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Updated over 8 years ago on . Most recent reply

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Jonathan Taylor
  • Lender
  • Los Angeles, CA
647
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916
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Legally binding lease agreement

Jonathan Taylor
  • Lender
  • Los Angeles, CA
Posted
Hello fellow BP folks, Starting my search for multi family properties in the Los Angeles area and I’m in need of a place to get a legally binding lease agreement. So my questions are as follows: 1. Do I start from scratch and reach out to an attorney for one? Or 2. Do I download a template and have an attorney personalize it to my local laws? Or 3. Are there downloadable ones I can personalize without the attorney costs? Or .... am I missing something? Any help is welcomed and I’m Southern California based. Cheers JT

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Marcus Auerbach
  • Investor
  • Milwaukee - Mequon, WI
7,741
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5,372
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Marcus Auerbach
  • Investor
  • Milwaukee - Mequon, WI
Replied

@Jonathan Taylor No need to reinvent the wheel. You are not the first landlord in LA. I am sure you can find landlord packages for sale if you google "lease agreements+LA". You need a few more forms other than just the lease and you dont want it to be homemmade. I buy all my contracts in packages of 50 and they come with a carbon copy. These leases are A, much more developed if they have been arround for a few years and B, much better known already with tenants and also - if it ever happens with the eviction court. 

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