We are coming to the end of a three year lease (and also a 'one year' before that). Never any problems with rent or anything. I believe the landlord may either be planning to raise the rent or possibly not renew to move his son's family in. Does he have to give us any sort of written notice prior to the end of the lease of what his intentions are, and how long? We have asked but he said he is unsure atm...four months to go. Florida rental/lease question?
Florida law: He does not need to give you advanced warning of his intention on renewing or terminating unless such provision is outlined in your lease. He does need to give you a 15 day notice to vacate once your lease is up.
http://www.flsenate.gov/statutes/index.c鈥?/a>
Florida rental/lease question?
The lease may indicate what notice if any he should give. If you are required to give certain notice then I think you should demand the same notice period from him. In any case, it sounds like your spidey-sense is tingling - i'd start looking for another place to live.
What does your lease state regarding notice to terminate?
Florida landlord/tenant laws require a 60 day notice to terminate a fixed term lease.
E. If the landlord plans to not renew a lease, he/she must notify you in writing.
1. A 1-year lease requires 60-day notice
2. A 3-month lease requires 30-day notice.
Sunday, August 22, 2010
Are there always residuals for every year of a rental lease? (office space)?
The listing agreement that I have says that the realtor gets a percent of the first years lease rent and thats it. Someone else told me that there are other residuals that are to be receieved by the realtor for rentals in the commercial real estate besides the regular comission for every other year for the term of the lease...is this true? if so how is that figured out?Are there always residuals for every year of a rental lease? (office space)?
I think annual residuals on subsequent years would only be paid out to the agent ONLY IF they also take over the management of the property i.e. processing rent pymts, maintenance and other tenant issues. In which case, the mgmt fee would be roughly btw 3-5% of gross rents collected.
I think annual residuals on subsequent years would only be paid out to the agent ONLY IF they also take over the management of the property i.e. processing rent pymts, maintenance and other tenant issues. In which case, the mgmt fee would be roughly btw 3-5% of gross rents collected.
How long does it normally take to put a house on MLS for rental leasing by a leasing company?
I bought a house and hired a leasing company to put it on rent. It has been 4 days but I have not recieved any make ready bid or pictures. They say they are working on it.
How long does it usually take a leasing company to do the initial tasks and get the house on MLS/rent ? What is your experience?How long does it normally take to put a house on MLS for rental leasing by a leasing company?
1 day, or immediately. all depends on when your agent actually signs on and lists it. its not a hard task- just takes the effort of the agent to actually do it-5 minutes of their time.
But keep in mind -I used to be in the buisness and this is 100% illegal but 99% of agents will hold off for 2 or 3 days just to see if they cant rent/lease or sell the place themselves- only because if they are able to without the help of mls- then they get 100% commission rather than splitting the commision with someone else who would bring around the renter or buyer....
either way hope nobody gets mad at me for lettin out their
secrets- but im sure your home will be on mls and be leased soon enough. patience is a must during thi slow market.How long does it normally take to put a house on MLS for rental leasing by a leasing company?
If the agent is eager ot get it listed, they would put up the text version, within the same day, and upload the photos the next day.
I hope this helps. Good luck!
How long does it usually take a leasing company to do the initial tasks and get the house on MLS/rent ? What is your experience?How long does it normally take to put a house on MLS for rental leasing by a leasing company?
1 day, or immediately. all depends on when your agent actually signs on and lists it. its not a hard task- just takes the effort of the agent to actually do it-5 minutes of their time.
But keep in mind -I used to be in the buisness and this is 100% illegal but 99% of agents will hold off for 2 or 3 days just to see if they cant rent/lease or sell the place themselves- only because if they are able to without the help of mls- then they get 100% commission rather than splitting the commision with someone else who would bring around the renter or buyer....
either way hope nobody gets mad at me for lettin out their
secrets- but im sure your home will be on mls and be leased soon enough. patience is a must during thi slow market.How long does it normally take to put a house on MLS for rental leasing by a leasing company?
