In essence, a Master Lease is a lease we hold with you, as the owner of the property. This unique form of leasing is a contract directly between The Perfect Tenant and you, enabling us to take control of the day-to-day aspects of your property and rent it out to great tenants without ever bothering you with all the details. Master Leases tend to last longer than conventional leases, and with The Perfect Tenant, we generally lease properties for between 5-10 years at a time.
The Master Lease means we have a legally binding contract, keeping you safe and ensuring you get all rent paid on time. That means you aren’t missing out on cash to pay the mortgage when a tenant vacates, and you don’t have the headache of getting involved in lengthy advertising, ongoing searches, or liaising with property managers.
You can sit back, relax, and be comforted by the knowledge that your property is kept up to standard, rented appropriately, and managed for you.