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A housing lease may specify whether the renter is living alone, with family, children, roommate, visitors. A rental may delineate the rights and obligations of each of these. For example, a "sub-let" to a stranger might not be permitted without permission of the landlord. This also applies to whether or not pets may be kept by the renter.
In Toronto, rooming houses were common in the 1930s, during the Great Depression, because "wealthy homeowners" who had guest houses would rent out empty rooms to be able to keep their homes. After WWII, the city ensured that rooming house spaces were available for returning soldiers. [ 9 ]
Rent is often referred to as a fixed expense in a budget. This means the amount stays the same each month. Pinnegar said 12-month or longer-term leases help with budget calculations. The rent ...
A lease in which the renter benefits from an increase in value of the asset is known as a finance lease. A leasing agreement which is not a finance lease is known as an operating lease. In housing, when a tenant rents an apartment but only pays for their room and the common space is a lease-by-room arrangement.
The {{Room}} template is a navbox that helps readers locate additional articles related to rooms and spaces found in and around houses and public buildings. The emphasis of this navbox is on rooms and spaces found in residential dwellings; the terms that tend to cross over between both residential and public buildings are listed too.
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