In this current economic climate and mobile society, more and more people turn to renting as a viable option for their residence or office spaces, rather than purchasing a home or building. There are many positives to renting for both the tenant and the landlord alike, such as flexibility to adapt to a job relocation, reduced property care responsibilities, and investment opportunities. The landlord and tenant relationship usually starts when a property owner enters into a written or verbal contract with a person desiring to use the property for a home or business for a period of time in exchange for the payment of rent. The rental contract typically covers the terms the landlord and tenant agree to for the use of the property and payment.
From the initial contracting stage, to the termination of the contract, either at the time the lease is due to expire, or early termination due to breach of contract, the statutory scheme which landlord-tenant laws fall under is meant to outline a fair and equitable agreement between the landlord and tenant. At Schmeltzer & Bostic, whether you are the landlord or the tenant, we can assist you with all stages of the rental process from drafting the lease agreement, negotiating its terms, and expiration or termination of the lease.