Breaking a Lease in Ogden, Utah - Know the Laws
Most landlords in Utah require their tenants to sign a lease before moving in. This lease agreement makes their tenant contractually obligated to adhere to the terms of the agreement for the duration of the tenancy (usually a year). Breaking a lease agreement is when a tenant, for whatever reason, moves out while the lease period is ongoing. This can be legal or illegal depending on the reason for moving out and whether or not the tenant has met the Utah law requirements. The following is everything you need to know about a tenant breaking a …
Top Tips When Buying Investment Property in Ogden
If you looking to secure your financial future, investing in property is one of the best decisions you can make. Real estate has always set itself apart from other investment options such as stocks and bonds. Property appreciates over time, acts as a hedge against inflation, and provides long-term passive income (for those looking to invest in a rental property). However, for you to enjoy all these investment benefits, you must put your funds in the right market and the right property. The services of a reputable property company come in handy …
Utah Security Deposit Laws
As a Utah landlord, you have a right to ask for a security deposit as part of your lease agreement. Security deposits can help shield you against potential liabilities that may arise. For instance, a tenant's security deposit may help cover for nonpayment of rent or the cost of repairing negligent property damage. The security deposit law is contained in the statewide landlord-tenant laws. As a landlord in Utah, you must abide by the Utah security deposit law when handling, using and returning your tenant's deposit. In this post, we are an…
