Easily Hide Calculations from the Contract Rent

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How to Hide Calculations from the Contract Rent

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[Music] hello again everyone Im attorney Robert fleshes before you enter into a residential lease agreement as a tenant or if youre a landlord drafting a rental agreement to give to a tenant you really need to watch this video Im going to tell you about seven possible provisions that could be included in the lease that could be illegal rendering the entire lease void which means the lease isnt enforceable and if you find this video helpful please consider subscribing to my channel remember that every state has different landlord tenant laws but the seven contract terms that Im going to discuss in this video are probably illegal in most states the illegal terms that Im discussing do not impose criminal liability on the landlord first lets talk about the form of the lease many landlords download boilerplate leases from the internet in order to avoid paying attorney to prepare a valid and effective residential lease or to pay for a state-approved lease containing enforceable terms

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How does HUD figure your adjusted gross income?

Adjusted Income is defined as Annual Income minus any HUD allowable deductions. So, to calculate your Adjusted Income, you must first calculate your Annual Income, and then subtract certain amounts deemed deductible by HUD.

What is the ab 1482 just cause and rent limit exemption addendum?

What is a Notice of Exemption from AB 1482? A notice of exemption from AB 1482 is a notice that lets your tenants know that your rental property is exempt from AB 1482. This bill sets the maximum rent increase in California to 5% plus CPI, or at 10% (whichever is lower) per a 12 month period.

What is just cause in order to terminate a tenancy?

Just cause (or good cause) eviction policies promote residential stability by limiting the grounds upon which a landlord may evict a tenant; typically, allowable grounds for eviction include nonpayment of rent, intentional damage to the unit, or other material noncompliance with the terms of the lease before they

What is just cause protection?

Just cause eviction ordinances are a form of tenant protection designed to prevent arbitrary, retaliatory, or discriminatory evictions by establishing that landlords can only evict renters for specific reasons just causes such as failure to pay rent.

What is just cause for eviction in CA?

Under Just Cause, landlords may only evict tenants for enumerated reasons, such as nonpayment of rent or a tenants bdocHub of their rental contract. After a landlord serves and files a lawful Notice of Termination, the tenant is required to vacate their home by the date stipulated on that notice.

How do you calculate daily rent?

By the number of days in a year It works like this: take the monthly rent and multiple it by 12 to find the total yearly rent. Then divide the sum by 365 to determine the daily rent. Once you find the daily rent, you multiply it by the number of days the tenant will occupy the unit.

How does HUD calculate income from assets?

Market Value x Interest Rate = Income From Asset Example: A Certificate of Deposit (CD) has a market value of $10,000, cash value of $9,875, and earns interest at a rate of 5%. In this case, the HUD 50059 for the certification should reflect the CDs actual income as $500.

What is a just cause addendum?

Just Cause Eviction is a recent restriction passed into law by the California State Legislature that limits a landlords ability to terminate a lease for a tenant once that tenant has occupied the property for longer than 12 months throughout California.

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