Rental Property Investor · Owings, MD · Member since 2020 · 32 posts · 9 votes
I have a tenant that’s been renting one of my properties for years. He asked me today if his sister can stay with him for the next 4 or 5 months. I have no problem with his sister staying with him but wondering how I should structure the lease.
Should I create a new lease for both of them, an additional lease for her, an addendum or anything else I missing?
I have a tenant that’s been renting one of my properties for years. He asked me today if his sister can stay with him for the next 4 or 5 months. I have no problem with his sister staying with him but wondering how I should structure the lease.
Should I create a new lease for both of them, an additional lease for her, an addendum or anything else I missing?
Thank you for the help!
Hi Ryan! My company would screen them like a normal applicant and then add them as an occupant to the lease. Unless your current lease states otherwise, I don't think an entire new lease would be necessary.
I have a tenant that’s been renting one of my properties for years. He asked me today if his sister can stay with him for the next 4 or 5 months. I have no problem with his sister staying with him but wondering how I should structure the lease.
Should I create a new lease for both of them, an additional lease for her, an addendum or anything else I missing?
Thank you for the help!
What does your current lease say the procedure is? You would be wise to follow that.
I have a tenant that’s been renting one of my properties for years. He asked me today if his sister can stay with him for the next 4 or 5 months. I have no problem with his sister staying with him but wondering how I should structure the lease.
Should I create a new lease for both of them, an additional lease for her, an addendum or anything else I missing?
Thank you for the help!
Hi Ryan! My company would screen them like a normal applicant and then add them as an occupant to the lease. Unless your current lease states otherwise, I don't think an entire new lease would be necessary.
I have a tenant that’s been renting one of my properties for years. He asked me today if his sister can stay with him for the next 4 or 5 months. I have no problem with his sister staying with him but wondering how I should structure the lease.
Should I create a new lease for both of them, an additional lease for her, an addendum or anything else I missing?
Thank you for the help!
I would screen her first so you know who will be living there but assuming she's ok, would just add her as an occupant as opposed to a responsible party to the lease.