opinion on lease agreement
- Thread starter crispino
- Start date
Crispino,
More information is needed. Where is your property located?
More information is needed. Where is your property located?
If it is Ontario, a 1 year lease is fine as your rental increases (amount of increase decreed by the government) can only be applied once per year. The 1 year give you and your tenant a foundation from which to build your relationship. Make sure that your rent is at or slightly above market in today`s conditions in Bradford.
If they are not wanting to sign a 1 year lease, you may wish to dig a little deeper as everytime a tenant moves out, there are costs involved to your business.
Other Members may have differing strategies, this is the one that I like for consistency.
If they are not wanting to sign a 1 year lease, you may wish to dig a little deeper as everytime a tenant moves out, there are costs involved to your business.
Other Members may have differing strategies, this is the one that I like for consistency.