If the agent is eager ot get it listed, they would put up the text version, within the same day, and upload the photos the next day.
I hope this helps. Good luck!
How can i get out o a rental lease?
Your lease will stipulate any remedy for breaking a rental agreement. Don't expect it to be cheap.
If you break your lease, your landlord can come after you for the remaining balance of the lease agreement. Say you have a 12 month agreement and you have only lived there 7 months ... you are still legally obligated for the rent for the remaining five months, plus any legal fees involved for having to take you to civil court for abandoning the property.
Check your state landlord/tenant laws and consult a lawyer. If you are taken to court over this, you'll probably need one.How can i get out o a rental lease?
read your lease---there is almost always an ';out'; clause.
you will have to pay a penalty or the remainder of the contract or ??? ---each lease is different.
just a note---when you do leave, make sure your place is clean and take pics so that u have proof of clean and no damages.
good luck :)How can i get out o a rental lease?
You generally can't ';get out'; without some sort of arrangement or penalty from your landlord. Your landlord IS required to mitigate their losses and try to find a new tenant right away though. You will more than likely be responsible for rent until a new tenant moves in along with any penalty or fee that your lease requires.eyeshadow coupons
If you break your lease, your landlord can come after you for the remaining balance of the lease agreement. Say you have a 12 month agreement and you have only lived there 7 months ... you are still legally obligated for the rent for the remaining five months, plus any legal fees involved for having to take you to civil court for abandoning the property.
Check your state landlord/tenant laws and consult a lawyer. If you are taken to court over this, you'll probably need one.How can i get out o a rental lease?
read your lease---there is almost always an ';out'; clause.
you will have to pay a penalty or the remainder of the contract or ??? ---each lease is different.
just a note---when you do leave, make sure your place is clean and take pics so that u have proof of clean and no damages.
good luck :)How can i get out o a rental lease?
You generally can't ';get out'; without some sort of arrangement or penalty from your landlord. Your landlord IS required to mitigate their losses and try to find a new tenant right away though. You will more than likely be responsible for rent until a new tenant moves in along with any penalty or fee that your lease requires.
Is it illegal for a rental leasing agent to list a home as 4-bedroom when public records list as 3 bedroom?
In my area it is very common for public records to be wrong. If the leasing agent is wrong then he wasted his time and yours. It was a mistake. No one has broken a law.Is it illegal for a rental leasing agent to list a home as 4-bedroom when public records list as 3 bedroom?
Does the home have four bedrooms?
Then it's not illegal.
Even if it only has three bedrooms, it could simply be an honest mistake on the part of the agent. Why so quick to assume they're being deliberately deceptive? What point would that serve, anyway? If it actually only has three bedrooms, then anyone who went to look at it would figure that out pretty quickly.Is it illegal for a rental leasing agent to list a home as 4-bedroom when public records list as 3 bedroom?
Public records are notorious for being wrong on property characteristics.
No since the leasing agent uses the facts as supplied by the owner.
Well, is it a 4BR or not? Frequently, it's the ';public records'; that are wrong.
lets just call it a mistake. move onto next rental.
Does the home have four bedrooms?
Then it's not illegal.
Even if it only has three bedrooms, it could simply be an honest mistake on the part of the agent. Why so quick to assume they're being deliberately deceptive? What point would that serve, anyway? If it actually only has three bedrooms, then anyone who went to look at it would figure that out pretty quickly.Is it illegal for a rental leasing agent to list a home as 4-bedroom when public records list as 3 bedroom?
Public records are notorious for being wrong on property characteristics.
No since the leasing agent uses the facts as supplied by the owner.
Well, is it a 4BR or not? Frequently, it's the ';public records'; that are wrong.
lets just call it a mistake. move onto next rental.
Rental lease until June, 1 mo. security if i move out in April can i be sued fro the past months i did not pay?
