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If you create your own lease, be sure to start with a solid legal foundation or prewritten lease, then customize the lease for your particular circumstance. Then take it to a local real estate attorney for a final legal review before using it. Make sure you understand your local and state laws, and keep your writing plain and simple.
Besides the typical protections, strive to make a ‘tenant satisfaction agreement’. You can create a lease with incentives that will let your tenants assist you with marketing your rentals.
Not only will it create a better relationship with your tenants, but it will help you learn new concepts and ideas for being a better property manager.
Besides the basic lease, you can also turn your lease into valuable marketing. Your tenant will appreciate your special considerations.
Follow these basic guidelines and you will develop a solid long lasting relationship with your tenants.
the (. He has over 20 years experience in consulting and software development for real estate. Mr. Toller also markets a product for easy creation of leases called the Lease Designer software. (. The Lease Designer product allows the user to select from several prewritten leases, choose from over 200 prewritten rental clauses, and add house rules templates to the lease. The user can also write their own leases and clauses, modify the existing templates, or import leases from other programs.
Marketing of Rentals and DIY Solid Lease Agreement. (2020, Jun 01). Retrieved from https://studymoose.com/marketing-of-rentals-and-diy-solid-lease-agreement-essay
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