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A Rent Guarantor is the legal term for an apartment co-signer, or a person that agrees to be legally responsible for the apartment, its condition, and the money owed for rent. Landlords want responsible renters, yet often due to history or a lack of experience, it can be hard to justify that they will be good renters.

Ownership is the state or fact of exclusive rights and control over property, which may be an object, land/real estate or intellectual property. Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties.

Some of the ways one can make money on beach rental properties are: a) Decrease Vacancy: The best way to minimize vacancies is to find a long-term tenant so that you dont have to deal with turnover. b) Minimize Turnover: Turnover costs money in multiple ways. There are advertising costs, the cost of patching and painting walls and replacing floorin

Typical Fee Agreement. As a baseline, expect to pay a typical residential property management firm between 8-12% of the monthly rental value of the property, plus expenses. Some companies may charge, say, $100 per month flat rate.

A real estate purchase option is a contract on a specific piece of real estate that allows the buyer the exclusive right to purchase the property. Once a buyer has an option to buy a property, the seller cannot sell the property to anyone else.

A lease, also known as a Residential Tenancy Agreement, states what you agree to do while you're a tenant and what the landlord to agrees to do as the owner of the property. Agreements can be verbal or written, however a written document is the best way to make sure everyone understands their rights and obligations.