Tag: rental
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The 1st Right of Refusal to Purchase and Other Options
Tenants often invests a substantial amount in a leased property to adapt them to the needs. Due to this many times these tenants require option to preform these improvements. Like many other improvement investors, they do so by one of three payment methods. Also, during the years of operation, the tenant develops a reputation within…
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Wrongful Eviction Improvements Reimbursements
If a tenant is wrongfully evicted, they are entitling to the rental value of their improvements for the remainder of the unexpired lease or rental terms. If there were no reimbursement, the landlord has a windfall profit for their use of the tenants’ improvements until they normally return to the landlord at the expiration…
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Landlords Right to Entry
There are several circumstances in which a landlord may enter into a tenant’s dwelling space during the term of rental or lease agreement. The following are forms from Firsttuesday. They are downloadable and speak for themselves. Notice of Intent to Enter Dwelling https://journal.firsttuesday.us/forms-download-2/form567/ Right to Enter and Exhibit Unit to Buyers https://www.firsttuesday.us/course/Downloads/116.pdf Notice To…
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Leasehold Estates
As written about previously there are four types of tenancies: Whenever the landlord does not establish a tenancy and they do not transfer the right to occupy the real estate, which may be done orally, in writing or through their actions (this is called a grant) whoever takes possession of the property is a trespasser.…
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Leasehold Estates Leasehold estates are the result of the rights given to a tenant by the fee owner or someone with the authority to do so. These are created when the landlord and tenant enter into a rental agreement which gives possessory interest to the tenant. At that time the tenant becomes the owner of…
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