What Does Double Occupancy Mean In Apartment Leasing?
“Double occupancy” simply means that the same person is living in one unit for a long period of time. Normally, these are short-term leases. A renter will occupy a unit for about six months at a time. They can then either move out on their own accord or be forced out by the owner if the lease has expiry dates or otherwise. So, what does double occupancy mean?
This can mean several different things to different individuals. It could mean an extra bed in the apartment, being able to cook there instead of eating out, or even more space. Basically, it is renting a unit when you are also residing in it. Obviously this is most common with furnished apartments, but it can apply to other types of accommodation such as hotel rooms and B&BS.
Double occupancy is often a marketing ploy for apartment owners to encourage people to stay there. Because a unit usually only has one occupant for a short period of time, advertising the availability of double occupancy can often increase the rent of the whole apartment block. So, what does double occupancy mean?
You can use this confusion among tenants to your advantage and sell your property. Letting people know that there will be two people living in a unit will often get them to pay more, as will advertise the expiry date of the lease. Another thing to keep in mind is that what does double occupancy mean is that one tenant will be responsible for paying the deposit on the apartment. So, what does double occupancy mean?
Basically it is about giving the impression to your tenants that they have two lives living in that one unit. If they are not careful with this and assume that everything will go smoothly, then they may be surprised when they find out that the landlord is going to charge more each month because the unit has double occupancy. The best way to keep this from happening is to make sure that all signs point to the fact that this is an apartment where two people live. Make sure that your tenants are careful with what is in their unit, double check that the electricity is off and that there are no pets.
Also, what does double occupancy mean? In most cases, the landlord will raise the rent each month until the unit has no one living there anymore. This gives the impression to the tenants that the apartment is filled with people and that the landlord is making money off of them. This is one way that you can legally advertise to help with the property market. So, what does double occupancy mean?