Showing posts with label renting properties. Show all posts
Showing posts with label renting properties. Show all posts

Monday, December 10, 2012

Is it legal to change the name on the contract of a rented property?

Q. I am currently living in Melbourne, Australia and have a 6 month lease on my student apartment. I heard from some friends that they have changed the name on their contracts to someone else's name for various reasons, such as moving away, or finding a better place elsewhere. My question is, is this legal for all rented properties, or is it up to the management to allow that?

A. It is legal only if both parties agree to it. It legally can't just unilaterally be done by the renters. BUT it often is, and as long as the rent gets paid, most landlords don't object.


Tennessee: What is the requirement for a landlord to enter rented property?
Q. I recently began renting a property in Tennessee. When I walk in, my landlord is there, painting, or doing some other kind of repair. What are my rights, and what can I do to prevent him from just entering at his own will?

A. Basically, a landlord is only authorized to enter your rental property without asking permission when he/she feels his property is in jeopardy. (the tenant downstairs has water coming through her ceiling...he could enter your apartment to find the source of the leak, etc.) If he intends to paint, or do a repair which is not causing damage to his property, he is supposed to tell you of his intent ahead of time....
You can go to www.ohmyapartment.com and click on the right hand column ("Renter's resources"), There are many landlord/tenant answers there~ In the intrim, I think I would tell him that you would prefer that he let you know ahead of time when he needs to enter your apartment (for non-emergency stuff) and that it makes you nervous to come home and find someone there...


What is the average insurance to run a home day care in San Diego, Ca? What about on rented property?
Q. I know that opening a daycare on someone else's property is a liability, but possible. Is there extra insurance needed? Do you talk with your landlord prior to renting the property? My father owns an apartment complex, and he said 'No way Jose' if one of his tenants would come to him with this proposition.

How much is the average home day care insurance in San Diego, Ca?
Thanks!

A. Probably tons of insurance. You also need to check for zoning regulations!!


What is the correct term for a land lord, or somebody who rents properties?
Q. Im looking for the correct term for a landlord, or somebody who invests their money into buying property and then renting these properties out? Would i be right in saying property developer? please help

A. There are a number of terms.

In legal jargon the "landowner" is known as the "freeholder" and to give it an archaic term he owns the land "in fee simple" (absolute ownership with no restrictions). If he grants a lease to someone, he is known as the "lessor" and the person renting is the "lessee".

A property developer normally buys a property, improves it but sometimes then sells it. He doesn't necessarily have to rent it out afterwards although often will.





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Saturday, December 8, 2012

What is the correct term for a land lord, or somebody who rents properties?

Q. Im looking for the correct term for a landlord, or somebody who invests their money into buying property and then renting these properties out? Would i be right in saying property developer? please help

A. There are a number of terms.

In legal jargon the "landowner" is known as the "freeholder" and to give it an archaic term he owns the land "in fee simple" (absolute ownership with no restrictions). If he grants a lease to someone, he is known as the "lessor" and the person renting is the "lessee".

A property developer normally buys a property, improves it but sometimes then sells it. He doesn't necessarily have to rent it out afterwards although often will.


Is it wise to buy rental property to make income when you yourself still rent an apartment?
Q. Me and my fiancée rent an apartment. We want to get into owning and renting property. Have found some good deals that we could buy then turn around and rent them out. (Not places we would want to live in for space reasons) Is this a good idea to do while we are still renting ourselves?

A. If you screw it up they can't come and take your house. If you are looking at it as a business then I don't see why not. May people spend thousands of dollars investing in something for a return over time. I guess it's no different than buying a lawn tractor and mowing lawns. It is beneficial to know a bit about home ownership before you rent a home to tenants. You aren't going to have the apartment manager to call if something is broken.


How much does it cost for a single person to rent a property in Ankara?
Q. Other than Istanbul and Ankara, which area/town is cheapest for renting property in Turkey?
How much would it cost to rent a one-bedroom property per month?
What are rules and regulations regarding property rentals?
Thanks...

A. the rental leases in Turkey are done for one year minimum.

depending on the neighborhood and the physical condition of the facilities rent vary from one placer to another.

I assume you can rent a flat in BALGAT area of Ankara in return for 500 TL a month. (If you'd like to stay in Balgat district, that's another question)

The Bala province of Ankara is also cheap but a little distant


Who is responsible for allowing a landlord leasing property illegally?
Q. In the city I live in before leasing or renting property the landlord/owner suppose to have the property inspected prior to moving in. When that's not done they suppose to be fine or possible jail time. Who is respondsible when no action have been taken? How can I make sure he is held responsible for his neilgence and reckless of someone safety and health. Can I hold the city responsible for allowing him to continue leasing unsafe property? Who should I contact and How do I make sure he is held respondsible?

A. The tenant is responsible for protecting their own rights. The tenant should have filed complaints with the city building or housing inspector during the tenancy. If your tenant rights were violated, you can sue the landlord in small claims court for your damages. It may be difficult to prove after the tenancy though.

