Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

76
Posts
29
Votes
Lisa Ryan
  • Investor
  • Charlotte, NC
29
Votes |
76
Posts

Lease terms

Lisa Ryan
  • Investor
  • Charlotte, NC
Posted

I know that I need to speak to a lawyer, but I was wondering what some lease terms are that you're either grateful you have in your lease or wish that you had included. Also, what are the standard penalties for breaking a lease? Thanks!

Most Popular Reply

User Stats

2,195
Posts
1,027
Votes
Aly W.
  • Investor
  • Middletown, NJ
1,027
Votes |
2,195
Posts
Aly W.
  • Investor
  • