Be sure your letter contains all of the following: The date of the notice Name and address of the property manager or landlord Name and address of the tenant Last day of the current lease Amount of the increase Date the increase goes into effect Timeframe for tenant to accept increase or ...
___ Print, sign and mail this letter to the Tenant. In order to maintain a detailed record of all requests regarding this option, the Landlord should consider mailing the letter in a method that allows delivery confirmation. Copies ___ Keep a copy of all documents for your own records ...
Attorney James Laughlin told ezLandlordFromsthat, “Courts generally find a late fee of 5% or less (of the monthly rent) to be reasonable but this does not hold true across the board.” As a general rule of thumb, landlords should provide a grace period of at least five days before the...
such written demand of the Landlord, and no further instrument shall be required to give effect to said provisions. Upon the demand of Landlord, however, Subtenant agrees to execute, from time to time, documents in confirmation of the foregoing provisions of this paragraph satisfactory to Landlor...
Headline Rent:(Compound noun)Rent paid under a lease after the end of any rent free or reduced rent periods. It is an artificially inflated rent which ignores the rent-free period or any other concessions given by the landlord to the tenant in return for a higher headline rate. ...
Day-to-Day Living Am I allowed to have guests? Is there always a member of staff available? Are there social events organised for the residents? Can I bring my own electrical equipment for cooking, i.e. rice cooker? Who cleans the room and the communal area?
“Due Date”). Notwithstanding the foregoing, from the Date of Rent Commencement until Tenant is notified otherwise by Landlord and Lender, Fixed Rent shall be paid by wire transfer to the account specified in the rent direction letter from Landlord to Tenant delivered concurrently with the ...