Does Lease = Landlord?
What are the responsibilities in-regards to the property?
Example, Repairs, Maintenance etc.
I want to do just a straight lease, tenant will have first option to purchase when I am ready to sell.
What are the responsibilities in-regards to the property?
Example, Repairs, Maintenance etc.
I want to do just a straight lease, tenant will have first option to purchase when I am ready to sell.
Your local landlord tenant law defines your responsibilities as a landlord.
Lesae or no Lease, you are legally a Landlord if you rent out real estate. You can find your Landlord-Tenant Law on-line.
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