How do I find or create a rental lease for a tenant?
12 Replies
Cesar Gomez
New to Real Estate from New york city
posted about 1 month ago
How do I find or create a lease for a tenant who is renting ? Their previous lease with previous landlord is about to be up. Need to have one ready for them in a couple months.
AJ H.
Rental Property Investor from Northern Virginia
replied about 1 month ago
@Cesar Gomez You can hire an attorney to get one written up customized to you. Also as a Bigger Pockets Pro member, you can access template leases for the 50 states.
Good luck!
Nathan G.
(Moderator) -
Real Estate Broker from Cody, WY
replied about 1 month ago
You can buy one from an attorney but they tend to be full of legal jargon and missing some practical provisions. I recommend you consider the Landlord Package available from BiggerPockets. It's written by real estate investors, vetted by attorneys for every state, and includes eight documents that can be edited to your personal needs. Well worth the money.
Stephen Brown
Rental Property Investor from Toledo, OH
replied about 1 month ago
Do you have a property management software to send the lease to them online? It would make it a lot easier.
Tracy Streich
Real Estate Broker from Tulsa- OKC Oklahoma
replied about 1 month ago
BP has leases, the state Real Estate Commission often has a lease as well.
Cesar Gomez
New to Real Estate from New york city
replied about 1 month ago
@AJ H. NICE THANKS FOR THE INFO!
Cesar Gomez
New to Real Estate from New york city
replied about 1 month ago
@Nathan G. Sounds very helpful! Really appreciate that !
Cesar Gomez
New to Real Estate from New york city
replied about 1 month ago
@Stephen Brown unfortunately no I don't have a property management software
Joe Splitrock
(Moderator) -
Rental Property Investor from Sioux Falls, SD
replied about 1 month ago
@Cesar Gomez what you don't want to do is get a free lease from unknow source or write your own. Contract wording is critical to enforcement in court and it is state specific. If you accidentally include illegal clauses, it can make your contract unenforceable and could lead to judgement against you.
Here are some options:
1. BP offers state specific leases and forms that can be purchased or you get them for free with a PRO membership.
2. NOLO is a trusted legal source who sells state specific leases.
3. Your realtor or local realtor association often has state specific standard leases that they may offer you for free.
4. Local landlords groups or multifamily associations often have standard leases drafted by the group attorney.
Cesar Gomez
New to Real Estate from New york city
replied about 1 month ago
@Joe Splitrock This is awesome! I think I'm really considering the BP pro membership. Is Puerto Rico included in leases for all 50 states ? It may not be but just wondering.
Joe Splitrock
(Moderator) -
Rental Property Investor from Sioux Falls, SD
replied about 1 month ago
Originally posted by @Cesar Gomez :@Joe Splitrock This is awesome! I think I'm really considering the BP pro membership. Is Puerto Rico included in leases for all 50 states ? It may not be but just wondering.
Puerto Rico is not included, it is just the 50 states at this point.
Cesar Gomez
New to Real Estate from New york city
replied about 1 month ago
@Joe Splitrock ok got it. Regardless this is great information thank you so much for the recommendations. :-)
Kimberly Carver
replied about 1 month ago
@Cesar Gomez some states have a standard lease you can download a copy of (NJ does)