I will be renting out my condo unit soon and i am also in the process of short selling. What inclusion or clause should i put on my lease agreement?
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I will be renting out my condo unit soon and i am also in the process of short selling. What inclusion or clause should i put on my lease agreement?
Asked on June 15, 2009 under Real Estate Law, Florida
Answers:
J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
I suggest have a month to month lease. this way you can end the lease when you know the date of the sale. in a month to month lease, you will be able to get rid of the tenant at any time whiling awaiting the shortsale to get completed. If you rather do a lease for a short term, then put in 2 months and then have the lease run month to month untill the sale and then provide the tenant with notice to leave.
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