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The Must-Have Lease Rental Agreement form...
The LPA Lease Agreement form is designed to fully interact with and support all of our Essential Landlord Forms for rental property management.
Landlords love The LPA Lease agreement because it represents many years of trial and error learning from very painful and expensive experiences with tenants. This residential lease form has successfully saved us repeatedly from serious tenant nightmares, and from losing a lot of money!
Includes our LATEST NEW LEASE CLAUSES!
The LPA Lease* is easy to read and understand. It has evolved over the years and is highly praised by attorneys, landlords and even judges. Of course, we landlords like it the most.
It does its job to discourage problem renters from signing on as our tenants. If the LPA Rental Application doesn't discourage the Deadbeat Tenant, the LPA Lease Agreement will. Let them disqualify themselves before they become your headache!
We find that if a prospect passes our tenant screening requirements, he or she will agree to our lease agreement. Why not? The lease form outlines in detail what is expected of an excellent tenant. We only want excellent tenants for our rentals and they are more than happy to agree to reasonable terms in our rental agreement. They will treat the property with pride and respect, and that makes being a landlord a great job.
The LPA Lease Agreement form is specially written to cater to residential houses and apartments. Because it is already in word processor format for your convenience, you can easily add, delete or change items in the document to customize the lease form to your exact landlord needs.
If possible, this lease should be read and explained to the tenant in person. We find it to be more effective that way. After all, it is an instruction manual for how to be your tenant in your rental property.
Before turning over a valuable asset for a mere 1 or 2 month security deposit, make sure the tenants understand and agree to all your terms. You'd be surprised at how many people are so eager to just sign the lease without bothering to read it. You can get a real idea of what these people will be like as tenants by how they respond to the terms in your lease agreement.
- What does it tell you if the prospect has a major problem with your late fee policy? That's right, he expects to pay rent late.
- How about if the prospect argues about being responsible for minor repairs?
- Or the cleaning charge?
- Or if he has a problem with a penalty for unauthorized occupants?
- What if he has a real problem with the default clause, which outlines your rights to evict for nonpayment?
- Did you know about the Daily Rental clause in which the tenant agrees that you may, in case of a default, take on the same rights of a hotel, enabling you to have the tenant removed and arrested for theft of services and/or trespassing?
You really can learn a lot about a tenant during the lease signing.
Remember, our lease is not meant to be used as a weapon, it is a Landlord Protection tool to defend yourself and your property from unscrupulous tenants and difficult situations. Although the LPA Lease is a very powerful tool, it's even more powerful when you use it effectively.
*The LPA Lease form download is to be printed on Legal Size paper
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