Tag Archive for Lease

What Are Landlord Rights To Access Property After A Lease?

Landlord should be aware of his or her rights after their property has been occupied. This is vital because once a tenant occupies a property the landlord rights with regards to property access are limited to legitimate purposes. The tenant has the right to enjoy the property in absolute calmness and therefore landlord must respect tenant privacy. Lets look at the landlord rights to access property after tenant occupancy.

The landlord can inspect property to find out how well it is maintained. Usually, details of inspection are mentioned in the written rental agreement. The procedure of inspection and tenant notification for inspection will be outlined here. In case, there is no written agreement, the landlord must give the tenant notice of inspection, at least 24 hours prior to inspection. The notice must specify the date and time of inspection. The landlord does not have the right to check the property unannounced or visit the property when the tenant is absent.

In the case of repairs, the landlord has the right to enter the property to make the repairs for which he or she is legally obligated to do so, provided adequate notice is given to the tenant on the same. The tenant cannot prevent the landlord or his agents from carrying out such repair work and any attempt to do so is illegal and the landlord can evict them for the same. It is better to have the procedure for accessing property for repairs laid out n the tenant agreement so that disputes can be prevented.

It is to be noted that the only time that the landlord can access the property is when there is a real emergency such as a fire or a gas leak, which can cause harms to others or to neighboring property. It is necessary to adhere to landlord rights on property after tenancy so that tenant is not disturbed unnecessarily and that property access by landlord is done only when it is essential.

Chris is writing to share articles on topics like Landlord and Landlord Tenant. Brightstone Landlords are offering a bad Tenant eviction service in the UK. Basically the lawyers will act and have the non paying tenant evicted from the property. Visit us to read more details.

Create A List Of Common Damages By Tenants And Put Them In The Lease (wanna)

Leasing your property to a bunch of strangers can be challenging, to say the least. Rules need to be set beforehand to make sure both parties understand each other, and to lessen any potential frictions.

Here are some things that you need to watch out for that can cause potential problems between tenant and landlord and how to prevent them.

Damage to the property

This is especially a concern with tenants who own pets as well as those who smoke. You can minimize problems in relation to property damage by having your tenants pay a refundable security deposit and/or a separate pet deposit, which is usually also refundable, or partly refundable, depending on the agreement you make with your tenants. It is the custom, and even the law in some places, that the security deposit not to exceed the amount of one month’s rent. All in all, make sure that you and your tenants are in the same page in regards to the clauses in which the deposit fee would be forfeited.

Respect your tenant’s privacy

Once the property is leased out, make sure you respect your tenants’ privacy. Unless you have a previously agreed upon clause that would permit you to gain access to the property, you may risk offending your tenants if you were to show up in the property unannounced.

Maintenance of the property

Usually, repairs and general maintenance of the property and the furnishing in it is the owner’s responsibility. Lawn maintenance, appliance repair, etc, are part of the regular maintenance and repair that a property would need from time to time. To ensure a good tenant-landlord relationship, an open communication line is essential in regards to any maintenance problems that arise within the property. Landlord also must respond in a timely manner to minimize inconvenience on the tenants’ part.

Rental Policies

Make sure your tenants understand your expectations in term of rental policy and late fee policy, to avoid unnecessary frictions.

All in all, when it comes to creating a good tenant-landlord relationship, a good communication is key. Coupled with a clearly written agreement, it could save you a lot of headaches when managing your property.

The author owns and operates a successful property management company in Tampa, FL. In 2004 and 2005, one of David’s companies, Apartment Express Corporate Housing, made Inc Magazine’s Inc 500 List for the 500 fastest growing privately held companies in America.

Please feel free to visit his website and Wesley Chapel Property Management.

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How To Lease A Nissan?

Leasing facilities given by Nissan is applicable for people belonging to various places. One can go for leasing if they wanted to own cars only for a particular span of time and make the maximum use of it (that is, to drive long distances often). Contract seems to be very ideal for customers who have this kind of notion. There is also an assurance of flexibility, reliability and security as soon as the car is delivered to their customers. Nissan Juke leasing deals are most popular among the customers.

