A well-written lease is more than a contract; it is a landlord’s defense against disputes. That said, not all rental agreements are created equal. While you can include a multitude of various clauses to suit your particular property, some leasing clauses are universal. Take a look below as we outline the most important lease […]
Tag Archives: lease contract
When your tenant requests an early lease termination, you find yourself in a precarious situation. Most tenants who sign a lease intend to stay for the full term. However, sometimes life happens, and early terminations occur. As with any written contract, breaching the terms within the lease does not come without consequences. That said, […]
Whether you are considering investing in rental properties or have an existing portfolio, managing those properties can be an overwhelming task. So, to help you in your investment endeavors, Bay Property Management Group has assembled a guide to property management tasks that every landlord should be familiar with. While this is not everything you […]
The way you structure your lease agreement is going to set the tone for the entire term of your Potomac tenants’ stay. In fact, the lease is often considered the crux of your entire rental property business. However, drafting your own lease agreement from scratch can be challenging if you self-manage your rental properties and […]
Drawing up an airtight lease from the very beginning is one of the most important things you and your Columbia, Maryland property management company can do. Doing this prevents any confusion amongst the parties regarding what is to be expected throughout the lease term, and helps to protect both property owner and tenant. If you […]
Discovering that an unauthorized person is living in your Montgomery County rental property can be a very stressful situation. It is your responsibility, as a rental property owner, to maintain the property that your tenants reside in. It is also your duty to ensure that whomever is living in your investment property is authorized to […]
Homeowners associations (HOAs) are gaining popularity all across the state of Maryland and property owners are flocking to purchase property that is part of an HOA. Take a look at this list to get an idea of just how many HOAs there are in existence right now, with additions consistently being made. So why […]
Once your Bethesda property management company has found a suitable tenant for your rental home, and you have agreed on the terms and conditions of the lease, it is time to place those terms on paper in the form of a legally binding contract.This contract, also known as the lease agreement, is a formality that […]
As a Washington, D.C. rental property owner, you agree to lease your rental home to tenants, for an agreed upon amount of time. This lease agreement establishes the relationship between landlord and tenant and many times involves the help of a D.C. property management company.With a signed lease agreement, the tenant receives legal possession of […]
An income property is not working for you if it’s empty. Getting the right tenants and ensuring they enjoy their stay is one of the responsibilities of a property manager. When tenants are satisfied, they are likely to recommend your place, not to mention that you will avoid the drama and save yourself some nerve […]