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Forums » Rental Property Questions & Landlording Issues » Lease verbiage for Attorney and Collection Fees?

Lease verbiage for Attorney and Collection Fees? Subscribe to Lease verbiage for Attorney and Collection Fees?

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Forum_avatar_avatar-tasigurl

Icon_minipost Mar 06 '07, 01:01 AM

Does anyone have any recommended verbiage in regards to Attorney and Collection Fees that I can put in my lease and or rental agreement?

Edited: 06/26/2010 at 03:24AM


Ryan Webber

Wholesaler · Amarillo, Texas


Forum_avatar_avatar-ryan_webber

Icon_minipost Mar 06 '07, 03:58 AM

What fees can be charged and how much will be determined by state law. I would recommend joining your local rental/apartment association. They have the absolute best leases, and they can help you with any questions you have pertaining to what you can and can't do in YOUR state.

Edited: 06/26/2010 at 03:24AM


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Forum_avatar_avatar-tasigurl

Icon_minipost Mar 06 '07, 04:33 AM

I have the forms including the MTM rental agreement that the local (WA State) rental association sells. In regards to Attorney and Collection Fees below is what the agreement states. I posted before thinking..sorry. What I want do was compare what I have to what others have, and to know if what I have is sufficient or will I run into problems when I actually have to enforce this section of the agreement.

Thank You

" Tenant(s) agrees to pay all costs, expenses, collection and attorney's fee, as allowed by law, either expected or incurred by Owner/Manager due to any breach or default by the Tenant(s) of any terms of this contract."

Edited: 06/26/2010 at 03:24AM


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Forum_avatar_avatar-tasigurl

Icon_minipost Mar 06 '07, 04:38 AM

A landlord friend in the area just sent me this. Any opinions?

" 21. In the event any action, suit or preceding is instituted to enforce any provision contained herein, or to recover possession of the premises, or to cause payment of any sums due hereunder, Tenant(s) agrees to pay all costs, expenses, collection and attorney's fee, as additional rent, either expected or incurred by Owner/Manager to the extent permitted by the Washington Residential Landlord -Tenant act. Any breach of covenants, duties or obligations recited herein shall be deemed and material breach by Tenant of this Rental Agreement."

Edited: 06/26/2010 at 03:24AM


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