In case of Nissan leasing, the driver’s experience and the maintenance seems to be simpler and also easier. There is no problem faced by customers in paying the lease amount as financial support is provided by Nissan. The leasing price is many times lesser than the manufacturers suggested retail price (MSRP). Also, Nissan gives a chance for the customers to get quotations that include the list models and their configurations and special features along with MSRP. Thus, one can find no confusions and errors in the vehicle before and after taking it for lease. With the leasing ideas of the Nissan dealers, there is an easy understanding. For those who can’t own a car or reside in a place temporarily, the offer is applicable to them. From Nissan Juke, customers can avail various lease offers with cheap deals.

For example, when one wants to select a car for lease for their business purposes, Nissan Juke are best suitable. Servicing fees are reduced and the customers receive the car only in working condition. The chances of the Nissan vehicle to get repaired are found to very less. There are no maintenance or repair problems in the vehicle. And the deals are found to be very inexpensive.

This shows that people of all ranges can purchase one at an ease. The models for lease includes GT-R, Z, cube, Altima coupe, Altima, Maxima, Sentra, Versa and the crossovers are Juke, Rogue, Murano, Xterra, Pathfinder, Armada and trucks such as Frontier and Titan. Various purposes are solved by these kinds of cars. Customers can select the trucks of they wanted to travel on mountains or on bad conditioned roads. From the official website of Nissan, customers can get the quotations, trade-in value and also build the vehicle. If a customer decides to go for leasing a vehicle from Nissan and also adopting their plans according to their needs, then, they can very well say a bye to the process of investing for the complete vehicle.

Also gather more details on Nissan leasing, Nissan lease and lease a Nissan.

Tips for Cheaper Apartment Lease Renewals for Tenants

Once you fix a win-win lease deal with your landowner, you become relaxed for the whole year and pay your monthly rentals accordingly. However, tenants may encounter tough situations while renewing their existing lease deal if their landowners demand higher lease amount for the next year.

Generally, the tenants are provided with two options; to pay ‘one time special amount’ if they quickly plan to renew their deal for another year in New Port Richey or to pay a higher rate to choose month-to-month plan. With increasing monthly expenses, the increase in rental amount adds a great burden on the tenants.

In such situations, it is wise to remain calm and think practically rather than deciding to shift to another apartment on rent in New Port Richey. As shifting an apartment costs to moving expenses, it will not solve the problem but will multiply the amount of expenses. It is unfortunate that the landowners are aware of this problem and will allow you to shift to another location.

It is better to think calmly and understand the strategy of the landowner behind their deal. You can check online websites for any special rental scheme that can benefit your situation from higher renewal offer by your landlord. This will help you to determine the market situation of New Port Richey and you will be able to take the right decision for your family.

Sometimes, your online search helps you to identify that there are some rental apartments in New Port Richey which has less rent as compared to your existing lease deal. In such situations, you can afford to shift to another affordable apartment to save your monthly rental expenses. You can share your thoughts with the landowner and if they still doesn’t agree with your proposal, then you can easily shift to another apartment on rent.

To learn more, please visit Apartments for lease and get the details about Apartment For Rent.

How To Lease A Nissan?

For people of different places, the leasing is very much suitable. To own a Nissan car and also to drive long distances, one can choose the option of leasing. Contract seems to be very ideal for customers who have this kind of notion. When the car is delivered to its customers, flexibility, reliability and securities are all ensured. Among the customers, Nissan Juke leasing deals are said to be highly popular.

Driver experience and maintenance are simpler and easier in the case of Nissan leasing. Also, financial services are provided to the customers so that there is no problem in paying the lease amount. Manufacturers suggested retail price seems to be many times higher than the leasing price. On hiring a contract, Nissan gives its customers the quotation that contains models, their configurations and certain special features. There are no confusions or errors before and after taking a vehicle for lease. With the leasing ideas of the Nissan dealers, there is an easy understanding. The offer is for those who can’t invest in buying a car and also for temporarily residing people. Customers can get various lease offers with cheap deals from Nissan Juke.

Nissan Juke is best suitable for those who want to take a car for business purposes under lease. Nissan gives a reduction in the servicing fees and the vehicles are delivered only in a good condition to the customers. There are fewer chances for the vehicle to get repaired. The problem of maintenance or repairing the vehicle is less. There are inexpensive deals. Purchase by people of all ranges is also possible at an ease. There are plenty of models given by Nissan for lease and this includes GT-R, Z, cube, Altima coupe, Altima, Maxima, Sentra, Versa and the crossovers are Juke, Rogue, Murano, Xterra, Pathfinder, Armada and trucks such as Frontier and Titan. Various purposes are solved by these kinds of cars. Customers can select the trucks of they wanted to travel on mountains or on bad conditioned roads. From the official website of Nissan, customers can get the quotations, trade-in value and also build the vehicle. So, customers can say a bye to the old ones or the cars that require the user to pay market price and go for leasing a car from Nissan and adopt the plans given by them based on the economic requirements.

