If you are a property owner, you always want a financially stable tenant to prevent yourself from the hassle of non-payment of rents. Therefore, you check the renter’s background, income stream, and previous employment record. But if the tenant doesn’t meet your requirements, you should consider adding a cosigner to the lease. In this process, …
Have you ever entered into a non-compete or non-disclosure agreement (NDA) or understanding of any kind? If not, have you ever wondered what you are expected to do if you are ever presented with such a situation? Usually, many people confuse non-disclosure and non-compete agreements as being the same and one form of agreement. Though …
If you have more than one property, you may want to rent one of them to your relatives, such as your daughter, son, cousin, parents, or others. You may charge them at a discounted rental rate because you don’t want to charge an expensive rental rate. However, you need to be aware of some tax …
Rental Property for relatives • Tax Implications Information
If you have some space in your home that stays empty through the year, you can definitely rent it out. But before renting, you may ignore certain matters that can be problematic for you and your tenant later; in general, renting out without a room rental agreement is a bad idea. An essential agreement can …
What is a Room Rental Agreement and How does it Work? Information
Landlords are expected to have a know-how of everything; whether it is renting out a single property space as an additional means of income or managing rentals and properties full-time. Whatever the case is, there is often one significant point of confusion. How can a lease agreement be distinguished from a rental agreement? Usually, both …
Differences about Residential Lease and Rental Agreement Information
If you have an upcoming project or services for which you require somebody’s temporary assistance, the ultimate option is to hire a contractor for the job instead of a full-time worker. But before employing an independent contractor, you must make them sign an independent contractor agreement. This contract ensures that both parties involved are at …
An Overview of a Simple Independent Contractor Agreement Information
Sometimes, there might be a need to make some amendments to a residential lease agreement. One such modification is a pet addendum to this residential lease agreement. It is typically used to modify the current document to grant a tenant permission to keep a pet. However, there are many things you must include and consider when …
An Overview of a Pet Addendum in a Residential Lease Agreement Information
When you lease an apartment or other property unit, you may be required to sign the lease agreement. It is a legal contract between the landlord and you as the renter. The agreement will outline some main terms of the lease, including the lease end date and also the early termination clause. When signing this …
Observing your company develop and grow can be incredibly satisfying. Still, it might also indicate changes that can have an impact on its formal structure. If you have a limited liability company (LLC) you should know about the most fundamental reasons that can lead to amending your LLC Operating Agreement. It is highly recommended for …
Adding New Members to Your LLC Operating Agreement Information
