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“HELP! 2ND FLOOR TENANT DOESN’T PAY RENT REFUSES TO MOVE OUT,” scream a pair of red-and-white banners on the side and front of a brick single-family home on 117th Road in St. Albans.
Some rental agreements, however, require tenants to pay a series of fees, on top of rent, they can't get out of. Such is the case for Ricardo Fourzan, an apartment resident in Aurora, Colorado ...
In the face of sky-high rents, President Joe Biden is rolling out a new set of principles the White House is calling a "Renters Bill of Rights" in an effort to improve rent affordability and ...
Key money is one of several forms of payment made to a landlord. [1] The term has various meanings in different parts of the world. It sometimes means money paid to an existing tenant who assigns a lease to a new tenant where the rent is below market. It sometimes means a bribe to a landlord.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
State and local agencies that distributed emergency aid to renters facing eviction are now scrambling to claw back millions of dollars in overpayments.
Lease-by-room, also known as individual leasing, is an arrangement whereby a tenant and their roommates pay rent for their own rooms instead of each tenant being equally liable for the rent for the whole apartment. Typically lease-by-room leases are multi-room apartments or townhomes with shared bathrooms and living rooms.