Know more about Nissan leasing, Nissan lease and lease a Nissan.

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A New Lease On Life

Is lack of rental history upsetting you a when trying to find a place to rent? Are you just starting out in business and need a rented space for your business? If you have no rental history to prove your credibility you could have the worst time of your life securing first rental home, apartment or workspace.

Landlords worry when they get tenants with a bad rental history, whatever the reason may be. They simply won’t take the chance. After all, the landlords have a huge investment in their rental properties. The landlord, like you, is thinking of his or her needs only. Also, there are plenty of other tenants who can show a good credit and rental history. After all, thorough tenant screening is one of the best investments a landlord can ever have. Then why risk dealing with an unknown quantity?

You feel trapped in a sticky situation. How can you prove your reliability until someone first trusts you? The answer to all your distressing problems is a Guaranty of Lease. You may be able to move forward by finding someone reliable to back you with your plans. Signing a Guaranty of Lease and co-signing a loan are similar. Young people starting out fresh with their new lives, or people with prior financial problems, often need to find a co-signer in order to make a major purchase. It is very common for well wishers to step in and help a person make a start toward purchasing a home or a vehicle.

The Guaranty of Lease works in a similar fashion by giving landlords the security of knowing that someone who does have a strong financial statement, and credit and lease history will back their new tenant. The lease guarantor is giving you the once in the lifetime opportunity to make a start and prove your own worth in the financial arena. The guarantee could be the main element that allows you to pursue your dream of starting a new business or even securing a dream home for your family that you longed for which can otherwise be a daunting challenge.

The risk to your guarantor is similar to the risk when co-signing a loan. If you default, they pay. Your guarantor will be required to submit the same financial information that you did. Your landlord will want to be assured that they are not only willing to stand behind you, but that they have the resources to step in and start paying rent if you default.

Insurent.com provides a Lease Guaranty Program which helps you when you do not meet the criteria that the landlords require. A lease guaranty may also be helpful when a landlord requires additional security or prepayment of rent as an alternative to, or in addition to, a co-signer or guarantor. The Insurent Lease Guaranty typically may be used in any instance where a landlord would require the renter to have a third-party guaranty on a lease (e.g., a co-signer or guarantor). The Insurent Program, where available, will help you to rent your chosen apartment without having to find a co-signer or guarantor acceptable to the landlord and will eliminate the need for significant additional security or prepaid rent to the landlord. Insurent can speed the approval process and shorten the time needed to obtain an apartment.

lease guarantor
Lease Guaranty

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29b – Russell Residence – 2263 S Hobart Blvd – Official Address (E)
Signing a Commercial Lease
Image by Kansas Sebastian
West Adams Heights

“Nowadays we scarcely notice the high stone gates which mark the entrances on Hobart, Harvard, and Oxford streets, south of Washington Boulevard. For one thing, the traffic is too heavy, too swift; and then, again, the gates have been obscured by intrusions of shops and stores. At the base of the stone pillars appears the inscription “West Adams Heights.” There was a time when these entranceways were formidable and haughty, for they marked the ways to one of the first elite residential areas in Los Angeles. . . In the unplanned early-day chaos of Los Angeles, West Adams Heights was obviously something very special, an island in an ocean of bungalows—approachable, but withdrawn and reclusive—one of the few surviving examples of planned urban elegance of the turn of the century.”

– Carey McWilliams, “The Evolution of Sugar Hill,” Script, March, 1949: 30.

Today West Adams Heights is still obviously something special. The past sixty years, however, have not been kind. In 1963 the Santa Monica Freeway cut through the heart of West Adams Heights, dividing the neighborhood, obscuring its continuity. In the 1970’s the city paved over the red brick streets and removed the ornate street lighting. After the neighborhood’s zoning was changed to a higher density, overzealous developers claimed several mansions for apartment buildings. Despite these challenges, however, “The Heights,” as the area was once known, has managed to regain some of its former elegance.

