Lease

Understanding Land Lease Agreements

Understanding Land Lease Agreements A land lease agreement is a contract that lets a landowner rent out their land to a tenant. In this article, we will be talking about understanding land lease agreements. These lease agreements are not very common, however, if you are thinking of leasing out your land or looking for land to lease, then this blog may be helpful. Mainly Used By Tenants...

Terms Your Lease Agreement Should Define

The importance of a lease cannot be understated. Your lease serves as both a legally binding contract, as well as a reference point. As such, your lease must be very specific and as exhaustive as possible. It is always advisable to let a lawyer draw up a lease for you to ensure it is in compliance with the law. It may seem like you don't actually need a lease when there is nothing wrong, until everything...

Understanding The Lease Agreement

You’ve found the right rental property that ticks all the boxes and is within your budget. You’re ready to move in only to be told there is still the issue of the lease agreement that needs to be sorted out. Are you confused and wondering what a lease agreement is? Landlords and tenants alike need to have a good understanding of the lease agreement. Besides this, both parties need to understand the...

What is a land lease?

What is a land lease?

What is a land lease? Understanding how land lease agreements work can be difficult. However, if you are a landowner or a potential lessee interested in leasing land, you must understand how a land lease works. So, to get you started, here's a great overview of the key things you should know about land lease agreements. What is a land lease? When you purchase a home as part of a land lease, there is one...

What are lease violations and what to look out for?

One of the most important undertaking for both landlords and property managers is to identify lease agreement violations. It is especially vital to know what constitutes serious lease violations as these can subsequently lead to evictions. Without sufficient knowledge of lease violations, it is possible for them to go undetected. In most instances, tenants do not thoroughly go through a lease agreement and...

Lease guarantor FAQs

Finding a rental property in an urban area can be quite challenging. To start with, rent prices are significantly high in urban areas and therefore landlords may have steep demands from their applicants. Moreover, if you are a first-time renter without a rental history it can be difficult to meet the demands of landlords. Fortunately, there is a way around these scenarios. You can find a guarantor to help...

What to know about renting to students

What to know about renting to students

Is your rental property situated in close proximity to a university or college campus? If the answer is yes, then you may want to consider leasing to student renters. Most institutions in Zambia fail dismally to provide sufficient housing for the ever-growing number of students that require accommodation. The high demand and opportunity to charge competitive rentals make student renters a lucrative option...

Month-to-month tenancy

Month-to-month tenancy

Are you on the lookout for a new living arrangement that accords you great flexibility? It is possible then that a month-to-month tenancy might just be the right solution for you. Whether you're not planning to live in an area for an extended length of time, or you've taken on a temporary job, there are several benefits to a month-to-month rental agreement. Let's explore the concept of month-to-month lease...

Terms your lease agreement should define

Terms your lease agreement should define

I have met a lot of landlords with hand-shake leases. Needless to say, this is a recipe of disaster. A lease or tenancy agreement is one of the best ways a landlord can layout the terms of a tenancy. Everything from the rental amount to the dispute resolution procedure should be outlined in the lease. Moreover, your tenancy agreement lays the tone for your relationship with your tenants. Here are some...

Rental property life cycle

As most property owners will confirm, the road to successful investment property management is not easy. If you are one of those that considering acquiring an investment, it can be quite daunting. However, it all comes down to how well educated you are on investment property issues. One of the most important aspects that you need to have a firm grasp on is the rental property life cycle. Let us commence by...

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