By: Evelyn L. Aguinaldo / Author / Investor / Cyber Real Estate Property Seller
Rental properties include real estate property such as houses, homes, hostel, apartments, condos, condotel, lofts, villas, vacation houses and townhouses for rent. A rental property is any form of real estate that the lessor (owner) is willing to allow a lessee (tenant) to rent the property for a specified period of time. Rental property is property such as land, buildings, and/or units available for rent.
Rental Property Types:
Apartment for Rent: An apartment for rent is a rented unit in either a building or a flat. Apartments for rent are self contained units that occupy a portion of a building that usually doesn’t have amenities provided.
Condo Rentals: Condominiums for rent is also a self contained unit that occupy a portion of a building but unlike apartment, condominium buildings are provided with amenities and facilities, the like of swimming pool, view decks, social hall, gym, wifi enabled, etc. to name a few. Unit owner and lessee can use the building amenities and facilities provided free of charge or with minimal fees as mandated by the building administrator.
Duplex for Rent: A duplex is a property that has two conjoining units. Some are side-by-side while others are on separate floors. Most look like two houses that have been combined on one side. Duplexes that appear stacked usually look more like townhouses. They are most commonly found in some subdivisions within your locality. Duplexes houses appear much like a smaller version of an apartment. The main difference between a duplex and an apartment is the size.
Room for Rent: Renting a room is a great alternative. Save money by splitting utility costs and reduce monthly payments by sharing the cost with another roommate or with the owner of the property. This is widely practiced near the university belt institutional academe and or in the vicinity of commercial establishments.
Vacation Rental: A vacation rental is any rental property used for short-term renting. They are primarily occupied by travelers to replace a typical hotel-style accommodation.
Lot for Rent: A land lease or ground lease is a lease in which the tenant rents and uses the land, but owns the temporary or permanent buildings and other objects placed upon it. According to the real estate law, a parcel of land can be leased by local or foreigner on a long term contract.
The rental of real estate is embodied in written agreements or contracts voluntarily entered into and subscribed by the lessor and lessee thereof, before a public officer designated as the Notary Public of the City or Province where the subject property is located. The real estate rental should follow these guidelines, the Rent Control Act of 2009 which is already signed into Law that would impose a year-long moratorium on rent increases. The new law,Republic Act 9653, will not allow increases in housing rental for a year, and after that, it puts a cap on any increase to only seven percent until 2013.
Rental properties include real estate property such as houses, homes, hostel, apartments, condos, condotel, lofts, villas, vacation houses and townhouses for rent. A rental property is any form of real estate that the lessor (owner) is willing to allow a lessee (tenant) to rent the property for a specified period of time. Rental property is property such as land, buildings, and/or units available for rent.
Apartment for Rent: An apartment for rent is a rented unit in either a building or a flat. Apartments for rent are self contained units that occupy a portion of a building that usually doesn’t have amenities provided.
Condo Rentals: Condominiums for rent is also a self contained unit that occupy a portion of a building but unlike apartment, condominium buildings are provided with amenities and facilities, the like of swimming pool, view decks, social hall, gym, wifi enabled, etc. to name a few. Unit owner and lessee can use the building amenities and facilities provided free of charge or with minimal fees as mandated by the building administrator.
Room for Rent: Renting a room is a great alternative. Save money by splitting utility costs and reduce monthly payments by sharing the cost with another roommate or with the owner of the property. This is widely practiced near the university belt institutional academe and or in the vicinity of commercial establishments.
Vacation Rental: A vacation rental is any rental property used for short-term renting. They are primarily occupied by travelers to replace a typical hotel-style accommodation.
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The rental of real estate is embodied in written agreements or contracts voluntarily entered into and subscribed by the lessor and lessee thereof, before a public officer designated as the Notary Public of the City or Province where the subject property is located. The real estate rental should follow these guidelines, the Rent Control Act of 2009 which is already signed into Law that would impose a year-long moratorium on rent increases. The new law,Republic Act 9653, will not allow increases in housing rental for a year, and after that, it puts a cap on any increase to only seven percent until 2013.
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ReplyDeleteThe lease of property or home is embodied in published legal agreements or agreements willingly joined into and bought by the lessor and lessee thereof, before a community official specific as the Notary public Public of the Town or Region where the topic property or home is situated.
It is really nice and good property I want to have. As of now many of us are renting a houses and condo, this kind of real estate is what we need. Because we know how hard to buy own houses today and rent a property is much applicable.
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