Should landlord fix shower?
Should landlord fix shower?
The landlord has to provide you with running water and sanitation facilities to use it. You need to have a working toilet and a shower or a bathroom. Note that the law doesn’t require the landlord to make improvements to the facilities, only to provide working ones.
How many renters are allowed in a condo?
Condo documents typically limit the number of renters to 10 percent of all units, but Board members often turn a blind eye. One board treasurer provided the bank with falsified rental numbers and then bragged about her misdeed to fellow unit owners. If actions aren’t taken to curtail renter abuse, condo owners may literally become a dying breed.
Can you be a landlord or a tenant of a condominium?
Whether you’re a landlord or a tenant, understanding this unique form of property ownership will help you keep the relationship running smoothly. Condominiums, or “condos,” are a popular form of property ownership.
Who is responsible for renting out a condo?
When a condo is rented, the owner typically becomes the landlord unless they hire a property management company. There are many factors that weigh into the decision of whether or not to rent. Some popular reasons for renting out a condo are: You’re not living in it, but you aren’t ready to sell.
How long does it take to rent out a condo?
Check to see if the current ratio of rented to non-rented condos will accommodate your unit. Keep in mind that some associations only allow renting after an owner has lived there for a minimum period, usually two years.
Whether you’re a landlord or a tenant, understanding this unique form of property ownership will help you keep the relationship running smoothly. Condominiums, or “condos,” are a popular form of property ownership.
Can a landlord sell a property with a tenant living in it?
Can I Sell a Property With a Tenant Living in It? This is usually the first question that arises when a landlord wants to sell. The simple answer is yes, you can sell a property with a tenant still living in it. In fact, most states’ laws give tenants the right to remain in a rental property after a sale until the lease or rental agreement expires.
When a condo is rented, the owner typically becomes the landlord unless they hire a property management company. There are many factors that weigh into the decision of whether or not to rent. Some popular reasons for renting out a condo are: You’re not living in it, but you aren’t ready to sell.
Why are there so many renters in condominiums?
The rationale is that renters are not as attentive to property care as owners are, which can be a problem in a community that has agreed to abide by various rules in order to keep property values high. The terms of the association’s mortgage may also limit the number of units that can be rentals.