Your favorite lease clause

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J. MartinPro Member
Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
10y

Most Useful: The many clauses found in your local realtors' association lease, to start. (California Association of Realtors Lease in CA)

Personal Favorite: All items thrown down toilet must be retrieved by tenant lol

@Elizabeth Colegrove, @Marcia Maynard, @Mark Ainley, any favs?..

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  • Investor · Edmonton, Alberta · Member since 2015 · 24 posts · 24 votes
    10y

    Break lease clause.

  • J. MartinPro Member
    Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
    10y

    Most Useful: The many clauses found in your local realtors' association lease, to start. (California Association of Realtors Lease in CA)

    Personal Favorite: All items thrown down toilet must be retrieved by tenant lol

    @Elizabeth Colegrove, @Marcia Maynard, @Mark Ainley, any favs?..

  • Investor · Vancouver, WA · Member since 2013 · 3k+ posts · 4k+ votes
    10y

    My favorites are the ones that I can enforce. So all of our terms are compliant with landlord-tenant law for our jurisdiction.

    Here's are two that help me collect money from tenants for damage they cause during the course of their tenancy:

    DAMAGES. Tenant agrees to pay for repairs of all damages that they or their guests have caused.Landlord agrees to initiate repairs in a timely manner following discovery of the damage or can choose to defer repair until Tenant has vacated the premises. Repairs done by a professional will be billed at the professional rate.Repairs done by Landlord will be billed by the job or as labor plus materials.

    PAYMENTS.All payments made by Tenant to Landlord after the tenancy commences, no matter how designated by Tenant, will be applied as follows: first, to any outstanding amounts due for damages/repairs, utilities etc.; second, to any outstanding service charges or fees from prior months; third, to any rent outstanding from prior months; fourth, to any service charges or fees due in the current month; and lastly to the current month’s rent.

  • Augusta, GA · Member since 2014 · 1k+ posts · 1k+ votes
    10y

    I agree with the break lease clause I added last year.

    Gail

  • Investor · Cathedral City, CA · Member since 2014 · 481 posts · 170 votes
    10y
    Originally posted by @Corey Arnemann:

    Break lease clause.

     My break lease clause provides for either party to pay $2000 to break the lease. You adjust the number to your market.

  • Commercial Real Estate Broker · Palo Alto, CA · Member since 2016 · 52 posts · 35 votes
    10y

    I have a number of favorites.  Here are my top three:

    1. Requirement that the tenant have the home PROFESSIONALLY cleaned and provide proof at move out + prorated painting/touch up reimbursement

    2. Daily rent charge for unauthorized pets

    3. Daily rent charge for unauthorized occupants.

    PM me if you would like to see my actual language.

  • Attorney · Winchester, VA · Member since 2015 · 726 posts · 387 votes
    10y

    From the perspective of an attorney? Confession of Judgment provisions. Want more detail on what these are and how amazingly awesome they are and what the limitations are in your jurisdiction? Consult a local attorney or do some research.

  • Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
    10y

    My absolute favorite is my break lease clause hands down!! I am tired of tenants deciding to move before the year up and not having consequences. So now, no hard feels but they pay for my time. Still I don't really have a favorite as all of my 38 addendums save my tush on a daily basis. Here is an article I wrote in depth on everything I put in my lease.

    https://www.biggerpockets.com/renewsblog/2015/10/17/38-addendums-battle-ready-lease/

  • Colleen F.Pro Member
    Investor · Narragansett, RI · Member since 2013 · 8k+ posts · 4k+ votes
    10y

    I won't say it is my favorite but it is critical that we have added a pass through of  noise ordinance violation fees.   The town can bill you for the infraction if the tenants don't pay it but we say  if it is paid by us it is passed backed to them as additional rent. 

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