Residential Property For Lease In Philadelphia

State:
Multi-State
County:
Philadelphia
Control #:
US-0029BG
Format:
Word; 
Rich Text
Instant download

Description

The Sublease of Residential Property form is designed for individuals looking to sublease a residential property in Philadelphia. This form outlines all essential terms, including the duration of the lease, rent payments, late fees, and security deposits. It provides clear instructions on filling out the document, including the necessity of both parties' signatures. Users are advised to ensure they mention any existing damages to the premises within a specified period. Additionally, the form includes provisions related to maintenance, changes, and tenant rights to quiet enjoyment of the property. The utility of this form extends to attorneys, partners, owners, associates, paralegals, and legal assistants, as it simplifies the subleasing process by ensuring all legal requirements are met. Moreover, it serves as a protective measure for both sublessors and sublessees, detailing responsibilities and potential costs related to breach of lease terms. Overall, this form is an essential tool for managing residential leases effectively in Philadelphia.
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FAQ

One license can cover all units in a single building. If there are multiple buildings on your property, you must get a Rental License for each building. Still have questions? Learn about rental and property licenses.

The SmartAsset study found a single person in Philadelphia would need to make a salary of $92,726 per year, pre-tax, to live comfortably in the city. That breaks down to an hourly wage of $44.58.

Compared to other big cities, Philly's housing is tremendously affordable. If you are willing to live in a neighborhood that is racially and economically mixed, you can find a 3-bedroom apartment for under $2000. Houses can be found for under $100K in many of the city's neighborhoods, as well.

How to find a rent-to-own home: 5 different ways Connect with a real estate agent. A common way for people to find homes is to work with a real estate agent. Search the local real estate market. Apply for a rent-to-own program. Utilize a rent-to-own portal. Present an offer to an interested party.

1. Is Philadelphia a good place to buy investment property? Philadelphia stands out as an excellent place to buy investment property for several reasons. The city's stable job market, diverse economy, and growing population create a consistent demand for housing.

How to find a rent-to-own home: 5 different ways Connect with a real estate agent. A common way for people to find homes is to work with a real estate agent. Search the local real estate market. Apply for a rent-to-own program. Utilize a rent-to-own portal. Present an offer to an interested party.

A landlord can't forbid overnight guests or put a limit on how many visitors a renter has during a week or the month. When it comes to how many people can live in an apartment or other rental property, the standard is two people per bedroom.

If your landlord does not have a rental license, it is illegal for them to collect rent from you. To find out if your landlord has a rental license, use the city's Atlas tool and search for your address: .

The Philadelphia Housing Code prohibits property owners from leasing to more than three non-related individuals. You will need a variance or special exception to lease to a single family home to more than three unrelated individuals.

Is a rental license required to be a landlord? Pennsylvania doesn't have a statewide requirement on rental licenses. However, the City of Philadelphia does require landlords to have a license to rent to tenants.

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Residential Property For Lease In Philadelphia