Rent your property now with this quick and easy handbook.
Here's a quick way for landlords to create the key documents necessary for owning or managing rental property, including a legally valid lease or rental agreement.
With this bestselling guide, you'll learn how to:
prepare a rental agreement or lease
tailor your documents to meet your needs
make required disclosures
comply with you state's laws on security deposits, privacy rules, discrimination and more
check tenant references and credit
do a final inspection when a tenant moves out
and more
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. The 6th edition provides updated 50-state legal charts on security deposits, rent rules, access to rental property and more.
List of Forms
Month-to-Month Residential Rental Agreement
Month-to-Month Residential Rental Agreement (Spanish version)
Fixed-Term Residential Lease
Fixed-Term Residential Lease (Spanish version)
Disclosure of Information on Lead-Based Paint or Lead-Based Paint Hazards
Disclosure of Information on Lead-Based Paint or Lead-Based Paint Hazards (Spanish version)
Protect Your Family From Lead in Your Home Pamphlet
Protect Your Family From Lead in Your Home Pamphlet (Spanish version)
Rental Application
Consent to Background and Reference Check
Tenant References
Notice of Denial Based on Credit Report Information
Landlord-Tenant Checklist
Move-In Letter
Tenant's Notice of Intent to Move Out
Move-Out Letter
The Adobe Reader format of this title is not suitable for use on the Pocket PC or Palm OS versions of Adobe Reader.
Being a Successful Landlord
Introduction
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 tear-out 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 1. 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.
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, codes, and restrictions). These CC&Rs may affect how you structure the terms and conditions of the rental and how your tenant uses the unit.
Other Nolo Books for Landlords
A lease or rental agreement is only one part of a landlord-tenant legal relationship. For example, many state (and some federal and local) laws are also extremely important. A comprehensive explanation of these laws, and the practical steps rental property owners can take to comply with them (while at the same time running an efficient and profitable business), is covered in Every Landlord's Legal Guide, by Marcia Stewart, Ralph Warner & Janet Portman (Nolo).
Every Landlord's Legal Guide covers most key laws affecting landlords in all 50 states, including your repair and maintenance responsibilities and your liability for crime and environmental hazards such as lead. Every Landlord's Legal Guide covers rules and procedures for collecting and returning security deposits, anti-discrimination laws, privacy rules, employment laws affecting managers, how to resolve problems with tenants or begin the eviction process, and more. It includes over 20 legal forms on CD and in tear-out form.
Synopsis
Rent your property now with this quick and easy handbook.
Table of Contents
1. Being a Successful Landlord
2. Preparing a Lease or Rental Agreement
A. Which Is Better, a Lease or a Rental Agreement?
B. Completing the Lease or Rental Agreement Form
C. Signing the Lease or Rental Agreement
3. Choosing Tenants: Your Most Important Decision
A. How to Advertise Rental Property
B. Renting Property That's Still Occupied
C. Accepting Rental Applications
D. Checking References, Credit History, and More
E. Avoiding Illegal Discrimination
F. Choosing-and Rejecting-an Applicant
G. Choosing a Tenant-Manager
H. Property Management Companies
4. Getting the Tenant Moved In
A. Inspect and Photograph the Unit
B. Send New Tenants a Move-In Letter
C. Cash Rent and Security Deposit Checks
D. Organize Your Tenant Records
E. Organize Income and Expenses for Schedule E
5. Changing or Ending a Tenancy
A. How to Modify Signed Rental Agreements and Leases
B. Ending a Month-to-Month Tenancy
C. How Fixed-Term Leases End
D. Returning Security Deposits When a Tenancy Ends
Appendixes
1. State Landlord-Tenant Law Charts
State Landlord-Tenant Statutes
Notice Required to Change or Terminate a Month-to-Month Tenancy
State Rent Rules
State Security Deposit Rules
States That Require Landlords to Maintain a Separate Account for Security Deposits
States That Require Landlords to Pay Interest on Deposits
Attachment to Florida Leases and Rental Agreements (Security Deposits)
State Laws on Landlord's Access to Rental Property
2. Tear-Out Forms
Month-to-Month Residential Rental Agreement
Month-to-Month Residential Rental Agreement (Spanish version)
Fixed-Term Residential Lease
Fixed-Term Residential Lease (Spanish version)
Disclosure of Information on Lead-Based Paint or Lead-Based Paint Hazards
Disclosure of Information on Lead-Based Paint or Lead-Based Paint Hazards (Spanish version)
Protect Your Family From Lead in Your Home Pamphlet
Protect Your Family From Lead in Your Home Pamphlet (Spanish version)
Rental Application
Consent to Background and Reference Check
Tenant References
Notice of Denial Based on Credit Report Information
Landlord-Tenant Checklist
Move-In Letter
Tenant's Notice of Intent to Move Out
Move-Out Letter
Index
Reviews
Robert Bruss,nationally syndicated columnist...
"On my scale of one to 10, this excellent book rates a solid 10."
Library Journal ...
"A comprehensive look at state and federal laws governing landlord-tenant relations. Recommended..."
About the Author
Ms. Stewart has been a Nolo editor and author since 1989, writing and editing books on landlord-tenant law, real estate, and other consumer issues. She is the co-author of Every Landlord's Legal Guide, Every Tenant's Legal Guide, Leases and Rental Agreements, and Renters' Rights. She has edited dozens of Nolo books, including How to Buy a House in California, New York Landlord's Law Book, and Nolo's LeaseWriter Plus software for landlords.
Products by Marcia Stewart:
Every Landlord's Legal Guide
Every Tenant's Legal Guide
Find & Finance Your Dream House
Get Your Security Deposit Back
Landlords: How to Screen & Choose Excellent Tenants
Leases & Rental Agreements
Renters' Rights: The Basics