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Tag Archives: lease contract

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?

short-term-vs-long-term-lease

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

benefits-of-a-longer-lease-agreement

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 […]

What are Rental Lease Addendums and How to Use Them

The rental agreement is the most critical document for landlords and tenants. That said, a lease involves many different clauses, addendums, and disclosures that each carries its own legal ramifications. In addition, essential components of a lease will vary based on location and the property’s specific needs. So, to thoroughly understand what these additions mean […]

What is Subletting? What Every Landlord Needs to Know

Finding the right tenant for your rental property could prove to be a tedious process. After going to all of that effort, what happens when the tenant skips town, leaving your apartment sublet to someone else? What could easily become a landlord’s worst nightmare is also an avoidable situation. Join us below as we explain […]

Pros and Cons of Offering Flexible Lease Terms

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In recent years, flexible lease terms have become more popular among landlords and Baltimore property management. Flexible terms give tenants more freedom and convenience while allowing landlords to charge more for their rentals. In this article, we’ll review the meaning of flexible lease terms, the pros and cons, and what to do if a tenant […]

Living in a Rental With a Short-Term Lease Agreement

short-term-lease-agreement

Whether you’re looking for a temporary home or long-term housing, it’s crucial to examine your lease agreement before moving. After all, getting into a long-term lease agreement can eliminate your ability to move quickly if necessary. On the other hand, a short-term lease agreement can provide more flexibility. So let’s go over the basics of […]