You can file a complaint with the city. What action the city takes is up to the city. If the city knowingly did not enforce it's building codes, I suppose you could sue the city for negligence. However, you can't hold the city responsible for something it was unaware of.

Good luck!





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How much does it cost for a single person to rent a property in Ankara?

Q. Other than Istanbul and Ankara, which area/town is cheapest for renting property in Turkey?
How much would it cost to rent a one-bedroom property per month?
What are rules and regulations regarding property rentals?
Thanks...

A. the rental leases in Turkey are done for one year minimum.

depending on the neighborhood and the physical condition of the facilities rent vary from one placer to another.

I assume you can rent a flat in BALGAT area of Ankara in return for 500 TL a month. (If you'd like to stay in Balgat district, that's another question)

The Bala province of Ankara is also cheap but a little distant


Who is responsible for allowing a landlord leasing property illegally?
Q. In the city I live in before leasing or renting property the landlord/owner suppose to have the property inspected prior to moving in. When that's not done they suppose to be fine or possible jail time. Who is respondsible when no action have been taken? How can I make sure he is held responsible for his neilgence and reckless of someone safety and health. Can I hold the city responsible for allowing him to continue leasing unsafe property? Who should I contact and How do I make sure he is held respondsible?

A. The tenant is responsible for protecting their own rights. The tenant should have filed complaints with the city building or housing inspector during the tenancy. If your tenant rights were violated, you can sue the landlord in small claims court for your damages. It may be difficult to prove after the tenancy though.

You can file a complaint with the city. What action the city takes is up to the city. If the city knowingly did not enforce it's building codes, I suppose you could sue the city for negligence. However, you can't hold the city responsible for something it was unaware of.

Good luck!


How much would it cost to rent a one-bedroom property in Sofia, Bulgaria?
Q. Please advise me: How much would it cost to rent a one-bedroom property in Sofia? How much rent in advance or deposit are the landlords allowed to ask for when renting property.
Thanks.

A. .Varies between 190 to 330 euros per month in Sofia. Depends on location.In some cases the rent includes heating.As it's very cold in Winter


What kind of jeporady do we have for a house being rented through a property mgr. to a 3rd. party?
Q. Can we rent to 3rd. party directly?The payment made to property guy is not going to mortage company we owe.2mths. behind.Contact can not be made with prop.guy,at business,home.3 years of renting property.How long before mortage company steps in.

A. you cannot find the owner? contact the county recorder's office.

or the tax accessor's office. they know where he is. YOU can sublet,
yes. but if anything is remiss, it can bite you; the tenant can sue you
if he is throw out while paying properly.

INVITE no one into a den of inequity





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Wednesday, December 5, 2012

Is it legal to change the name on the contract of a rented property?

Q. I am currently living in Melbourne, Australia and have a 6 month lease on my student apartment. I heard from some friends that they have changed the name on their contracts to someone else's name for various reasons, such as moving away, or finding a better place elsewhere. My question is, is this legal for all rented properties, or is it up to the management to allow that?

A. It is legal only if both parties agree to it. It legally can't just unilaterally be done by the renters. BUT it often is, and as long as the rent gets paid, most landlords don't object.


Tennessee: What is the requirement for a landlord to enter rented property?
Q. I recently began renting a property in Tennessee. When I walk in, my landlord is there, painting, or doing some other kind of repair. What are my rights, and what can I do to prevent him from just entering at his own will?

A. Basically, a landlord is only authorized to enter your rental property without asking permission when he/she feels his property is in jeopardy. (the tenant downstairs has water coming through her ceiling...he could enter your apartment to find the source of the leak, etc.) If he intends to paint, or do a repair which is not causing damage to his property, he is supposed to tell you of his intent ahead of time....
You can go to www.ohmyapartment.com and click on the right hand column ("Renter's resources"), There are many landlord/tenant answers there~ In the intrim, I think I would tell him that you would prefer that he let you know ahead of time when he needs to enter your apartment (for non-emergency stuff) and that it makes you nervous to come home and find someone there...


What is the average insurance to run a home day care in San Diego, Ca? What about on rented property?
Q. I know that opening a daycare on someone else's property is a liability, but possible. Is there extra insurance needed? Do you talk with your landlord prior to renting the property? My father owns an apartment complex, and he said 'No way Jose' if one of his tenants would come to him with this proposition.

How much is the average home day care insurance in San Diego, Ca?
Thanks!

A. Probably tons of insurance. You also need to check for zoning regulations!!


What is the correct term for a land lord, or somebody who rents properties?
Q. Im looking for the correct term for a landlord, or somebody who invests their money into buying property and then renting these properties out? Would i be right in saying property developer? please help

A. There are a number of terms.

In legal jargon the "landowner" is known as the "freeholder" and to give it an archaic term he owns the land "in fee simple" (absolute ownership with no restrictions). If he grants a lease to someone, he is known as the "lessor" and the person renting is the "lessee".

A property developer normally buys a property, improves it but sometimes then sells it. He doesn't necessarily have to rent it out afterwards although often will.





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