{"id":738,"date":"2021-01-05T15:57:26","date_gmt":"2021-01-05T20:57:26","guid":{"rendered":"https:\/\/www.chrisanncleland.com\/?p=738"},"modified":"2021-01-05T15:57:28","modified_gmt":"2021-01-05T20:57:28","slug":"one-year-or-multiple-year-lease","status":"publish","type":"post","link":"https:\/\/www.chrisanncleland.com\/index.php\/2021\/01\/05\/one-year-or-multiple-year-lease\/","title":{"rendered":"One Year or Multiple Year Lease?"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.chrisanncleland.com\/wp-content\/uploads\/2021\/01\/For-Rent-Sign-2.jpg\" alt=\"\" class=\"wp-image-739\" width=\"363\" height=\"363\" srcset=\"https:\/\/www.chrisanncleland.com\/wp-content\/uploads\/2021\/01\/For-Rent-Sign-2.jpg 667w, https:\/\/www.chrisanncleland.com\/wp-content\/uploads\/2021\/01\/For-Rent-Sign-2-300x300.jpg 300w, https:\/\/www.chrisanncleland.com\/wp-content\/uploads\/2021\/01\/For-Rent-Sign-2-150x150.jpg 150w, https:\/\/www.chrisanncleland.com\/wp-content\/uploads\/2021\/01\/For-Rent-Sign-2-200x200.jpg 200w\" sizes=\"auto, (max-width: 363px) 100vw, 363px\" \/><\/figure><\/div>\n\n\n\n<p><strong>One Year or Multiple Year Lease?<\/strong><\/p>\n\n\n\n<p>Whether you are a landlord or a tenant, longer leases tend to be the preference.  Both sides enjoy having a commitment for a longer period of time, unless there are circumstances where the tenant may be planning on a move sooner, or the landlord may be planning to sell their rental property in the near future.  Today, I bring an alternative point of view to the length of an initial lease between landlord and tenant.<\/p>\n\n\n\n<p>A one year commitment is a great place to start over a multiple year commitment.  Here&#8217;s the logic.  Do you really want to committed for a longer period of time if the initial period is not working out.  Imagine being a tenant committed to a landlord that doesn&#8217;t fix items for longer than one year.  For landlords, having a slow paying  or difficult tenant that you are committed to for a longer period of time may not the dream you thought it would be.<\/p>\n\n\n\n<p>Neither party is usually averse to the idea of renewing a lease if the relationship is going well.  That also gives the landlord the opportunity to evaluate if a monthly rental  increase is in line with market value.  And let&#8217;s face it, while this may be something a tenant wants to fight happening, the cost of moving is always going to be more than the cost of a slight rental increase.<\/p>\n\n\n\n<p>Just my two cents on the subject.  Ultimately, whatever my clients (tenants or landlords) decide is up to them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One Year or Multiple Year Lease? Whether you are a landlord or a tenant, longer leases tend to be the preference. Both sides enjoy having a commitment for a longer period of time, unless there are circumstances where the tenant may be planning on a move sooner, or the landlord may be planning to sell <a class=\"more-link\" href=\"https:\/\/www.chrisanncleland.com\/index.php\/2021\/01\/05\/one-year-or-multiple-year-lease\/\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,20,33],"tags":[163,164,165],"class_list":["post-738","post","type-post","status-publish","format-standard","hentry","category-bristow","category-gainesville","category-haymarket","tag-bristow-va-rental-listing-agent","tag-gainesville-va-rental-listing-agent","tag-haymarket-va-rental-listing-agent"],"_links":{"self":[{"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/posts\/738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/comments?post=738"}],"version-history":[{"count":1,"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/posts\/738\/revisions"}],"predecessor-version":[{"id":740,"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/posts\/738\/revisions\/740"}],"wp:attachment":[{"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/media?parent=738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/categories?post=738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisanncleland.com\/index.php\/wp-json\/wp\/v2\/tags?post=738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}