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Updated over 1 year ago on . Most recent reply

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Christine Powell
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Lease agreement - Agent

Christine Powell
Posted

Can any Ohio real estate agents that own personal rental property answer this question? I drafted a lease agreement using other agreements and looked up some things from the Ohio revised code. I am about to rent out my single family home that I personally own. I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license. Does that apply to my own personal property? An attorney wants to charge me $1000 to look over & make changes to my agreement. I would also like to use this agreement for future property I might aquire. Want to make sure I dont loose my future license because of this agreement. Thanks

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Remington Lyman
#3 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
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Remington Lyman
#3 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Christine Powell:

Can any Ohio real estate agents that own personal rental property answer this question? I drafted a lease agreement using other agreements and looked up some things from the Ohio revised code. I am about to rent out my single family home that I personally own. I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license. Does that apply to my own personal property? An attorney wants to charge me $1000 to look over & make changes to my agreement. I would also like to use this agreement for future property I might aquire. Want to make sure I dont loose my future license because of this agreement. Thanks


 It is not illegal for you to draft a document for your personal use. However, whether that contract is enforceable is another question, which is why you should have an attorney look over your work.

  • Remington Lyman
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