Monday, 14 November 2016
In the mean time educate yourself on some basics of a lease.
Many property owners and investors do not enjoy owning these investments because the reality they are facing on the ground is proving that managing property is in fact a serious headache. One common source of headaches is unpaid bills that some tenants do not clear before leaving the property. Other issues are defects that each and every tenant leaves on the property and at the end of the day this has an accumulated impact on the value of the property. Tenants too also complain about their rights being prejudiced many times when they rent property. Common complains are about unjustifiable increases in rent and some kind of ambushing by the landlords who come up with new terms for occupying their properties when ever they wish to do so. A solution to all these and whose effectiveness is far reaching is having a lease. I have therefore given below various characteristics of a lease and how they are a solution to various problems people face when renting property.