In these modern days, a lot of people oftentimes resort to living to get away from the high cost of purchasing and maintaining a real estate. Hence, there is a need to address and review the ideal community for renters. A better understanding of this is beneficial for both landlords and tenants.
Undeniably, housing issues have been a major concern for many. Those who need temporary place to stay may find it impractical to purchase a home and spend fortunes because they will be leaving soon anyhow. Then, there are others too who cannot afford the expensive costs of buying and owning a real estate property.
Since it is regarded as a social concern, it is oftentimes possible for qualified residents to avail of government funded and supported programs for housing. This service is offered, whenever applicable, on top of public housing for a specific area. Aside from the government, some non government organizations also provide housing assistance to welfare recipients.
Leasing can be short or long term. At times, however, the renter may be given the opportunity to own the property eventually. There are leasing agreements that award the property to its tenant after years of renting. Meanwhile, there are also instances when the landlord forcibly evicts the tenants because they will be using the property for themselves.
Unwilling ejection of tenants is not uncommon. In fact, there were sensationalized legal battle between the landlords and their tenants for this ground. In an effort to stop this problem and protect the rights of all parties involved, rules and restrictions were set. There are specific terms and conditions in the leasing agreements aside from government mandated policies.
Leasing also has its advantages. Land owners who are financially burdened can avoid foreclosure of the property by renting it to somebody. This also prevents piping problems that are common in vacant units since its heating and plumbing system is constantly in use when the property is occupied. Thus, the problems are minimized.
However, there are concerns regarding tenants not taking care of the property as much as the owner would have. This could drive an unwanted increase in the insurance and maintenance cost of the property. Also, in the event that lodgers and landlords may have the tendency not to take part in community activities and may be hard to reach, the sense of being a community suffers apart from enforcing rules.
Some states and even local governments have enacted rules and guidelines in tenancy that outlines the responsibilities of both the tenants and the landlords. It is best, however, that screening process are done before getting into a tenancy agreement. It is on that screening process wherein both parties could discuss the rules, expectations and procedure in cases of violations.
The first step to fostering positive relationship is a thorough communication and understanding of the rules and regulations set in the agreement. This can be further enhanced through active participation to maintain positive relations. As a rule of thumb, the landlord must remain fair and reasonable, while the tenant must be responsible. When misunderstanding arise, it is best to talk things out for a swifter remedy before taking legal actions. A resolution is easily reached when fewer people are involved.
Undeniably, housing issues have been a major concern for many. Those who need temporary place to stay may find it impractical to purchase a home and spend fortunes because they will be leaving soon anyhow. Then, there are others too who cannot afford the expensive costs of buying and owning a real estate property.
Since it is regarded as a social concern, it is oftentimes possible for qualified residents to avail of government funded and supported programs for housing. This service is offered, whenever applicable, on top of public housing for a specific area. Aside from the government, some non government organizations also provide housing assistance to welfare recipients.
Leasing can be short or long term. At times, however, the renter may be given the opportunity to own the property eventually. There are leasing agreements that award the property to its tenant after years of renting. Meanwhile, there are also instances when the landlord forcibly evicts the tenants because they will be using the property for themselves.
Real Estate Properties in Pala Alto, CA |
Leasing also has its advantages. Land owners who are financially burdened can avoid foreclosure of the property by renting it to somebody. This also prevents piping problems that are common in vacant units since its heating and plumbing system is constantly in use when the property is occupied. Thus, the problems are minimized.
However, there are concerns regarding tenants not taking care of the property as much as the owner would have. This could drive an unwanted increase in the insurance and maintenance cost of the property. Also, in the event that lodgers and landlords may have the tendency not to take part in community activities and may be hard to reach, the sense of being a community suffers apart from enforcing rules.
Some states and even local governments have enacted rules and guidelines in tenancy that outlines the responsibilities of both the tenants and the landlords. It is best, however, that screening process are done before getting into a tenancy agreement. It is on that screening process wherein both parties could discuss the rules, expectations and procedure in cases of violations.
The first step to fostering positive relationship is a thorough communication and understanding of the rules and regulations set in the agreement. This can be further enhanced through active participation to maintain positive relations. As a rule of thumb, the landlord must remain fair and reasonable, while the tenant must be responsible. When misunderstanding arise, it is best to talk things out for a swifter remedy before taking legal actions. A resolution is easily reached when fewer people are involved.
About the Company:
4015 Fabian Way
Palo Alto, CA 94303
United States
Palo Alto, CA 94303
United States
Phone:(650) 279-6117
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