COMMERCIAL BUILDINGS, APARTMENTS AND HOMES for Lease in Los Angeles and surrounding areas
Leasing an apartment is one of the most common ways to rent property. Homes for rent carry less responsibility than home ownership, while still holding a tenant to certain legal responsibilities. Legal obligations and regulations vary from state to state, and are included in the binding contract shared between the building and renter.
Renting and leasing are usually used interchangeably.while still holding a tenant to certain legal responsibilities. Legal obligations and regulations vary from state to state, and are included in the binding contract shared between the building and renter. Renting and leasing are usually used interchangeably. While they are similar, they are not completely the same. A rental is a short-term agreement, most often month to month contracts. A lease is a long-term rental with specific terms, start dates and end dates. Leases may continue as a rental agreement once the long-term agreement has been completed. Of course, this varies and depends on the building’s policy.
With California Coastal Real Estate by your side, we offer leasing help for both commercial and apartment buildings.
We specialize in restaurant, strip mall, warehousing, office, industrial, residential, and apartment leasing. With us by your side, you will receive knowledge from all areas.
There are many benefits of leasing, such as shorter commitment, smaller cost over the same period, no property taxes, help with maintenance and property upkeep, and a smaller down payment. Leasing allows a renter to live in cities where homes are not as affordable. The process of renting is usually the same for most tenants, but there are some discrepancies. Lease applications, credit checks and proof of income are needed of a potential tenant. Once all the requirements are fulfilled, the process becomes a matter of acceptance from the tenant. These legal rental agreements can range from a single typed page, to several pages of legal text and riders. Regardless of the size, the lease is a legally binding document that the tenant and the property owner/building must follow.