The West Adams Heights tract was laid out in 1902, in what was then a wheat field on the western edge of town. Although the freeway now creates an artificial barrier, the original neighborhood boundaries were Adams Boulevard, La Salle Ave, Washington Boulevard, and Western Avenue. Costly improvements were integrated into the development, such as 75-food wide boulevards (which were some of the first contoured streets not to follow the city grid), lots elevated from the sidewalk, ornate street lighting, and large granite monuments with red-brass electroliers at the entrance to every street. These upgrades increased the lot values, which helped ensure the tract would be an enclave for the elite.

One early real estate ad characterized the neighborhood stating: “West Adams Heights needs no introduction to the public: it is already recognized as being far superior to any other tract. Its high and slightly location, its beautiful view of the city and mountains make t a property unequaled by any other in the city.”

The early residents’ were required to sign a detailed restrictive covenant. This hand-written document required property owners to build a “first-class residence,” of at least two stories, costing no less than two-thousand dollars (at a time when a respectable home could be built for a quarter of that amount, including the land), and built no less than thirty-five feet from the property’s primary boundary. Common in early twentieth century, another clause excluded residents from selling or leasing their properties to non-Caucasians.

By the mid 1930’s, however, most of the restrictions had expired. Between 1938 and 1945 many prominent African-Americans began to make “The Heights” their home. According to Carey McWilliams, West Adams Heights became known “Far and wide as the famous Sugar Hill section of Los Angeles,” and enjoyed a clear preeminence over Washington’s smart Le Droit Park, St. Louis’s Enright Street, West Philadelphia, Chicago’s Westchester, and Harlem’s fabulous Sugar Hill.

West Adams Heights, now also known as Sugar Hill, played a major role in the Civil Rights movement in Los Angeles. In 1938 Norman Houston, president of the Golden State Mutual Life Insurance Company, and an African-American, purchased a home at 2211 South Hobart Boulevard. Legal Action from eight homeowners quickly ensued. During that period, other prominent African-Americans began to make Sugar Hill their home – including actress Hattie McDaniels, dentists John and Vada Summerville, actress Louise Beavers, band leader Johnny Otis, and performers Pearl Baily and Ethel Waters, and many more. On December 6, 1945, the “Sugar Hill Cases” were heard before Judge Thurmond Clark, in LA Superior Court. He made history by become the first judge in America to use the 14th Amendment to disallow the enforcement of covenant race restrictions. The Los Angeles Sentinel quoted Judge Clark: “This court is of the opinion that it is time that [African-Americans] are accorded, without reservations and evasions, the full rights guaranteed them under the 14th Amendment.” Gradually, over the last century people of nearly ever background have made historic West Adams their home.

The northern end of West Adams Heights is now protected as part of the Harvard Heights Historic Preservation Overlay Zone (HPOZ). The Historic West Adams area of Los Angeles (which includes West Adams Heights) boasts the highest concentration of turn-of-the-century homes west of the Mississippi, as well as the highest concentration of National Historic Landmarks, National Register of Historic Places, National Historic Districts, State Historic Landmarks, Los Angeles Cultural-Historic Monuments, and Historic Preservation Overlay Zones in the city. The entirety of West Adams Heights should be nominated as a National Register Historic District, for the quality of homes, the prominence of the architects, notoriety of the people who lived in the neighborhood, and the role it played in civil rights.

Perhaps a quote adapted from a fireplace mantle in the Frederick Rindge mansion best symbolizes the optimism which exists in West Adams: “California Shall be Ours as Long as the Stars Remain.”

19 – James G & Rose Ganahl Donovan Residence – 2179 W 20th St, Moved from 2202 S Western Ave – 1903 – Robert Brown Young

James Donovan began as an apprentice to a watch maker in Aurora, IL, working his way up to Lead Mechanic and an eventual partner in the company, before branching into jewelry on his own. Accompanied by his sister in 1894 he came to Los Angeles for a month’s long vacation. At the end he decided to stay one more week – then three more months – and then founded to stay. He began Donovan & Seaman’s Co on Spring St, near Temple, when it was the heart of the LA’s shopping district. He later moved the store to 3rd & Spring St, then 7th & Broadway. When he built his residence, he chose a prominent location, placing it directly in front of the Berkeley Square gates, on the southeast corner of Western Ave and 22nd St. The home was designed by R B Young in a Transitional Victorian/Craftsman style, leaning more toward the Victorian. Young was a prolific architect in Los Angeles, designing many homes and office buildings, including the Vickery-Brunswig Building, San Fernando Building and Clifton’s Brookdale. The house was moved to its present location in 1929 as Western Ave transitioned to a commercial thoroughfare and the street was widened.

