Get It in Writing

By E-Renter Tenant Screening
Posted on November 5, 2008 under Landlord Tips | Be the First to Comment

Even if you happen to rent to friends, be sure to get everything you agree to in writing. Worst case, you’ll be sure you are protected if something goes wrong. It’s important, also, just so that there are no misunderstandings down the road!

What to Include in Your Lease
Your lease or other documentation should include:

• names of everyone living in the property
• rules regarding who is responsible for all repairs and maintenance and how quickly those are taken care of
• notice required for you to visit the property
• all deposits and fees and what those cover
• the rental amount
• length of the contract

Check the Laws
You might also want to check with your attorney to be sure about the laws in your state and include any special situations in your lease.