Arizona lease questions

[Scott Anderson]

Couple questions I have for the locals in the know.

I have to write up my first lease tomorrow and I’m wondering if all owners on title need to be on the lease. My wife and I or just one of us.

I think just one, but I don’t want to have an unenforceable lease.

And question 2, as a realtor-owner, must I disclose in the lease anywhere that I am licensed in AZ as I do in purchase contracts?

[Doug McVinua]

@Scott Anderson The questions you are asking should be answered by your broker of record.

At my brokerage, we use all digital signatures so adding an owner is very simple so I have all owners sign. It leaves no question, no gray area etc.

Disclosure of being an agent, I believe the Arizona Commissioner of Real Estate would request disclosure in any and all areas, why not? Take the safe path and disclose, why take the risk.

Again, just my two cents and you should ask your broker what the policies are for the brokerage your license is hung at.

Congratulations on the rental!