thanksagain
New Member
I'm the primary tenant of the townhouse I rent as the landlord only likes to deal with one person from each rental property. I just want to make sure I have all my bases covered. It's a hassle to have to deal with roommates moving in and out less than every six months. Each time it takes a lot of effort and many hours to find a proper roommate.
1. Rent - I normally charge $500/mo but due to the hassle I want to charge $550/mo for the first say six months (just in case i can't do a lease) then credit it back at the end, or not at all and charge $500/mo after the first 6 months.
2. subletting - The landlord does allow subletting, but fitting in the fact that the agreement is between us, however all other landlord duties outside of the rental agreement (repairs, etc) are the responsibility of the landlord. Is this possible?
3. Eviction - Sometimes roommates need to be given a 30 day notice. I know that it can be a hassle to get them out and they can fight it for awhile... Is it possible to put a clause in the lease that says that by signing the rental agreement, they agree to vacate the premises upon the end of a 30 day notice timely and respectfully as stated in the terms of the agreement... and be forced to comply with it legally (hence not fight or delay the process).
4. deposits - If I do decide to do say a 6 month lease, would the subletting tenant be bound to it, and if they choose to move out early would they forfeit their deposit (of course this can cause problems)? would it be better to simply do 550 for the first 6 months and 500 thereafter as it does take considerable time to find a suitable roommate.
In addition, since I am subletting and not a corporation, how would this affect everything. To my understanding, I am not bound by the same laws as renting out the extra room to anybody. My understanding is that it only applies to renting an entire unit, not subletting a room. for instance, my roommate may prefer to share her bathroom with a girl, or somebody might be amiable, but we don't want their significant other staying over all the time and therefore it's not a good fit. I don't know if these are reasonable reasons in which they could argue for their full deposit back.. This reflects back to the two different prices on rent depending on time stayed.
5. leases - while I did mention this before, it seems leases are way too much of a hassle. Are they worth it over month to month rental agreements?
Thanks again,
thanksagain
1. Rent - I normally charge $500/mo but due to the hassle I want to charge $550/mo for the first say six months (just in case i can't do a lease) then credit it back at the end, or not at all and charge $500/mo after the first 6 months.
2. subletting - The landlord does allow subletting, but fitting in the fact that the agreement is between us, however all other landlord duties outside of the rental agreement (repairs, etc) are the responsibility of the landlord. Is this possible?
3. Eviction - Sometimes roommates need to be given a 30 day notice. I know that it can be a hassle to get them out and they can fight it for awhile... Is it possible to put a clause in the lease that says that by signing the rental agreement, they agree to vacate the premises upon the end of a 30 day notice timely and respectfully as stated in the terms of the agreement... and be forced to comply with it legally (hence not fight or delay the process).
4. deposits - If I do decide to do say a 6 month lease, would the subletting tenant be bound to it, and if they choose to move out early would they forfeit their deposit (of course this can cause problems)? would it be better to simply do 550 for the first 6 months and 500 thereafter as it does take considerable time to find a suitable roommate.
In addition, since I am subletting and not a corporation, how would this affect everything. To my understanding, I am not bound by the same laws as renting out the extra room to anybody. My understanding is that it only applies to renting an entire unit, not subletting a room. for instance, my roommate may prefer to share her bathroom with a girl, or somebody might be amiable, but we don't want their significant other staying over all the time and therefore it's not a good fit. I don't know if these are reasonable reasons in which they could argue for their full deposit back.. This reflects back to the two different prices on rent depending on time stayed.
5. leases - while I did mention this before, it seems leases are way too much of a hassle. Are they worth it over month to month rental agreements?
Thanks again,
thanksagain