Hi, I'm Rebecca with Invest Management. Today, we're going to chat a little bit about the differences between a traditional lease and a month-to-month lease. At Invest Management, we specialize in managing single-family homes, condos, duplexes, and apartments in Clark and Calyx counties, as well as the Portland metro area. We also manage homeowners associations throughout Oregon and Washington. Today, I'm here with Kelly, one of our property managers who has many years of experience in the business. We'll be discussing the pros and cons of having a traditional lease versus a month-to-month lease, especially from an owner's perspective. "Hi Kelly, as an owner, how might I benefit from having a one-year lease versus a month-to-month lease?" Kelly responds, "Having a month-to-month lease leaves your options open. If you're concerned about a tenant not following through with the terms of living there, it gives you flexibility. However, it also gives the tenant flexibility to move out without much notice. On the other hand, having a 12-month lease or a long-term lease can be more advantageous if you have thoroughly screened the tenant and believe they will be a good fit. It allows you to plan your expenses, including rent increases, and helps reduce vacancy." Rebecca continues, "If I'm an owner, do you ask clients about their investment goals and financial situation to determine which lease might be a better fit for them?" Kelly replies, "Yes, we definitely take into account the owner's involvement with the property, whether they are local or out-of-town owners, and their cash flow situation. These factors can help determine whether they prefer a month-to-month lease or a longer-term lease." Rebecca adds, "I can imagine that a month-to-month lease might be beneficial if an owner intends to sell the property in the near future. However, what if a lease is already signed for...
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Month To Month Rental Agreement Form: What You Should Know
Month-to-Month Lease Agreement [April 2022] | PDF Form What Is a Month-to-Month Lease Agreement? What Can They Cover? Month-to-Month Lease Agreement | PDF — Word A month-to-month lease agreement is a rental agreement in which the duration of the lease is one month, and the tenant or landlord generally has the Tenant's End of Month Lease Agreement | PDF Form Where Do Other Leases Come From? Do People Get a Year Lease? Tenancy-at-Will Lease Agreement Template — Free Forms A tenancy-at-will lease is a lease that cannot be modified unless the tenant, the landlord or both agree to it. A tenant Tenancy-at-Will Lease Agreement Template | PDF Form A tenancy-at-will lease can only be canceled by the tenant or the landlord. A tenancy-at-will is noncompete and not based on Tenancy at Will Agreement | PDF Form Is a Month-to-Month Lease or a Tenancy At Will? Lease or Month-to-Month Lease Agreement? A month-to-month lease agreement is a rental contract in which the term of the lease is one month, and the tenant usually has the Monthly Tenancy-At-Will Lease Agreement: Template | PDF Form Where Did The Term Month-to-Month Get Started? The term month-to-month may be a result of a misinterpretation of the law. This misconception started the current interpretation of a How Do I Use This Page? You may use this page to: 1) print out a list of all the common month-to-month leases, 2) make a rental agreement for yourself, or 3) find a free lease agreement for rent, mortgage or other financial Lease Agreements | PDF — Word 1) print out a list of all of your housing costs and divide all related amounts by twelve. e.g. You Paid 1000 for your first month in September; divide by 12 to round down to 1000 and enter that number in box 9 for your first monthly housing expense. This is the amount for your first month in house. You will need to pay 10 of that on your first monthly payment.
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