Hi Aaron, as a Florida attorney myself, I can say that a lease agreement is the one document you don't want try to save a few bucks on. The time and money you put into your lease agreement will be worthwhile when you realize how many headaches you avoided by having a solid document in place. Having said that, a good starting point for a sample lease would be the Florida Bar: https://www.floridabar.org/pub...
You can compare this lease with whatever lease your PM companies gives you to get an idea of what terms you want to make sure are included. Nevertheless, having an attorney review your lease and address your specific concerns is ideal. You can find a list of attorneys in your area on the Florida bar website: https://www.floridabar.org/dir... or doing a search on some of the review sites, like AVVO.com
Hi Aaron, as a Florida attorney myself, I can say that a lease agreement is the one document you don't want try to save a few bucks on. The time and money you put into your lease agreement will be worthwhile when you realize how many headaches you avoided by having a solid document in place. Having said that, a good starting point for a sample lease would be the Florida Bar: https://www.floridabar.org/pub...
You can compare this lease with whatever lease your PM companies gives you to get an idea of what terms you want to make sure are included. Nevertheless, having an attorney review your lease and address your specific concerns is ideal. You can find a list of attorneys in your area on the Florida bar website: https://www.floridabar.org/dir... or doing a search on some of the review sites, like AVVO.com
Rental Property Investor · St Augustine, FL · Member since 2021 · 12 posts · 7 votes
4y
@Aaron Law Great post. I'm in the same boat, just getting started with investing and aiming for my first LTR in the next couple of months. I too have been concerned about finding a lease agreement specific to FL, and had a conversation with a local real estate attorney recently about their recommendations for setting this up. A real estate attorney can prepare typical lease documents for a fee. However, my recommendation would be to draft a copy yourself first using a solid state-specific template, then submit it to your attorney for review (smaller fee).
@Account Closed I also strongly agree with you, the lease agreement needs to cover you in any way possible from the outset of the landlord-tenant relationship. Thanks for the link to the Florida Bar site! That resource seems to cover more FL-specific items than I've been able to find on other templates. I too will be having my lease template reviewed by the attorney prior to using.