Terms and Conditions

The term “grandfathered in” is often heard in legal contexts, but What Does Grandfathered In Mean In Rental Property? It’s a concept that has significant implications for both landlords and tenants. In the U.S., nearly 37% of homes are rented, and understanding the legal nuances can make a big difference in property rights. This article …

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What Is A Lease Administration Fee: Ever wondered, ‘What is a lease administration fee’? You’re certainly not alone. According to a 2021 Avison Young report, about 41% of commercial tenants are unclear about their lease handling costs. This lack of understanding often leads to unexpected expenses and confusing payment schedules. Unraveling the Mystery: What is a …

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What Is A Lease ID: Ever wondered, ‘what is a lease id‘? You’re not alone. A 2020 survey by the National Multifamily Housing Council found that 30% of tenants had questions about lease-related terms. Such unfamiliarity can lead to misunderstandings and possible contractual issues. Defining Lease ID Let’s start with the basics. You might be …

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Is the phrase ‘What does PCM stand for in rent‘ leaving you puzzled? It’s a common term, yet not everyone is acquainted with it. A 2019 report from Statista confirms the growing interest in online residential rent-related queries. The acronym PCM stands for Per Calendar Month and is commonly used in rental agreements. So, what …

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What Is A Vacancy Lease: Have you ever surfed the Internet trying to figure out, ‘what is a vacancy lease‘? You are not alone! With the growing number of rental properties in the U.S, a considerable number of tenants and landlords alike often express confusion about this particular term. According to the U.S. Census Bureau, …

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What Is A Reletting Charge In A Lease: Are you facing uncertainty regarding, ‘what is a reletting charge in a lease‘? You’re not alone, as the National Apartment Association reports a significant number of lease contract questions pertain to reletting charges. Confusion around this subject is common and can lead to unexpected costs. Introduction to …

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What Does Renovated Apartment Mean: As potential tenants or property investors, it’s essential to understand housing jargon, like ‘What does renovated apartment mean‘. Surprisingly, a survey conducted by the National Apartment Association (NAA) in 2020 showed 38% of respondents were confused by such terminology. ‘Renovated’ in Real Estate Context As we delve into the intriguing world …

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What Is Life Lease: Have you ever asked yourself, “What is a life lease”? If your answer is a resounding ‘yes’, you are not alone! Due to the increasing real estate trends, the concept of a life lease has piqued the interest of many. According to a 2019 report by Canada Mortgage and Housing Corporation, about …

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What Is A Lease Rider: Are you knee-deep into renting property and hearing the term ‘lease rider’ but not sure what it is? You’re not alone! In 2022, an estimated 43% of new renters reported confusion around lease terminology as per the American Rental Association. Knowledge is power, hence, this guide’s purpose, aimed at unveiling …

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