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A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
One tenant quoted in the FTC lawsuit against Greystar cited a payment of about $1,400 not including utilities, despite having been quoted $1,000 per month. The current rental market is less and ...
A gross lease is a type of commercial lease where the tenant pays a flat rental amount, and the landlord pays for all operating expenses regularly incurred by the ownership, including taxes, electricity and water. [1] Most [weasel words] apartment leases resemble gross leases. [2] The term "gross lease" is distinguished from the term "net lease."
There are several factors used to determine the riskiness of a lease, including remaining term on the lease and creditworthiness of the tenant. [7] In one variation of a NNN lease contract, the "bondable NNN lease" (sometimes referred to as a "true triple net" or "absolute triple net" lease), the tenant cannot terminate the lease or seek any ...
The relationship between a landlord and tenant can get sticky when things go awry. The only way to successfully protect yourself from housing law violations is to know your rights as a renter, and ...
In this type of agreement, the tenant pays one lump sum amount to the landlord in exchange for various services. [8] Those services vary but generally include utilities, maintenance, security, and janitorial. [8] It's also common for this lease agreement to be used in office buildings with more than one tenant. [8]
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