Hi guys, I'm looking at buying a 4 bedroom property that is currently tennanted by the room. I was just wondering if somebody could give me a rundown on my responsibilities and obligations as a landlord when it comes to having individual tennants sharing one place as opposed to having say a couple/family in there one chief tennant or who is subletting to the others . I don't think you'd consider this a boarding house, the students living there are usually there the whole year and although they have individual locks on their bedrooms it's not much different from a normal flat/house. What's the story with having multiple tennancy agreements for the one property? Is it legit? Or am I better to have the place rented to one person and let them sort out who lives there.
I've done a good search of ptalk but I can't find the answers I'm looking for (did find the definitions of boarding house, a boarder and a flatmate though).
Cheers,
Rizowz
I've done a good search of ptalk but I can't find the answers I'm looking for (did find the definitions of boarding house, a boarder and a flatmate though).
Cheers,
Rizowz
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