What are the Benefits of a Long-Term Lease? from Hensie Pringle's blog


 

There are a few different types of rental agreements that you can choose to go with depending on where you live and what makes the most sense for you. Many people who like to have stability and will not move around that often will find that a long-term lease is going to be one of the best options for them. But if you plan to move around a lot and aren’t sure how long you will stick around, then this kind of lease can seem a bit restrictive to you and it is time to look more at the month to month lease that is available instead.

 

For many landlords and tenants, then looking into a long-term lease is going to be a smart decision to make life easier.  There are a lot of benefits that come with choosing to have a lease, rather than going to a rental agreement or something else that is shorter in term. Some of the benefits of choosing to go with a lease instead of some of the other options includes:

 

# It allows you to have the rent stay the same for a long time. You won’t have to worry about the rent price changing every month. You know that, for the length of the rent, you will be able to enjoy the same amount for rent.

# You get stability of the rules staying the same. For the entire time that the lease is good, you and the landlord will be able to enjoy the same terms and conditions. This can make it easier and can avoid some of the confusion that is going to come up along the way.

# You can stay in one area for a long time. If you have no plans to leave, having the same lease for that entire time will make a difference. You can even consider going for a longer lease, such as one that is 18 to 24 months, rather than one that is 12 months.


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By Hensie Pringle
Added Oct 7

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