chance to renew at the end. On the other hand, if your move is temporary, you may look for […]