Most leases have a clause to terminate. Some require as little as a 30 day notice and you have to forfeit one month's rent. So, if you lucked out, you may be able to give a notice in March/April (whichever is appropriate) and only have to pay for May's rent even though you won't be living there. Some require a notice and you to pay the remainder of rent. Check your lease.
Security deposits are held differently than rent. By law, deposits are held in different types of trust accounts, so you can only use the deposit as a month's rent if the landlord agrees. If you're renting from a corporation, you can't do it. So you will have to pay for whatever time is in your lease, then wait for the security deposit to be returned to you.Rental lease until June, 1 mo. security if i move out in April can i be sued fro the past months i did not pay?
Yes. They can (and will) sue you for the months that you did not inhabit the property up until the end of the lease. They can (and will) hold your security deposit. They can (and will) also charge you incredible amounts of money for things like administrative fees, court fees, late fees, interest fees, and writ fees.
I would think your best bet is to stay until June if it's at all possible. The unfortunate thing about leases is that they are full of loopholes that benefit the landlord and/or property owner. Of course they tell you that you can end your lease early if you pay a bit more, or you can go on a month to month basis but what they don't tell you is all the things that they can charge you for if you choose to terminate your lease early.
I know plenty about this situation considering I'm going through the same thing right now. Trust me, the headache isn't worth it if you can avoid it.
I'd vote that you stay until the end of your lease.Rental lease until June, 1 mo. security if i move out in April can i be sued fro the past months i did not pay?
how can you do that, and there are hundreds of people they do the same.why not you put yourself in the landlord shoes and think about it. if you use the facility and lived there with a mutual agreement then why and how you are breaking the rule.definitely landlord can sue you . not only that ,you may go through so many more time and Energy consuming process,you can be burden financially too. always try to do right thing.what you do not want or like for yourself how can you think to do for others?
Yes, you can. If you signed a lease, it requires you to pay for the entire period of the lease. You can get out of paying part of it if the landlord re-rents the home during the period of the lease, though.
yes you owe any monies due to the landlord for the months you lived there and did not pay...and the landlord can hold you responsible for the rent until the lease is over if the breaking of the contract was not agreed upon..
not only they will sued you you will have a hard time renting
anywhere in the future a rental document is a legal contract
they will take you to court you will have to pay court costs and attorney fees
Of course. You can be sued for any money your failed to pay during your lease term.
Security deposits are held differently than rent. By law, deposits are held in different types of trust accounts, so you can only use the deposit as a month's rent if the landlord agrees. If you're renting from a corporation, you can't do it. So you will have to pay for whatever time is in your lease, then wait for the security deposit to be returned to you.Rental lease until June, 1 mo. security if i move out in April can i be sued fro the past months i did not pay?
Yes. They can (and will) sue you for the months that you did not inhabit the property up until the end of the lease. They can (and will) hold your security deposit. They can (and will) also charge you incredible amounts of money for things like administrative fees, court fees, late fees, interest fees, and writ fees.
I would think your best bet is to stay until June if it's at all possible. The unfortunate thing about leases is that they are full of loopholes that benefit the landlord and/or property owner. Of course they tell you that you can end your lease early if you pay a bit more, or you can go on a month to month basis but what they don't tell you is all the things that they can charge you for if you choose to terminate your lease early.
I know plenty about this situation considering I'm going through the same thing right now. Trust me, the headache isn't worth it if you can avoid it.
I'd vote that you stay until the end of your lease.Rental lease until June, 1 mo. security if i move out in April can i be sued fro the past months i did not pay?
how can you do that, and there are hundreds of people they do the same.why not you put yourself in the landlord shoes and think about it. if you use the facility and lived there with a mutual agreement then why and how you are breaking the rule.definitely landlord can sue you . not only that ,you may go through so many more time and Energy consuming process,you can be burden financially too. always try to do right thing.what you do not want or like for yourself how can you think to do for others?
