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Updated almost 7 years ago on . Most recent reply

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Nayan Patel
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What are good clauses to include in lease agreement?

Nayan Patel
Posted
Hello everyone, I will be a new landlord soon (closing soon) of a 2 unit building. I would like to know what items I should include in a smart lease agreement that makes my life easier. I really appreciate your feedback! Thank you!

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

There are way too many to cover and what is important for my market may not be important for yours. In fact, some of the clauses I use wouldn't even stand up in court in other states.

You can get samples of leases with a google search ("lease agreement Wyoming"). Find a dozen or so from different states and at least three from professional managers in your state. Then read your state law to see how it fits. After you have a good foundational understanding, come back to BP or consult an attorney to deal with specifics.

  • Nathan Gesner
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