The ancient city of Teos reveals oldest rental agreement. The document was written 2,200 years ago. There many lessons to be learned from it. It even had a guarantor and the elders of the city appear as a witnesses of the agreement. There are even penalties in case the building is used inappropriately. This is a tighter agreement that may self-managed properties that I’ve seen, lol.
Interesting lines include: Building will be used three days a year” and “If building neglected or harmed there is penalties” and get this “building will be inspects by the neos in every year”. Most self managed landlord I know today don’t even inspect their buildings. Have we learned nothing in the 2200 years since this agreement?
If we learned anything from this document, it’s inspect your buildings r get someone like Reliable1 to manage for you.
see the full document and video at: http://webtv.hurriyet.com.tr/haber/2200-yillik-kira-sozlesmesi-gun-isigina-cikarildi_136909
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