You've probably got a good toolkit for emergency repairs and routine maintenance. But do you have the tools you need to draft a legally valid lease or write a move-out letter that will protect you later?
You've probably got a good toolkit for emergency repairs and routine maintenance. But do you have the tools you need to draft a legally valid lease or write a move-out letter that will protect you later?
Create a solid, binding lease that complies with your state laws If you rent out residential real estate, you need to create documents that are legally valid where your rental property is located. Every state has its own rules when it comes to what landlords must include in their leases, and stationery store forms don’t tell you what you need to know. Not only does this book contain instructions on how to tailor your rental documents to your state’s laws, it also gives you customizable versions of key rental forms you need, including: a fixed-term lease a month-to-month rental agreement a rental application tenant reference and credit check forms move-in and move-out letters, and a property inspection checklist. The 14th edition is completely updated to reflect the latest landlord-tenant laws—find out what your state requires regarding security deposits, entry to rental property, disclosures, termination notices, and much more. This new edition also covers topics relevant to today’s landlords, such as keeping tenant records and amending a lease or rental agreement for COVID-related reasons. With Downloadable Forms Download and customize a lease, move-in letter, and other important rental documents landlords and property managers need, more details inside.
Tenants are often handed a long, dense lease with incomprehensible language and told to just sign it. Even if they’re unable to negotiate better terms, they need to understand the rules that they’re agreeing to play by.
Co-published by the John M. Olin Center for Law, Economics, and Business at Harvard Law School and Harvard University Press, the JLA is a peer-reviewed publication on law. It aspires to be broad in coverage, including doctrinal legal analysis and interdisciplinary scholarship. JLA articles are free online and available for sale in bound issues. Volume 2, Issue 2 contains contributions from Yair Listokin, Eric Posner, Kathryn Spier, Adrian Vermeule, Alan Sykes, Benito Arruñada, Theodore Eisenberg, Michael Heise, Ncole Waters & Martin Wells, J. Mark Ramseyer, and Jonathan Masur. http://jla.hup.harvard.edu
Protect your investment! Choosing new tenants who will pay on time, respect your property, and stay for an extended period will make your life easierand your business more profitable. This book guides you through the process of attracting, screening, choosing, and getting the best renters possible. Just as important, it shows how to avoid problem tenants. Youll learn how to: avoid discrimination complaints advertise effectively screen tenants over the phone show the unit evaluate applications examine credit reports check references make a rental offer reject applicants and much more. With Downloadable Forms: includes dozens of forms and checklists that will help you get the information you need without running afoul of the law available for download (details inside).
The 101 on earning rental income from a single-family homeDo you own a house youd like to rent out rather than sell? Its a common scenario in todays market, especially if youve inherited a house, are moving to another home, or are buying an investment property. And it may mean youre about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. Learn your legal obligations. Estimate costs and profits. Choose good tenants and avoid problem ones. Make the most of valuable tax deductions. Handle repairs and property management tasks. The 5th edition is updated to cover major legal changes, in particular how the Tax Cuts and Jobs Act created pass-through deductions that can benefit landlords. Includes sample forms and budget worksheets.
You've probably got a good toolkit for emergency repairs and routine maintenance. But do you have the tools you need to draft a legally valid lease or write a move-out letter that will protect you later?