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Learning, Sharing, and Teaching => Real Estate and Landlording => Topic started by: sarah12578 on December 10, 2015, 02:53:54 PM

Title: Tenant Leasing Parking Space
Post by: sarah12578 on December 10, 2015, 02:53:54 PM
Hi, My tenant wants to rent out his parking space in the condo building to another resident.  I don't have any real issue with it, and am glad he asked beforehand.  Are there liability issues?  Should I rent it out and discount his rent?  Any advice?

Title: Re: Tenant Leasing Parking Space
Post by: Drifterrider on December 14, 2015, 07:15:07 AM
In my opinion, let the tenant do the work (find someone who wants to rent the parking space, collect the money, deal with the hassle of non-payment, etc) and collect what he can.  You keep collecting the rent from the tenant.
Title: Re: Tenant Leasing Parking Space
Post by: randommadness on December 16, 2015, 07:14:22 AM
In my opinion, let the tenant do the work (find someone who wants to rent the parking space, collect the money, deal with the hassle of non-payment, etc) and collect what he can.  You keep collecting the rent from the tenant.

I agree with this. One less headache for you.