Top Tips When Buying Investment Property in Leesburg
Leesburg is a Washington, D.C. suburb. It is located in Loudoun County and is considered one of Virginia's nicest places to live. Residents in Leesburg enjoy a dense suburban vibe, the dream of every household in North America. Leesburg is home to a large number of families and young professionals. The Leesburg education system is remarkable; the faculty and programs provide a quality of education rarely seen in public schools across the country. Coupled with numerous parks in the area, this suburb is ideal for bringing up a family. With its lo…
Reasons to Invest in Leesburg Real Estate
Are you looking to invest in Leesburg, VA real estate? Leesburg is the core of Loudoun County. This city exudes small-town charm thanks to its downtown historic district. However, Leesburg is a modern city with a substantial population of more than 50,000 residents. Leesburg, Virginia hosts festivals and celebrates national holidays with gaiety. On the first Friday of each month, locals gather to enjoy late-night shopping and fantastic concerts by local musicians. Residents in Leesburg enjoy the community’s suburban feel and its access to qual…
Virginia Security Deposit Laws
Per Virginia landlord tenant law, Virginia landlords have a right to ask for a security deposit when they rent out a property to a tenant. The Virginia security deposit ensures compensation for any loss the landlord incurs related to the rental unit because of a tenant’s actions. Such tenant actions include: • Early lease termination. Once a tenant signs the lease or rental agreement, they are contractually obligated to stay and pay rent for the entire term of the lease. There are only two exceptions in this regard. That is, one, if there is…
Virginia Rental Laws - An Overview of Landlord Tenant Rights in Leesburg
Virginia landlord-tenant laws are contained in the Virginia Residential Landlord and Tenant Act. The landlord-tenant relationship can be established either through a verbal or written rental agreement. After the relationship has been established, both parties obtain certain rights and responsibilities as per the Virginia landlord-tenant law, aswell as local landlord-tenant laws. For instance, your tenant obtains the right to live in a habitable rental property. Failure on your part to provide such housing gives your tenant the right to termina…
