Rent-to-own agreements often sound like a good idea for tenants who might struggle to buy a home in the traditional way. But both landlords and tenants should be aware of the pros and cons of rent-to-own deals before they sign any agreement.
Landlords and tenants can always amend a commercial lease if they agree to the new terms. As the novel coronavirus sweeps the country, forcing small businesses to slow operations or close, landlords and tenants are making smart changes that aim to keep both parties in the best financial shape possible.
A month-to-month tenancy renews (sometimes termed “rolls over”) every 30 days. But when a tenant or landlord is ready to end a month-to-month tenancy, they must follow their state's rules and procedures.