Vincent Wong - Property lease option agreement explained -...

What is lease-to-own?

Tipping culture is getting out of control…🙄😂 When drafting a lease agreement with a new tenant, a landlord should include several key points to ensure a clear and mutually beneficial arrangement. Firstly, the lease should specify the duration of the tenancy, whether it's a fixed term or month-to-month agreement. Secondly, it should outline the agreed-upon rent amount and due date, as well as any penalties for late payments. Additionally, the lease should outline the responsibilities of both pa