Merge Lease/Rental Agreement fast and easy

Straightforward instructions on the way to Merge Lease/Rental Agreement

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How to Merge Lease/Rental Agreement

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In this video, the speaker, Sue Ricci, co-founder of Ricci Property Management, emphasizes the importance of having a comprehensive rental lease agreement to avoid future issues. She outlines five critical lease clauses that landlords should include to protect themselves. Viewers are encouraged to review and update their rental lease agreements regularly, ideally within the last year or two. The video promotes subscribing to the channel for more landlord tips and tricks, with new content released every Wednesday.

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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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What does blended rent mean?

Blend and extend is a phrase that refers to the concept of extending a tenants lease term and blending the current rental rate with a newly negotiated rate. Blending and extending is generally considered a win-win situation because it can benefit both tenants and landlords.

How to do a blended rate?

Blended Rate Formula To calculate the blended rate, sum the interest rate times the loan amount of each loan, then divide by the total number of loans, and finally divide by the average loan amount.

How do you break up with someone when you lease together?

If you both plan to move out of the apartment and you have to break the lease youll likely lose the security deposit. If you both paid half then theres no problem. But if one person paid the entire deposit, the other person should reimburse them half of what was lost.

Can there be two leases at the same time?

A concurrent lease is one that will run at the same time as another lease of the same premises and the tenant of the concurrent lease will acquire the rights and duties of the landlord in relation to the other lease.

Can I be a guarantor for two rented properties?

A guarantor can be used for multiple tenants, however, a tenant cannot have more than one guarantor.

What a landlord Cannot do in California?

Tenants cannot be evicted for making a complaint against the landlord or for anything discriminatory. Under the Fair Housing Act, its illegal for landlords to discriminate against a prospective tenant based on sex, race, color, national origin, religion, familial status, or disability.

Can you be on two leases at once in California?

As long as you can pay the rent, fees, and utilities for both locations, you should be able to lease two apartments at once.

What is a blended rental rate?

A blended rate is an interest rate charged on a loan that represents the combination of a previous rate and a new rate. Blended rates are usually offered through the refinancing of existing loans that are charged a rate of interest that is higher than the old loans rate, but lower than the rate on a brand-new loan.

What is a blend and extend?

A blend-and-extend mortgage is when you take your current mortgage rate and combine it with a new one. Youre technically keeping your existing mortgage but extending the term and getting an interest rate thats somewhere between your old mortgage rate and current rates.

Can I live with my boyfriend without being on the lease?

Can someone live with you without being on the lease? Yes, someone can live with the tenant without being on the lease. However, it is important to distinguish the difference between a guest and a long-term guest.

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Merge Lease/Rental Agreement