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How to Replace Smart Field to the Assessment Of Condition Of Rental Property

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this is real estate rookie episode 110. [Music] my name is ashley care and i am here with tony robinson and today is a rookie reply we have pulled a question from facebook for you guys uh that we are gonna go over tony what is todays question all right so todays question is and i have to look up who its from its from rhett miller um but rhetts posted in the real estate rookie facebook group how do you inform an inherited tenant of changes in ownership after you close on a property so uh all of my long-term rentals they came vacant all right i bought them vacant then we rehabbed them so ive never actually had to deal with inheriting someone elses tenant so ashley the queen of property managements tell us your your experience what do you think of this im not sure if i actually hold that title but um between me and you i will take it so i for the first thing is uh something that can come up is when an investor or anybody is selling a property they may not want the tenants to know

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How to do an analysis for a rental property?

How to Quickly Analyze Potential Rental Properties Import Available Property Data From Public Records. Customize Your Financing, Closing Costs, Rent, and Expenses. View Projected Cash Flow, Investment Returns, and Long-term Projections. Put Together an Offer Based on Your Target Investment Criteria.

How much notice does a landlord have to give a tenant to move out in Florida?

A Florida landlord can terminate without cause a month-to-month tenancy by giving the tenant a written notice at least 15 days before the end of the monthly period. The notice must inform the tenant that the tenancy will end in 15 days and that the tenant must move out of the rental unit by that time.

What terms and conditions should be on rental agreement?

Its good practice for a written tenancy agreement to include the following details: your name and your landlords name and the address of the property which is being let. the date the tenancy began. details of whether other people are allowed the use of the property and, if so, which rooms.

What makes a tenancy agreement legal?

The terms of the tenancy must be fair and comply with the law. Your tenancy agreement cannot have anything in it that may indirectly discriminate against you. Get legal advice before signing an agreement if youre unsure of any terms. Once youre happy with it, sign the agreement and get a copy of it.

What document is proof of tenancy?

One or more of the following are acceptable as proof of tenancy: your tenancy agreement. a letter from your landlord. your rent book.

What makes a tenancy agreement invalid?

Examples of unfair terms in tenancy agreements require the payment of rent even if the property becomes uninhabitable, for example destroyed by fire. force the tenant to pay the landlords costs in a court case which the landlord has lost and the tenant has won. unreasonably restrict the tenants right to assign.

What is a legal document spelling out the conditions of the rental agreement?

A lease agreement is a legal document outlining the rental terms for either a commercial or residential property between the property owner, also known as the landlord or lessor, and the renter, also known as the tenant or lessee.

Does landlord have to pay for alternative accommodation California?

The landlord is not required to look for or pay for the tenants temporary housing. If the property is only partly inhabitable, the tenant has the option of remaining there while repairs are made. Tenants should only consider doing this if the damage is minor and there are no longer any safety concerns.

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