Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Give me a break! to some of the posters here who are acting as if one needs a PH.D to become a LL.
I already have a career, and its not being a LL.I am simply renting out my condo, like so many people do all over the country, as a side/way to cover expenses. There are many people for whom this is not their main career. If I offended you, my apologies, but come off your high horses, the arrogance in the replies from some of you is nauseating, please.For those posters offering their advice on what they would/ would not do (Yes , I know its not legal advice, I m not asking for that!), I thank you for your time, I am grateful.
Give me a break! to some of the posters here who are acting as if one needs a PH.D to become a LL. I already have a career, and its not being a LL.I am simply renting out my condo, like so many people do all over the country, as a side/way to cover expenses. There are many people for whom this is not their main career. If I offended you, my apologies, but come off your high horses, the arrogance in the replies from some of you is nauseating, please.For those posters offering their advice on what they would/ would not do (Yes , I know its not legal advice, I m not asking for that!), I thank you for your time, I am grateful.
This is precisely the reason people here are urging you to consult with an attorney.
It has nothing to do with being on a high horse.
edit:
This of it this way:
It's like someone who needs help with expenses, so they decide to sell pies out of their kitchen, without bothering to look up their local food selling/handling laws.
Perhaps they are in a state that completely bans sales of perishable items anywhere outside of industrial kitchens. Or they're in a state that requires a food handlers license to sell any food at all. Perhaps the state has packaging laws. Or laws about preservatives, etc...
Say one customer person complains about a hair they found in the pie, and then the health department shows up, and cites the baker for dozens of code violations, each with it's own several-hundred-dollar fine? Or what if the home baker sells one pie and someone claims food poisoning and sues the poor baker? What if, after some complaints, the city shows up and deems the whole endeavor illegal, slapping the poor baker with loads of fines? It could get very ugly for the baker & no legal/state entity will accept the bakers ignorance of local laws as a defense.
Its not always a simple or easy as it may outwardly appear. Forgive me if I sound arrogant, but you're dealing with selling people living space, which happens to be a business thick with laws in most places.
In a perfect world, you could probably be a landlord without ever getting legal advice because your tenants would always pay their rent on time, leave cheerfully at the end of the lease, and leave the place in immaculate condition. But unfortunately we live in the real world where this rarely happens.
First, why in the world would you require anyone to sign a 2 year lease? Do you expect no one's life but yours will change in 2 years time?
You have been given plenty of notice so what exactly is the issue with making it a 1 year lease?
You may want to double check on the credit bureau threat as well and ANY DOCUMENT can be "modified" AFTER it is signed.
Let the girl out of her the lease unless you want her husband living with her above you OR you want a really bad renter for the next almost 2 years.
What makes you think she had any idea that they would be looking to buy a home soon? Maybe he just proposed marriage to her or just asked her if she would like to start looking for homes to purchase in a year, which gives them a year to find the perfect home. You have no idea when the home buying topic came up between them and it is a great assumption on your part to think she knew about this before the lease was signed. It also does not really matter what you believe, what matters is that you are setting yourself up for the renter from hades and doing it voluntarily.
Last edited by Marka; 07-16-2013 at 12:40 PM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
