Every Monday we’ll post something to do with maintaining sexual purity. Hope it helps.
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Under New Management
When my wife and I moved into our current home nineteen years ago, we decided to hang onto our prior house and rent it out. Since then, land-lording has provided plenty of teachable moments, none more useful and relevant to me than the lesson of the difference between management and ownership.
The distinction between them seems pretty clear, right? To rent a property means to occupy and manage it with limited rights; to own it is to enjoy the unrestrained right of ownership. But you might be surprised how hard it is for some people to get the difference.
It’s a difference spelled out plainly in the rental agreement. The Renter lives in the house, has discretion to make minor changes, and is obliged to check with the Owner before attempting any major changes to the property. The Owner makes ultimate decisions regarding additions or renovations, and retains final authority in all matters regarding the property. In the end, the Renter answers to the Owner for the way she or he has managed the house, and will be fined or refunded accordingly.
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