Attorney's Fee Lease Clause
This Clause Has Saved Me Thousands of Dollar$ !FREE Lease Clause (as included in The LPA Lease)
Tenant Pays Attorney's Fees
I am surprised at how many landlords do not have a clause in their lease addressing the issue of attorney's fees and collection, in case of a default by the tenant.
Here is the clause to insert into your lease agreement, so that in the future you will have legal fees and collection expenses covered as being the tenant's responsibility. If you are already using The LPA Lease, the below clause is already included in your lease.
By having these costs classifed as "added rent", the same way we classify late fees as "added rent", a court will more readily grant a full judgement to the landlord for all past due charges, such as owed rent, late fees and legal fees.
Certain states, such as Wisconsin will not enforce an attorney clause like this. Most states will. Be familiar with your state's Landlord Tenant Laws.
About the author: More information on The Landlord Protection Agency is available at www.theLPA.com
More information on The Landlord Protection Agency is available at www.theLPA.com
Copyright © 2006 - 2018 The Landlord Protection Agency, Inc. All Rights Reserved.Would you like to re-print this article on your website or publication?
Permission is granted to use this Landlord Protection Agency article upon the following terms:
Contact The LPA
© 2000-2021 The Landlord Protection Agency, Inc.