May 14 2017, 07:48 PM
QUOTE(Endless_tale @ May 14 2017, 03:42 PM)
Dear all masters,
I need your good points that what is the benefits and issues will have if let say my tenant voice out or agree to sign a tenancy agreement for 5 yrs but for sure the rental price can't be amend once the agreement is signed. Should I add some conditions like increase his rental by 1 to 3 % in every year(within 5 yrs). Or if there is any breach should compensate for 2 months etc.
Thank you.
You can try to add conditions but will the tenant agree? If I'm in his shoes ... I won't, unless the rental is significantly below market.I need your good points that what is the benefits and issues will have if let say my tenant voice out or agree to sign a tenancy agreement for 5 yrs but for sure the rental price can't be amend once the agreement is signed. Should I add some conditions like increase his rental by 1 to 3 % in every year(within 5 yrs). Or if there is any breach should compensate for 2 months etc.
Thank you.
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