Posts Tagged“rentals”

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Photo by CC user AlexiusHoratius on Wikimedia Commons You might have to pay a sizeable sum as a deposit when you move into a rental home, and you’ll no doubt want this money back when you leave. Landlords are required to protect tenants’ deposits and to return this money as long as the terms of tenancy agreements are adhered to, but they can make deductions due to the non-payment of rent or damage caused to their properties. Most tenancy agreements state that properties have to be returned in the same condition they were let in, but there should be a clause…

Things to Think About Before Becoming a Landlord

So you have an extra room and want to make a little side cash? Do you have an investment or vacation property sitting vacant? While maybe you should rent it out! Though the idea of getting “easy” money form a rental property sounds terrific, there are some things to think about before becoming a landlord. Check the Laws Not everywhere can legally be a rented. There are loads of zoning laws that may not allow for subletting. Also, if you have a home owner’s association or live in a condo, you need to check with the board. Don’t forget you will…