Is there anyway I can put 1 property on multiple separate leases?? For example a 4-5bedroom house that is used for student accomodation, instead of using sub-leases, or having to change the lease each time a student moves in and out, can I have each of the students on separate leases. I want to ensure that the house is not considered a "share" house.
If not, can you do minor reno's on the existing house so that each bedroom is considered a different address ie bedroom 1 is 4a Bedroom 2 4b etc. When I say minor reno's ie ensure each bedroom has a kitchenette etc. I guess, what would define a house a apartment complex with common living areas.
Is there any other ways around this, I want a single house with muliple tenants on separate leases and have the house not considered a "share" house.
Be careful that you have insurance cover that matches the arrangement you propose. I beleive that you can split the lease as you propose , but I also found out that some insurance companies are particular about having all parties on one lease and a minimum lease period. I am guessing they would want a higher premium for the arrangement you propose …..assuming you run with insurance
I can really find any information on this except that in share house leases that there can be Co-Tenancy, Head Tenant/Sub Tenant leases. I would I go about creating multiple leases on the same house.
How does it work when someone leases out a granny flat, is it considered a separate dwelling?? What if the granny flat is under the main roof??
Excuse me Mat, Im trying to learn from your post but im missing something. besides insurance what is so bad about having the property regarded as a share house. It appears to be one.
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