Re: feedback - Landlord Forum thread

Re: feedback by Jack Klein (NY) on November 4, 2009 @20:22

Why go through all that trouble when you can just download an LPA Lease/Rental Agreement?
You're on the right website.

I know some people have a real issue about what to call the agreement: lease or rental agreement.

Most of the people on the board feel a lease is for a fixed term and a rental agreement = month to month.

I recommend the LPA Lease which you can use month to month or fixed term. I prefer fixed term. I usually have long term tenants and they tend to stay a while. I don't like vacancies and turnover, so I don't give them less than a 2 year lease.
Some will argue about m/m being better, but I disagree. With the amount of properties I have I can't afford to have month to month tenancies. The lease gives me more stability.
All I can say is if a m/m works better for you use it.

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Re: feedback by anonymous (IL) on November 4, 2009 @21:42

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I downloaded all the forms when I became a member about 6 mo ago. The newer leases now read like the LPA lease. That covers any new tenants in the last 6 mo, not the older tenants. I'd have to increase the LPA leases font size to be able to read it myself, thus making it almost 6 pages long, which might scare a tenant off. Kinda sucks turning 40, bifocals needed & no medical/vision. Good thing I don't drive. But maybe after the holidays, I can get me some specs because it's killing me that I can't do my favorite things(crossword's & sudoku's).

Re: feedback by Anonymous on November 4, 2009 @22:05	[ Reply ]
My leases are 6-8 pages long depending on addendums. I'd rather have clearly understood terms and make sure tenant knows rules ahead of time, otherwise I don't want you renting my place. Just consider it part of the screening process, if you won't agree to my terms then you aren't going to work out and I rather not sign with you than evict down the road.

Re: feedback by Ultimate M-Bone on November 5, 2009 @00:25	[ Reply ]
I am not trying to make an issue out of a lease vs month to month. Just thought that people should know and understand the difference between them.