I’ve designed and uploaded a sample Installment Payment Agreement form for use with tenants who are behind on rent, security deposit, or fees which need a guided plan to help catch up.
Archive for February, 2009
(This post is part of our “Landlord Basics” series, which seeks to help the new landlord / investor understand some of the basics of tenant relations and property management. Click here to view the entire Landlord Basics archive.)
In a perfect world, every tenant would pay all their rent on time every month. Unfortunately for the real estate investor, we don’t live in a perfect world. A tenant’s failure to pay rent on time is a violation of the lease, but do you always want to move for eviction? The tenant payment agreement can help you stay on top of your tenants, while at the same time giving them the opportunity to catch up.
Continue reading ‘Landlord Basics: Tenant Payment Agreement’
Making sure that a tenant leaves a unit in good condition when they move out should be a priority for any landlord. The more work the tenant does, the less work the landlord has to do. Providing the tenant with a detailed and explicit list of cleaning instructions and move out procedures gives them a step by step guide to follow, and allows them to understand exactly what the landlord is looking for. I’ve included a sample Move Out Cleaning Instruction and Procedure for your use.
(This post is part of our “Landlord Basics” series, which seeks to help the new landlord / investor understand some of the basics of tenant relations and property management. Click here to view the entire Landlord Basics archive.)
A lease is a legally binding contract between a tenant and a landlord. As such, you should limit your discussions of issues in the lease and rental property to those on the lease. It may not seem like a big deal, but you could become legally liable for any third party disclosure.
