Usually, a lease termination letter is given to a tenant at least 30 days prior to the end of the lease date stated in the letter. However, you may be required to provide a60-day noticeor even a 90-day notice of termination, depending on your lease agreement as well as your local and...
rent usually takes up about 30 percent of your salary but in some cases, it is even more. If you’ve found yourself facing hard times financially and are struggling to make ends meet, you may want to create a rent reduction letter to give to your landlord. ...
Check your state's laws or consult your attorney before requiring the tenant to pay interest. California allows interest for late rent, but you cannot exceed 10 percent. Oregon also allows landlords to charge interest, but only if you specified the late penalties in the original lease agreement....
Before I dive into the “how-to” of opening a bank account in China, I first want to cover a few reasons not to open one. You Don’t Live in China. If you’re just traveling through China as opposed to actually moving to China or doing business here, taking the time to open a ...
Another type of letter of recommendation is for home rental referrals. Often, landlords ask prospective tenants for recommendations from previous landlords about their experience with the tenants. If someone asks you to write a home rental referral, consider the new landlord’s potential concerns. Hig...
able to get. However, lenders usually only do a soft credit inquiry (much less rigorous than a hard one) and don’t verify the information you provide. So there’s no commitment on the lender’s part. You can receive a prequalification letter, but it doesn’t cut much ice with ...
“Be prepared to provide a letter of explanation,” notes Jon Meyer, loan expert. “It may be requested depending on how long you have been in the original home.” 2. Tap into your home equity If you own a home but prefer not to rent it out, using your home’s equity to buy an...
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Estoppel is common in the mortgage industry and commercial real estate. Also called an estoppel letter or certificate, it entails the use of a document that is signed by a tenant. This document confirms the rental agreement set forth by the landlord. It can be presented to a third party if...