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It's In The Contract...lease Tips



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-It's your property.

You set the rules! Attach a list of your rules to the lease agreement and have the tenant initial a copy for your files.

This will be invaluable if you end up in small claims court.

-Don't be afraid to enforce the lease agreement.

You can use a "Notice to comply with lease agreement" form to put your tenants on notice.

-All adults on the lease are responsible jointly and separately for the rent.

If one roommate moves out or looses income, the remaining tenant will be responsible.

I clearly explain the consequences and add this to an addendum as part of the lease agreement.

This is especially important with the boyfriend/girlfriend situation.

-Your lease agreement should state HOW MANY people will be occupying the unit.

Fred Grunewald
nwapartmentsales.com

Posted by Landlord Stuff on 10/1/07 12:19 AM

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