20 – Paul W Hoffmann Residence – 1926 S Western Ave – 1904

Charles Albert Rockwell was a partner in the building firm Martin & Rockwell, and through his company built several houses in West Adams Heights, on Western Avenue, including: 1926, 1962 and 2020 S Western Ave. He himself lived at 1962 S Western Ave before moving down the street to 2020 S Western Ave. This Transitional Craftsman/Victorian house he sold to Paul Hoffmann, dealing in loans and real estate. While most of the houses along the commercial corridors have vanished, this house and a few others, have managed to survive mostly intact.

21 – Ellis Doughl and Alphonso Barmann Residence – 1934 S Western Ave – 1905

A 1905 property permit to the building firm Pool & Jones suggests this is one of the few properties in West Adams Heights built on spec (speculation of a perspective buyer). The home was purchased by Ellis Doughl – who may or may not have lived on the property. In 1911 Newton H Foster, a junior clerk for the Santa Fe, appears to be renting the property, and in 1912 the property is sold to F Barmann for ,500. The 1915 City Directory shows Alphonso (Gen Contr), Herbert (Mach), Natalie (Tchr) and Walter (Mach) Barmann at the property. They had moved from their house on the other side of the Heights at 2047 La Salle Ave. Alphanso Barmann was given the general contract for construction of the 10 story Higgins Building in 1909. The house is Transitional Craftsman/Victorian with strong Colonial influences.

22 – Hans B & Ethyleen Nielsen Residence – 2010 S Western Ave – 1911

Built in the “Elizabethan Style” common at the time, this large Transitional Craftsman/Victorian incorporates half timbering and pebble-dash stucco into the design. It appears to have been built for Hans B and Ethyleen Nielsen.

23 – The Santa Monica Freeway – 21st to 22nd Streets – Originally called the Olympic Freeway – 1964

Like a river cutting through the heart of West Adams Heights, the Olympic Freeway as it was first called claimed approximately one-third of the homes, and some of the most significant. The entire block between 21st and 22nd Streets, on Western, Harvard, Hobart and LaSalle were demolished for the project. The prestigious “Harvard Circle” part of West Adams Heights was completely wiped off the map, with only vague and cryptic references left in newspapers and books. This canyon creates a permanent barrier in a once cohesive neighborhood. Plans for the Olympic Freeway were laid out in the 1947, coincidentally occurring a year after racial covenants were determined to be illegal and African-Americans gained the rights to live in the neighborhood. For almost 20 years, until the freeway’s completion in 1964, black leaders called on the city and the State of California to move the path of the freeway to Washington, Venice or Pico, to spare West Adams Heights, or Sugar Hill as it was becoming known. However, the commission overseeing the project ignored them. Even Mayor Bowron participated in efforts to spare Berkeley Square and West Adams Heights, but members of the commission were unmoved. In the early 1960’s the construction equipment arrived, the houses were removed, and one of LA’s most prestigious enclaves was divided.

24 – Kate A Kelley Residence – 2205 S Hobart Blvd – 1905 – Sumner P Hunt and Arthur Wesley Eager

The architecture team of Hunt & Eager designed this home for Kate A Kelley, the widow of John Kelley. She lived there with her sister Jennie MacKay. By 1915 the house was owned by Abram C Denman, Jr., th vice president and general manager of the Southern California Iron and Steele Company. As a boarding house run by the Agape Mission, the house has fallen on hard times, with stucco, an enclosed porch and aluminum windows. But with some time, money and love, the house could be restored.

25 – John & Gertrude D Kahn and Norman O & Edythe Houston Residence – 2211 S Hobart Blvd – 1911 – Milwaukee Building Company

