Looking for a quick way to create the key documents necessary for owning or managing rental property, including a legally valid lease or rental agreement? Leases & Rental Agreements provides the practical and legal information necessary to rent out your property in record time -- and without a pricey attorney.
With this bestselling guide, you'll learn how to:
Leases & Rental Agreements includes tear-out forms (plus step-by-step instructions to fill them out), including a rental agreement, lease, rental application and more. Complete these forms by adding the needed information by hand or by using a typewriter, or fill in the documents on your PC using the enclosed CD-ROM. The 8th edition provides updated 50-state legal charts on security deposits, rent rules, access to rental property and more, plus an expanded chart on your state's disclosure laws.
The rental agreement or lease that you and your tenant sign is the contractual basis of your relationship. Taken together with the landlord-tenant laws of your state -- and, in a few areas, local and federal laws -- it sets out almost all the legal rules you and your tenant must follow. Your rental agreement or lease is also an immensely practical document, full of crucial business details, such as how long the tenant can occupy your property and the amount of the rent.
Given their importance, there's no question that you need to create effective and legal rental agreements or leases with your tenants. This book shows you how, by providing clearly written, fair, and effective lease and rental agreement forms, along with clear explanations of each clause.
Our agreements are legally accurate and up to date, based on careful research of every state's landlord-tenant laws. They can be tailored to fit the details of your situation using the 50-state law charts in Appendix A. Throughout the book, we suggest ways to do this.
In addition to showing you how to prepare a lease or rental agreement, this book also covers key legal issues that landlords need to understand, including how to legally choose tenants and start a tenancy. It also highlights the legal and practical issues involved with changing or ending a tenancy. This book provides forms that supplement a lease and a rental agreement, including a rental application designed to help you choose the best tenant. Other forms, such as a Landlord-Tenant Checklist (used to document the condition of the rental unit at the beginning and end of the tenancy), will help you avoid legal problems with tenants, such as disputes over security deposits.
The lease
and rental agreement and other forms included in this book are on
the Landlord Rental Forms CD. We also include tear-out versions of
these forms in Appendix C at the back of the book. The CD-ROM also
includes a special legal guide to complying with discrimination
laws.
Who shouldn't use our lease or rental agreement? Don't use
the forms in this book if you're renting out property that is
subsidized by the government, such as the Section 8 program of the
federal Department of Housing and Urban Development. You may need
to use a special government-drafted lease. Also, our forms should
not be used for renting out mobile homes, townhouses, hotels, or
commercial property. If you are renting out your condominium or
townhouse, use this book in conjunction with your homeowners'
association's rules and regulations (called CC&Rs, or
covenants, conditions, and restrictions). These CC&Rs may
affect how you structure the terms and conditions of the rental and
how your tenant uses the unit.
Here are summaries of important legal or procedural changes that affect the latest edition of this product.