Landlord Question and Answer Forum
Current tenant running home based business in home, they never told us abtnew business .their old lease has expired and they are now on month to month basis. Should we offer another lease term , they sign another lease with additional info like rental ino
Johnnie+Tina S, GA on Friday, October 19, 2018
RE: Lease renewal
What kind of business? Do people come to the house? Are they properly insured? Hate to be named in a lawsuit if someone sues them for anything. Besides that as long as your ok with the business do up a new lease. I like to have my tenants under at least a year long lease. Good time to raise the rent a little, no more then 5% at a time. I usually say it will be $50 a monthincrease for one year lease, $25 dollar if they sign a two year.
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