Maximize Flexibility: 3 Benefits of Monthly-Rolling Studio Rentals for Artists
/Maximize Flexibility: 3 Benefits of Monthly-Rolling Studio Rentals for Artists
Renting an art studio space can be a daunting task, but opting for a monthly-rolling contract can provide a greater level of flexibility and freedom for artists.
With the ability to give just one month’s notice before leaving, these contracts offer a range of benefits, from the ability to scale up or down space as needed to the freedom to explore different neighborhoods.
In this article, we’ll explore three key perks of monthly-rolling contracts when renting an art studio.
Try out the space first…
One of the main perks of having a monthly-rolling contract with your art studio is that is allows you to try out the space before committing to a long-term lease.
This can be particularly useful if you are unsure whether the studio space is right for you, or if you are unsure on how long you will need the space for.
With a monthly-rolling contract, you can rent the space for a month at a time and then decide whether you want to continue renting it or not.
Adjust the amount of space you need…
Another perk of monthly-rolling contracts is that it allows you to easily adjust the amount of space you are renting.
If you find that you need more space, you can simply rent an additional studio on a month-to-month basis, or simply move to a bigger studio by giving us your one month notice.
On the other hand, if you don’t need as much space as you originally thought, you can easily get a smaller space without having to worry about breaking a long-term lease.
Save money on the long run…
Additionally, having a monthly-rolling contract can save you money in the long run.
With a long-term lease, you may be required to pay a several-months’ deposit and other fees upfront, which can be a significant financial burden.
With a monthly-rolling contract, you can avoid these large upfront costs and only pay or the space on a month-to-month basis and a one-month rent’s deposit which is returned when/if you decide to leave your space.