Lease versus Month-to-Month
What landlords should know to help decide between using a lease or a month-to-month agreement.
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This course is to help you avoid regretting the wrong decision and choosing the agreement that will suit your needs.
This course will address some key factors, the differences and pros and cons:
1. One has you committed long term
2. One is potentially costly and risky to try to get out of
3. One requires a lot of paperwork & aggravation to attempt to end the tenancy
4. One provides more advantage to the tenants
Lease versus Month-to-Month1
1 - Separate the biggest fact from fiction and dispel the myth about a lease
Lease versus Month-to-Month2
2 - Situation 1
Trying to get rid of an annoying tenant when you have a lease versus a month-to-month.
3 - Side-by-side key comparisons
Comparing a lease versus a month-to-month when...
a. giving a 30 Day Notice
b. changing the terms of tenancy
c. raising the rent
Also, of the two documents, which one has a...
d. mutual advantage
e. mutual disadvantage
f. recommendation from me of as being more advantageous and beneficial for landlords
Your Instructor
Teresa Billingsley is a third generation rental property owner. She has owned and managed for twenty-five years. After seeing landlords unnecessarily expose themselves to problems she wrote the books, “A Learning Stage: for Property Owners & Managers,” “A Learning Stage 2: A Landlord’s Advocate and Teacher,” & “A Learning Stage 3: Property Management 101.”