Rent it Right
If the rent is high compared with the concession (for example, the concession is only one-quarter of the rent), the market is glutted with rentals like this, and if other landlords are offering deep concessions, you may have been justified in thinking that a $500 concession was an intentional marketing decision.
Janet Portman is an attorney and managing editor at Nolo. She specializes in landlord/tenant law and is co-author of "Every Landlord's Legal Guide" and "Every Tenant's Legal Guide." She can be reached at firstname.lastname@example.org.
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|Letter to the Editor|
Vacant homes attracting squatters
What's Your Home Worth?