As you might have already found, there are a ton of lease templates online that you can download and use if you are a landlord. Using one of these templates can seem like a good idea, but it's often a better idea to work with a lawyer to a custom lease drawn up. Then, you can use the services of a custom printing company to have professional-quality leases printed up for you to use. These are a few reasons why custom leases are worth it, even though they can cost a little more and take a little more time than just using an online template.
1. Make Sure You Abide By State Laws
First of all, you should be aware of the fact that landlord and tenant laws vary widely depending on the state that you own property in. If you aren't careful, you could end up printing up a lease template that uses laws from another state or that has outdated laws from your own state. If you work with an attorney who is experienced in helping landlords in your area, however, you can make sure that your lease abides by state laws.
2. Ensure You're Fully Protected
Lease templates often don't cover everything that landlords want to cover, or they might have provisions that you don't necessarily agree with. If you talk to a lawyer about your specific property and the things that you want to be protected against, however, he or she can help draft up a lease that will help you ensure that you are protected.
3. Give Your Rental Business a More Professional Look
As a landlord, you are running a business. If you're serious about building up your rental business and making it profitable and successful, it is important to do what you can to come across as professional. Using basic lease templates can look like something that a beginner would do. If you have custom leases printed up with your rental company's name and specific information about your property, however, you can show potential tenants and others just how professional your rental business really is.
Before you decide to print a lease template that you have found online, it is important to think about the pros and cons of doing so. It might seem like the easiest option, and it could be a better option than just writing up a lease yourself. However, having a custom lease written up and printed by companies like American Legal Forms can be a much better choice for these reasons and more.
Share7 September 2017
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