The Kahn-Houston Residence is arguably one of the most important houses in West Adams Heights. It deserves to be a National Register of Historic places. Unfortunately, at this time (2014) its fate is uncertain. The Agape Mission, which has run an illegal boarding house from the property and from 2205 S Hobart, has recently been closed and both properties appear to be in receivership. This house is so important to the historic fabric of the community because it was the home of Norman O Houston, President of the Golden State Mutual – an insurance company for black Americans who could not obtain insurance from white-owned companies at an affordable price. See the Wikipedia article: en.wikipedia.org/wiki/Norman_O._Houston In 1938 Houston (then Vice-President) purchased the home. Wealthy white owners of the neighborhood prevented him from living in his home by re-establishing the “West Adams Heights Improvement Association,” and attempting to codify the rule preventing non-Caucasians from owning or renting property. In 1945 Norman Houston and the other black property owners won the right in court to legally live in the neighborhood. The house had been originally built for John Kahn, an early pioneer to Los Angeles who first came to Oakland, CA, around 1889 with his brother and opened a dry goods store. John moved to Los Angeles 3 years later and opened a large store in the ground floor of the Nadeau Hotel at 1st & Spring. Around 1897 he sold the enterprise and in 1899 incorporated with Jakob Beck to form Kahn-Beck, manufacturing food stuff, including: “All kinds of candy, macaroni and pastas of all kinds.” The company then grew into one of the largest biscuit making companies as the Kahn-Beck Cracker Company, or Kahn Beck Biscuit Company, and Angelus Biscuit Company. John Kahn passed in 1919. The house built in 1911 by the Milwaukee Building Company is in an avant-garde Spanish/Prairie style.

26 – James D & May C Smith and Louise Beavers-Moore & LeRoy C Moore Residence – 2219 S Hobart Blvd – 1904 – Frank M Tyler

For his first home in West Adams Heights, pioneer real estate developer Richard D Richards commissioned Frank M Tyler to build a 16-room English-styled mansion in 1904. Richards sold the property to James D Smith two years later, moving to another Tyler mansion at 2237 S Hobart Blvd and then to 2208 S Western Ave, where the Richards family lived until 1925. James Smith was proprietor of the James Smith & Co, a clothing store of the finest “ready-made” Franklin Brand clothing for men, established in 1902. For years the company operated from the Bryson Block, before relocating to the more fashionable Broadway. In the early 1940’s Louise Beavers joined Norman Houston (2211 S Hobart Ave) and Hattie McDaniel (2203 S Harvard Blvd) in the Heights. Louise Beavers was a talented actress, acclaimed for her role in Imitation of Life as Delilah. en.wikipedia.org/wiki/Louise_Beavers Louise was married to her second husband, LeRoy C Moore in 1952. LeRoy was a well-known interior decorator. Together the two lived at this house until Louise’s death in October, 1962, and LeRoy’s death four months later in February, 1963. At first glass the Smith-Beavers Residence appears to be completely remodeled, but comparing it to original renderings little has changed. The front left dormer is missing and at some point someone thought it would be a good idea to cover the house in Sears siding (the original siding is probably underneath). But other than having been divided, the house’s integrity remains intact.

27 – Ellen H (Mrs. Melville Morton) Johnston and Curtis & Ellen Williams Residence (Demolished) – 2237 S Hobart Blvd – 1906 – Frank M Tyler

The second residence in West Adams Heights built for Richard D and Cynthia J Richards, in 1906, has been replaced with a 1950’s apartment building. The first Richards home was located at 2219 S Hobart Blvd (the Smith-Beavers Residence). They lived at this house less than two years before relocating to 2208 S Western Ave, where the couple lived out their lives. This home was sold to Ellen H Johnston (Mrs Melville Morton). Melville Morton Johnston may have died April 3, 1892. If I’ve researched the correct person, he was originally from Clifton, Stanton Island, New York. (I mean, how many men named Melville Morton Johnston can there be? Right?) In 1911 Mrs. Johnson sold the house to Curtis Williams. Curtis died at the home in 1959, at the age of 89. Curtis Williams was a pioneering lumberman who came to Los Angeles in 1895. He was born in Oakland and reared in San Diego. He was an early member of the Los Angeles Country Club, the Jonathan Club, and University Club. The house was a rustic Transitional Victorian/Craftsman, having both elements, designed by Frank M. Tyler. It was a perfectly balanced house, whose presence looks more like it would have been designed by John Austin.

28 – Benjamin Johnson Residence – 2241 S Hobart Blvd – 1909 – G A Howard, Jr.

In 1909 Benjamin Johnson commissioned G A Howard to build this charming Transitional Craftsman/Victorian in an English Style. The cost in 1909 was a mere ,000. As president of the Los Angeles Public Market Co (a company owned by Pacific Electric), he could well afford the cost – as well as a domestic, cook and chauffeur. What he could not afford, however, was a scandal involving his under-aged rebel daughter Estelle. In 1914, on a return trip from finishing school in Washington, DC, after a brief visit to her grandfather in Chicago. For eluded reasons, she was hastily married to Mr. Terrance Ryan. To employ his new son-in-law, Mr. Johnson purchased a produce company and gave Mr. Ryan a position and a promise of a bungalow. This appears not to have been enough, and the Johnsons were forced to petition the courts for the divorce of their daughter and Mr. Ryan on grounds he could not provide. The Johnsons must have been scandalized when the entire affair was laid out in the Los Angeles Times society pages.

