When you enter a lease agreement, not only must you pay rent, but you may also need to pay a security deposit. The security deposit serves as collateral in the case that you owe the renter money once…
When a tenant enters into a lease, he is often required to provide a security deposit. This down payment is held by the landlord to pay for future repairs to fix damage in excess of normal wear and…
A rent-to-own home is a lease agreement with an option to buy. The procedure involved in entering into such an agreement is a combination of the rental and home purchase processes. In a rent-to-own…
Written leases become effective and legally binding upon execution. Once both parties to a lease agreement -- a landlord and tenant -- sign a lease, the lease becomes duly binding absent fraud, duress…
The Internal Revenue Service considers the sale of capital assets, including rental houses, as a taxable event for the seller. Rental home sellers will owe capital gains on their earnings if they turn…
A rental lease is advantageous to both landlord and tenant. It provides the security of rental income for the homeowner and a guaranteed place to live for the tenant, as long as all clauses of the…
If the home or apartment of your dreams has turned into a bona fide real estate nightmare and you are simply renting, then you may be wondering whether or not you can break your lease. This can be…
A wall can be a great way to divide up space in an apartment, particularly if you want to add an extra room or divide the kitchen from the living room. However, building a full-fledged wall in an…
California landlords must comply with the California Property Code. The code establishes the respective rights between California landlords and tenants. California tenants who become unemployed have a…
Squatters occupy a property without permission. Many properties in foreclosure or that are unable to sell through foreclosure auction are abandoned and thus susceptible to squatters. If you purchase,…
Depreciation is a tax process that allows you to recover the costs of your investment in rental property over time. As a landlord, you can depreciate many of the expenses you incur as a result of…
Owing your landlord rent can cause an uphill legal battle. Landlords create lease agreements to ensue that they receive a certain amount from tenants each month, but occasionally, a tenant will ignore…
If you're renting a home, there's always a chance the owner might sell it. If this occurs, the homeowner is required to give you notice of the sale in most states; this is true of rental homes and…
If you have an immediate interest in buying a home in Georgia, you may opt for a short-term rental until you find your dream home. However, you may already be locked into a long lease when you close…
Often, when a lease agreement ends, the tenant wants to stay in the rental property. Landlord and tenant laws may require a landlord to renew a lease agreement for a responsible tenant, but state laws…
A deed in lieu of foreclosure is a document the owner of a property gives to his lender releasing his interest in the property. The result is the same as a foreclosure, except the legal action does…
Renting out a room of your home carries all the legal requirements of a landlord managing a large property, including property maintenance and respect for tenant privacy. You should carefully weigh…