Understanding Landlord Tenant Lease Agreements

For landlords and tenants alike, the first step before engaging in any lease agreement is to evaluate their respective goals and the material terms and conditions of the commercial or residential lease. Coupled with this analysis must be a complete assessment of one's willingness to enter into the agreement with this specific partner -- as well as a thorough review of one's leverage and willingness to "walk away" from the deal. As the authors in this book demonstrate, these fundamental aspects of landlord-tenant lease agreements mark the underpinnings for the negotiations that follow by identifying the key components of the landlord-tenant relationship; by clearly stating the rights and obligations of both landlord and tenant; any by thoroughly understanding the state and federal laws that guide the agreement's provisions. -- Back cover.

HOW TO BREAK AN APARTMENT LEASE WITH NO PENALTY OR DAMAGE TO YOUR CREDIT – A STEP BY STEP GUIDE. Read in an hour, take immediate action and be on your way. An excellent, comprehensive and practical guide to getting out of a lease. Great for those in a lease contract and need to get out of it. Lease terms and conditions are stringent. Learn to navigate around them and break your lease without coughing up hefty fines and penalties or damage your credit history. Breaking a lease has other severe consequences as well. You want to avoid a lawsuit at all costs. You want to maintain a good credit score, especially if you plan on applying for a credit card, car loan or a mortgage in the near future. Maintaining a good rental history with previous landlords benefits you with future landlord and lenders. This book has been compiled with years of rental real estate experience. After years of giving personal advice to tenants in a bind, the author has compiled this practical and more importantly actionable guide for anyone in a similar situation who’d like to get out of a lease early without incurring fines, penalties and damaging their credit. The author hopes that this “do it yourself guide” helps every tenant in need of it. TABLE OF CONTENTS INTRODUCTION CHAPTER 1: TENANCY AGREEMENTS (LEASES) AND FALSE CLAIMS A. UNDERSTANDING YOUR TENANCY AGREEMENT B. FALSE CLAIMS ABOUT TENANCY AGREEMENTS C. RENTING WITHOUT SIGNING A TENANCY AGREEMENT D. IT IS NOT MANDATORY TO RENEW YOUR LEASE AGREEMENT BEFORE IT EXPIRES E. YOU CANNOT COMPOSE A TENANCY AGREEMENT F. THE MINIMUM TENANCY AGREEMENT MUST BE 6 MONTHS G. TENANCY AGREEMENTS ARE 100% CUSTOMIZABLE H. TENANCY AGREEMENTS MUST BE COMPLETED BY REAL ESTATE PROFESSIONALS CHAPTER 2: CONSEQUENCES OF BREAKING A LEASE A. LAWSUITS B. JUDGMENTS C. FUTURE IMPLICATIONS CHAPTER 3: BREAKING A LEASE – CONTRACTS, PENALTIES, GROUNDS/REASONS A. CONTRACTS ARE BREACHED ALL THE TIME B. PENALTIES CAN BE MINIMIZED OR ELIMINATED ALL TOGETHER C. REASONS LEASE AGREEMENTS CAN BE BROKEN CHAPTER 4: PRELIMINARY ACTIONABLE STEPS TO TAKE TO BREAK OF A LEASE WITHOUT PENALTY AND CREDIT DAMAGE A. BREACH OF CONTRACT B. LOOK FOR FAVORABLE CLAUSES IN THE FINE DETAIL C. BE HUMAN – DISCUSS YOUR SITUATION WITH YOUR LANDLORD D. OFFER TO PAY THE LEASE IN INSTALLMENTS E. OFFER YOUR LANDLORD TO KEEP THE SECURITY DEPOSIT F. SUBLEASING YOUR RENTAL PROPERTY CHAPTER 5: ALTERNATIVE SOLUTIONS CHAPTER 6: SPECIFIC AREAS TO LOOK INTO FOR BREACH OF CONTRACT POSSIBILITIES CHAPTER 7: STEP BY STEP PROCESS OF FILIGN A COMPLAINT CHAPTER 8: SAMPLE LETTER TO LANDLORD CHAPTER 9: A QUICK RECAP CHAPTER 10: FOLLOW UP QUESTIONS OR CONCERNS DISCLAIMER

Discusses preparing a lease or rental agreement, choosing tenants, getting the tenants moved in, and changing or ending a tenancy.

The ultimate resource for Canadian residential landlords. Anyone can become a landlord, but not everyone will be a profitable landlord. Distilling over 35 years of his first-hand experience, Doug Gray, one of Canada’s most respected real estate authors and experts, guides readers on how to become a successful landlord. Following the effective and proven formula of his previous bestsellers, The Canadian Landlord Guide fills the void of information on Canadian landlording. Some of the covered topics include: Principles and formulas for profitable landlording Understanding how the real estate market works The pitfalls of real estate investing and how to avoid them Types of rental formats Where to get information on prospective properties How to finance real estate investments The legal aspects of buying and renting property Tenant selection Property maintenance Filled with easy-to-understand and credible advice, The Canadian Landlord Guide is a must-have resource for all Canadian landlords. Seasoned professionals and aspiring beginners alike will find Doug Gray’s landlording guide to be one of their key tools in their quest for real estate success. Doug Gray, B.A., LL.B. (Vancouver, BC) has been buying, renovating, and renting real estate for 35 years. In addition to being a successful real estate entrepreneur, Doug has written over 28 bestselling real estate, business, and personal finance titles, including Making Money in Real Estate (978-0-470-83620-0) and The Canadian Snowbird Guide (978-0-470-15375-8).

Legal Reference: A guide to understanding Landlord/Tenant laws.