Updated about 6 years ago on . Most recent reply
Attorney recommended capping attorney's fees to $500 on contract
What do you think?
On the lease contract, there is a clause about attorney's fees.
An attorney looked over my lease and recommended that I cap the legal fees to $500 collectable, because even if you win, it usually is super difficult to collect from a tenant.
But if a tenant wins, you're easy to collect on, and you could be out more than $500 for their attorney's fees.