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Recent Answers to Agreement To Rent Or Lease Law Questions

Is new owner supposed to honor lease from previous owner in Illinois

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Real Estate

Agreement To Rent Or Lease

Illinois

New owner says he won't honor lease agreement from previous owner and is requesting to increase monthly rent.

Darryl S.

Answered Jan 26, 2024

It would be advisable to have an attorney review your lease to see if that lease is terminated by sale of the property. You may also want to see the Purchase Agreement for the property to clarify if the buyer of the building has an obligation to continue honoring the lease.

Can I have my residence on the business property I rent where I create and sell products from?

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Leasing

Agreement To Rent Or Lease

New York

I'm new to this field.

Darryl S.

Answered Jan 23, 2024

We would want to review the restrictions in the lease to be sure of the answer to this question.

what is the best method when it comes to contracts if you plan to do property listing for travelers is there a vast difference between a regular rental contract?

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Real Estate

Agreement To Rent Or Lease

Georgia

Currently looking into overseeing my parent's rental property and want to make sure we're doing the right process in terms of contracts when it comes to renting out a property whether it is a long-term or short-term.

Darryl S.

Answered Dec 11, 2023

Not a VAST difference, but not the same either. You should have a lawyer create an AirBNB or short term rental type agreement and you should not use a standard lease agreement. As examples, the short term agreement might cover check in and out policies, prohibit big parties, etc. and more.

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