Replace List from the House Lease Agreement

Aug 6th, 2022
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How to Replace List from the House Lease Agreement

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hey whats up my name is samuel leeds and in this video im going to be talking about lease option agreements now this is quite a technical video around lease option agreements im going to be talking about some of the pitfalls and the things that you need to really watch out for so if you dont even know what a lease option agreement is and youre brand new to property investing and creative strategies where you can buy houses using very very little of your own money then i would suggest that you go and check out the what at least option agreement is video that i did ill put a little card up where you can check it out ill also leave that in the description but if you understand what they are you get the big picture of them and youre more interested in the legalities and the pitfalls then this video might be for you so theres a few pitfalls of lease option agreements and im going to give you the pitfall but then im also going to give you the solution you see some property trainer

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If your lease expires, the landlord has to provide you with a 30-day, 60-day, or 90-day notice to leave, depending on how long youve been renting and if youre in subsidized housing. If youve been renting for less than a year, the landlord only needs to give you 30 days notice.
A landlord can use a 30 day-notice to end a month-to-month tenancy if the tenant has been renting for less than a year. A landlord should use a 60-day notice if the tenant has been renting for more than one year and the landlord wants the tenant to move out.
When Breaking a Lease is Legally Justified in California The Lease Contains an Early Termination Clause. The Tenant is a Service Member. The Rental Unit Violates the States Health and Safety Codes. You Are Harassing the Tenant or Violating Their Privacy Rights. Your Tenant is a Victim of Domestic Violence.
If you have a lease early termination clause, you can break your lease early in exchange for paying a penalty such as one months rent. If you do not have this clause and break your lease, you will be liable for your landlords damages.
Early lease termination fees are illegal in California. Lease clauses that force a tenant to pay a set amount for breaking a lease early are illegal in California. Civil Code section 1951.2 caps what a landlord can recover when a tenant breaks a lease.
California law allows landlord to change the terms of a month to month tenancy with proper notice. However, changing is not always as simple as just sending a notice.
For those tenants who wish to terminate their tenancy agreement before the FIXED TERM of their tenancy agreement has expired, this can only be done with the landlords permission and this will usually involve the signing of a new tenancy contract with a suitable replacement tenant and guarantor.
Landlords Responsibility to Re-Rent Their Unit ing to California law (Civil Code - CIV 1951.2), landlords must make reasonable efforts to re-rent their property if the tenant breaks the lease. If you can re-rent your unit successfully, the rent you receive from the new tenant will apply to the old ones debt.

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