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Property Leaseing Massachusetts

Are you a property owner who is trying to lease? If so, read the following article for some tips.

Local Companies

Stonegate Group
(508) 655-1700
83 Speen Street
Natick, MA
The Warren Group
(617) 428-5100
280 Summer Street
Boston, MA
Tishman Speyer Properties
(617) 342-7500
125 High Street, 14th Flr.
Boston, MA
Edens & Avant
(617) 369-6600
21 Custom House Street, Ste. 450
Boston, MA
Saint James Real Estate Advisors
(617) 426-6666
10 High Street, Suite 701
Boston, MA
CB Richard Ellis / N.E. Partners, L.P.
(617) 912-7000
33 Arch Street, 28th Flr.
Boston, MA
Extell Boston Harbor LLC
(617) 737-4440
One International Place, 14th Flr.
Boston, MA
The Congress Group
(617) 897-7200
33 Arch Street, Ste. 2100
Boston, MA
Lincoln Property Company, Inc.
(617) 951-4100
225 Frankin Street, Ste. 2310
Boston, MA
Crowley Associates
(617) 350-6135
355 Congress Street
Boston, MA

You have an apartment building that you want to rent out. You have some land that you are interested in loaning someone in exchange for payment. You own a marina and you want to sell dock space for a duration of time in exchange for money. If any of these scenarios are true, you are looking into "leasing" property. Residential leasing typically takes the form of renting an apartment. We'll explore the logistics of this type of leasehold in this article, as well as talk briefly about other forms of leasing.

  1. Renting your apartment: Gross lease. A gross lease is when the landlord pays all the expenses pertaining to ownership, like the utilities and repairs-and sometimes taxes. The most common form of gross leases are normal rental contracts. In some instances the landlord will pay the utilities, and in almost all, he pays taxes, repairs, and other costs affiliated with owning property. Below is how to embark on a gross lease with your rental property.

  2. Becoming a landlord: Getting mentally prepared. If you want to lease your home, or an apartment in a building to a tenant, you must be prepared for the potential problems of being a landlord. Being a landlord means that you are responsible, legally, for the safety of your tenants as it pertains to the condition of your property. In addition to this liability, there are costs. For instance, upkeep and repairs to the unit from wear and tear. Also, there can be inconveniences. Expect calls in the middle of the night for tenants that have locked themselves out. Expect disaster tenants that leave your place a wreck. Prepare for tenants that do not pay rent on time. And hope that you never have to go through the eviction process.

    ...

Click here to read the rest of the article at HowToDoThings.com

Author: Grace Bloodwell

Featured Local Company

Stonegate Group

(508) 655-1700
83 Speen Street
Natick, MA
Read more about Property Leaseing

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Related Local Event
Urban Land Institute Spring Council Forum
Dates: 4/14/2010 - 4/16/2010
Location: John B. Hynes Veterans Memorial Convention Center
Boston, MA
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