29 – John Newton & Annie Berdella Evans Russell Jr. Residence – 2263 S Hobart Blvd – 1906

Above the portico of this residence is the address “2249” S Hobart Blvd, however its legal address (according to the tax assessor’s maps) is actually 2263 S Hobart. The confusion is understandable. The property sits on three lots from what would have been 2249 (where the house actually sits) to the actual address of 2263 (which is the furthest lot south from the house). At this time the architect is unknown, but shows the adept hand of someone like Robert D. Farquar, who designed the John and Dora Haynes mansion on Figueroa in a similar style (demolished), or B. Cooper Corbett, responsible for the magnificent Denker Mansion on Adams Blvd. The house is an Italian Villa, in a Florentine style, years before the practice of designing thematic houses became popular in Los Angeles. This was the home of John Newton Russell, Jr., an insurance man. He was raised mostly in Waco, TX, before moving to Los Angeles with his father, also in the insurance business. Russell ran the Colorado branches of the Frederick Rindge’s Conservative Life Company, before the 1906 San Francisco earthquake. When the company was absorbed into Pacific Mutual, and moved to Los Angeles, Russell was recalled from Colorado to run the “Home Office.” Mr. Russell continued his success in the insurance industry, just as his wife enjoyed great social success. In 1942, their son, John Henry Russell, established the John Newton Russell Memorial Award, as a tribute to his father and mentor, recognizing the accomplishments and contributions of made by an individual in the insurance industry. This is the highest honor awarded by the National Association of Insurance and Financial Advisors (NAIFA), given each year. NAIFA is one of the nation’s oldest and largest associations representing professionals in the insurance and financial industries.

A New Lease on Life

Is lack of rental history upsetting you a when trying to find a place to rent? Are you just starting out in business and need a rented space for your business? If you have no rental history to prove your credibility you could have the worst time of your life securing first rental home, apartment or workspace.

Landlords worry when they get tenants with a bad rental history, whatever the reason may be. They simply won’t take the chance. After all, the landlords have a huge investment in their rental properties. The landlord, like you, is thinking of his or her needs only. Also, there are plenty of other tenants who can show a good credit and rental history. After all, thorough tenant screening is one of the best investmentsalandlord can ever have. Then why risk dealing with an unknown quantity?

You feel trapped in a sticky situation. How can you prove your reliability until someone first trusts you? The answer to all your distressing problems is a Guaranty of Lease. You may be able to move forward by finding someone reliable to back you with your plans. Signing a Guaranty of Lease and co-signing a loan are similar. Young people starting out fresh with their new lives, or people with prior financial problems, often need to find a co-signer in order to make a major purchase. It is very common for well wishers to step in and help a person make a start toward purchasing a home or a vehicle.

The Guaranty of Lease works in a similar fashion by giving landlords the security of knowing that someone who does have a strong financial statement, and credit and lease history will back their new tenant. The lease guarantor is giving you the once in the lifetime opportunity to make a start and prove your own worth in the financial arena. The guarantee could be the main element that allows you to pursue your dream of starting a new business or even securing a dream home for your family that you longed for which can otherwise be a daunting challenge.

The risk to your guarantor is similar to the risk when co-signing a loan. If you default, they pay. Your guarantor will be required to submit the same financial information that you did. Your landlord will want to be assured that they are not only willing to stand behind you, but that they have the resources to step in and start paying rent if you default.

Insurent.com provides a Lease Guaranty Program which helps you when you do not meet the criteria that the landlords require. A lease guaranty may also be helpful when a landlord requires additional security or prepayment of rent as an alternative to, or in addition to, a co-signer or guarantor. The Insurent Lease Guaranty typically may be used in any instance where a landlord would require the renter to have a third-party guaranty on a lease (e.g., a co-signer or guarantor). The Insurent Program, where available, will help you to rent your chosen apartment without having to find a co-signer or guarantor acceptable to the landlord and will eliminate the need for significant additional security or prepaid rent to the landlord. Insurent can speed the approval process and shorten the time needed to obtain an apartment.

