We have only been property investors for almost 12 months, so new at the game. We have had some good tenants in our home for the past almost 12 months and have asked what their intentions are after the twelve month lease expires. They have said that they wish to stay but would like a month by month tenancy. I'd like to know the advantages and pitfalls of agreeing to such a tenancy. We have LL insurance - will it affect that? We lease our property through an agency as well.
Thanks, in advance.
Jacinta
Thanks, in advance.
Jacinta