Yes, you can. If you signed a lease, it requires you to pay for the entire period of the lease. You can get out of paying part of it if the landlord re-rents the home during the period of the lease, though.
yes you owe any monies due to the landlord for the months you lived there and did not pay...and the landlord can hold you responsible for the rent until the lease is over if the breaking of the contract was not agreed upon..
not only they will sued you you will have a hard time renting
anywhere in the future a rental document is a legal contract
they will take you to court you will have to pay court costs and attorney fees
Of course. You can be sued for any money your failed to pay during your lease term.
Anyway to break a rental Lease?
We just moved in a triplex, and sadly did not relize that the house is infested with Mice and ants. we Also sadly signed a 1yr lease on the crap shack that is our house, we want out ASAP, and have been tring to find a way out of this rodent filled place... basically, is there any way we can break the lease due to this rodent problem?? We are living in Ontario, CanadaAnyway to break a rental Lease?
It's just like the lease on your car; you might not want the car anymore but if you stop making payments on it you can expect someone with a scowl on his face to come looking for you.
Similarly, the landlord entered into a contract with you for a specific period of time and he expects rental income until the term expires. If you break the contract he'll very likely come after you for unpaid rent, subject to his efforts to mitigate his losses ? which means that he must try to lessen his losses by advertising the premises at a similar rent and in a similar condition. If a new tenant is found you'll be off the hook from that time onward. If no tenant is found you're theoretically on the hook until the end of the contract period.
Many of these situations resolve by simply explaining to the landlord what is taking place, and asking the landlord how he thinks it can best be handled for all parties.Anyway to break a rental Lease?
You need to review your landlord and tenant rights. If you house is inhabitable in anyway or unsure, you must send a letter to the landlord and he has a certain amount of time to respond. If he does not respond to the problem you can take him to court to terminate the lease or repair the conditions.
Go here and read this: http://www.ontariotenants.ca/
You have all kinds of rights.
Getting out of a lease if hard, but there are some situations when you can. You may need to documents the problmes. For example, take pictures. I would get a cheap disposable camera and take pleanty of pictures. Have them developed and show them to the landlord. Under the law he may be given time to remedy the problem. If he doesn't let you out of the lease and doesn't make a reasonable effort to rid the place of these pests then you should have grounds to break the lease.
I believe he commited fraud by not making you aware of the infestation problem. Maybe this site will help: http://www.peoples-law.org/housing/ltenant/bni/breaking%20lease.htm
It's just like the lease on your car; you might not want the car anymore but if you stop making payments on it you can expect someone with a scowl on his face to come looking for you.
Similarly, the landlord entered into a contract with you for a specific period of time and he expects rental income until the term expires. If you break the contract he'll very likely come after you for unpaid rent, subject to his efforts to mitigate his losses ? which means that he must try to lessen his losses by advertising the premises at a similar rent and in a similar condition. If a new tenant is found you'll be off the hook from that time onward. If no tenant is found you're theoretically on the hook until the end of the contract period.
Many of these situations resolve by simply explaining to the landlord what is taking place, and asking the landlord how he thinks it can best be handled for all parties.Anyway to break a rental Lease?
You need to review your landlord and tenant rights. If you house is inhabitable in anyway or unsure, you must send a letter to the landlord and he has a certain amount of time to respond. If he does not respond to the problem you can take him to court to terminate the lease or repair the conditions.
Go here and read this: http://www.ontariotenants.ca/
You have all kinds of rights.
Getting out of a lease if hard, but there are some situations when you can. You may need to documents the problmes. For example, take pictures. I would get a cheap disposable camera and take pleanty of pictures. Have them developed and show them to the landlord. Under the law he may be given time to remedy the problem. If he doesn't let you out of the lease and doesn't make a reasonable effort to rid the place of these pests then you should have grounds to break the lease.
I believe he commited fraud by not making you aware of the infestation problem. Maybe this site will help: http://www.peoples-law.org/housing/ltenant/bni/breaking%20lease.htm
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