diff --git a/Do-your-Tenants-Work-from-Home%3F.md b/Do-your-Tenants-Work-from-Home%3F.md new file mode 100644 index 0000000..e93c621 --- /dev/null +++ b/Do-your-Tenants-Work-from-Home%3F.md @@ -0,0 +1 @@ +
That is excellent news for landlords as not only do business tenancies have mortgage and insurance implications, however they will mean the tenant turns into eligible for automatic lease renewal. The LTA defines a home-based business as "a business of a form which might moderately be carried on at home.". However, this excludes a enterprise concerned in the availability of alcohol to be consumed on the premises. The property should stay primarily residential, which generally implies that not more than 40% of it should be used for industrial activities. Do I've to permit tenants to run a home business? Firstly, if a tenant wants to run a home business out of your property they should get your permission in writing. However, you are not allowed to ‘unreasonably’ refuse a request. Practically talking, you’ve received three grounds on which you'll reasonably refuse. Changes to your mortgage In case your mortgage specifies that your property must remain principally residential, you may veto tenants from working a home-based business.

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