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Patrick Winningham
  • Indianapolis, IN
5
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'Minor Repair' Clause in Lease

Patrick Winningham
  • Indianapolis, IN
Posted

I would like opinions/feedback on this please!!

In my lease agreement for a SFH, I include a clause that any maintenance or repairs that are $100 and less are the responsibility of the tenant. It goes on about notification/failure to do so etc.

This has worked really well in a middle/working class neighborhood.

Does anyone else do this? How does it 'work' for you?

Thanks!

PS: Just a general word of Thanks to everyone on BP - I am new here and have learned more in the last month than I have in the last year combined.

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1,083
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Mark N.A
  • Real Estate Investor
  • North Carolina
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Mark N.A
  • Real Estate Investor
  • North Carolina
Replied

I never want my tenants to do any repairs and encourage them to call me.

Most recent case in point, I've got a nice tenant who didn't want to bother me with a leaking bathroom supply line. His repair involved duct tape. Luckily I found it before the floor rotted.

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