Hey all! New to the Real Estate game. Bought my first single-family property 4 months ago and rehabbed it myself.
I have three rooms in the house and am living in one and renting out the two other rooms.
For each tenant, would I do a normal lease, or would it be considered to be a roommate agreement?
And the last question is, can I use any State of Virginia lease template I find online, or there's some that aren't legally correct?
Thank you!
The only "template" specifically drafted for the state will be property of a Realtor association, and they do not focus on room rentals. If you use something you find online I would suggest having a lawyer look over.
Property Manager · Virginia Beach, VA · Member since 2016 · 2k+ posts · 2k+ votes
3y
BP has state specific leases if you pay for an upgraded membership. The one thing you want to be sure to include is the Virginia Statement of Tenant's Rights & Responsibilities. I'll post a link below to a page on the VA Dept of Housing & Community Development Website. They have lots of good resources there.
Also, be sure in your address format you # the rooms, and then label the doors to match your room #. This will be critical in the event you ever need to evict a tenant. The Sheriff removed every living being (humans and animals) from the premises at the address. If the address doesn't include a room #, they will evict the entire household.