The 16 Vital Aspects of a Bulletproof Lease Signing [Video!]


In today’s video, I had the pleasure of interviewing our property manager, Joshua!

Most new and even experienced landlords think that the lease signing process is all about the lease. And as a landlord for over 10 years, I have to agree. However, there are many other aspects of the process of lease signing that most seasoned and new landlords forget to include!

Related: 38 Addendums Every Landlord Needs for a Battle-Ready Lease

In today’s video, Joshua and I discuss the 16 most essential aspects of this process — everything from preparing three sets of keys to transferring the utilities. As a landlord, the worst thing you can do is rush through the lease signing stage. Take time to review everything with the tenant that way you can ensure you get off to the right start.

What are other important aspects of the lease signing process?

Please leave some comments below!

About Author

Elizabeth Faircloth

Liz Faircloth has been managing and investing in real estate since 2004, along with her husband, Matt. We have built our business from scratch and now own over five million dollars in residential and commercial assets. We love to help and educate investors. Our YouTube Channel, The Landlord’s Chronicles, offers short, yet educational videos that covers topics such as flipping houses, rentals, rehabs, property management, and lessons learned along the way.


  1. James R.

    Great presentation Elizabeth and Joshua!

    BTW – Liz, Joshua sounds like a GREAT PM! You are blessed to have someone of his caliber on your team!

    Your list is great and I like hearing these things to make sure that I am doing the same.

    Quick story about utilities. I did not tell a new tenant to call to have them turned on. I did, however, call the utility company to let them know that I would not be paying after a certain date. The tenant calls me later the day that she moved in and tells me (more like yelling) that she does not have electricity! Yes, people are that dumb! From the beginning, all of my correspondence states that the tenant is responsible for electric and gas. She claimed that I was supposed to call the utility company to set up the charges in her name! She moved in on a Friday and the utility company could not turn on the utilities until Monday! Not a fun problem to have, but one that occurred 16 years ago when I was a new landlord. Lesson learned! Wish BP existed back then!

    Again, thanks for sharing with all of us what is working for you!

    • Elizabeth Faircloth

      Thanks so much for sharing your story about the utilities! Being a landlord is certainly a learning process. Even when we think we have our process rock solid, we learn something new!
      Thanks again for watching the video and commenting!
      All the best to you!

  2. Harry Metzinger

    Thank you very much Liz & Joshua! It’s very easy to overlook a step or five in this process, so it’s great to have a list to follow from the outset.

    I am curious if you have thought about waiting until receiving confirmation that utilities have been transferred into a tenant’s name before providing the keys?

    Also, can you expand upon the Smoke Detectors and Carbon Monoxide detectors point you were trying to make?

    Thanks again!

    • Elizabeth Faircloth

      Hi Harry:
      Thanks for commenting and sharing! Your point and question about not providing keys until tenants transfer utilities is something we have been considering implementing. We have team meetings twice a year to review the lease process and make any necessary improvements. This one is at the top of the list!
      The Smoke/Carbon Monoxide Detector & Fire Extinguisher Addendum basically states that the tenant has been equipped with one or more detectors and acknowledges that they are responsible for testing the detectors and replacing batteries. We find this to be an important discussion point with tenants from a safety perspective so that is why we have a separate document vs just simply placing this in the lease.
      Hope that helps!!! Thanks for commenting!!

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