Locating a Retail Space for Your Store and Negotiating the Lease

Location is one of, if not the most important, consideration when you are running a store. A good location brings in walk-in traffic. Without walk-in traffic, your store will suffer with lost sales. This is not your only consideration with location; you also need to look at how much the store is going to cost you and how that cost affects your bottom-line.

Be in High Traffic Areas
Your store must be visible as well as accessible, but it must also be in a location that draws people in. High traffic locations can do this. While they do cost more, the extra money that the store will bring in will be well worth it. A great location and price balance is also important since you don’t want to pay too much for a location, even if it has high traffic.

Having a street-front location with good traffic going past it is a good idea because this will draw customers in. Customers want convenience, not a painful time trying to park their vehicle. Having your store near restaurants, offices and service businesses can bring in a lot of walk in traffic for you.

Negotiate a Good Lease
The lease is important. Pay too much on it and you limit your net profits. Pay too little on it and you need to wonder why the store lease is so cheap (bad location, high crime, etc).

Long leases may seem like a good idea but you have to look to the future of your shop. Not all stores make it, so what do you do if you sign a five-year lease that you only use four years of? A better idea is to have a yearly lease that allows for a certain percentage increase in rent each year, usually five percent. Even if your store does not fail, you could find a long-term lease hurts business. If your store is doing great business, it may need a bigger shop, so what do you do if you are in a long-term lease in a store that has limited space?

Get Professional Help
It can be hard to decipher what lease agreements say. These documents are full of legal-speak, and if you feel you aren’t understanding everything mentioned in the agreement, then you should have your attorney look over the lease. They will be able to tell you exactly what you are getting into, and what you should watch out for in the agreement.

You should also have an inspection done of the building by a licensed property inspector. The inspector will look at the air conditioning, heating, plumbing and electrical elements of the retail space.

Understand Future Costs
Utility costs can sink you if you are not prepared for them. Heat, water and electricity can really cut into your profits, so it is important that you talk to the landlord of the building and ask for a history of utility costs if possible. This will give you a clearer idea of what you may be paying each month.

The Importance of the Walk-through
Doing a walk-through before you take possession of a retail space allows you to list any defects you see in the building. By doing this, you won’t be on the hook for those defects when your lease ends. Some landlords will try and get you to pay the costs to fix defects that were not your fault. By doing a walk-through and documenting the defects, you can prevent yourself from paying any unwanted costs.

Pamella Neely writes about how to start a consignment shop and how to get a good retail stop lease. Visit her site to review a sample consignment agreement and learn how much you can really expect to earn at consignment.

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The Steps To Negotiate A Commerical Lease

A COMMERICAL LEASE is a lease that is entered into a transaction for commercial or business purposes. When it comes to determining whether or not one should negotiate one, there are steps to consider. Here are some important steps.

The term of the COMMERICAL LEASE is very important because it can span a wide time frame. For example, one may be for a duration of three years. Others can even reach to ten years. Taking into account both the expiration and commencement dates should be done so one can determine whether it will be negotiable and for how long.

In regard to the property, checking the vacancy should be done. If the property is not vacant, the current tenant may raise issues. For instance, the tenant may not relocate or the construction occurring on the property may not be completed by the deadline. The tenant may also raise a disagreement over whether they can access the property at an earlier date so they can make installations and perform other improvement projects. The lease should cover the date for when the property should be completely ready and the moving date.

Determining rent for the property is a step where annual costs can be decided upon by taking into account the area of space per square foot. Rent can also be calculated by adding the costs the landlord pays in terms of operating the property, repairs, and taxes. It can also be established by the amount of real estate taxes, insurance, and looking into percentage leases.

Understanding subleases is important because a tenant can progress through one yet need to leave for any reason. If this happens, the tenant must be able to find another tenant to take the sublease for them. The new tenant must be able to pass the credit assessments and the landlord must decide if they meet the requirements to be a tenant.

Getting advice from professionals is also very helpful. Anyone considering going through this process can benefit from it. This way a starting point can be established and an outline of the process can be examined. Locally, people can get advice from a realtor or a lawyer who has knowledge on rental properties.

Those were some steps on how one can negotiate a COMMERICAL LEASE. Understanding the process of leasing and the costs is vital in the process. Knowing every date associated with one is also an important part of the process as well.

Get inside info on steps to negotiate a COMMERICAL LEASE in our guide to all you need to know about Commercial Leases in Aus on http://www.fivex.com.au

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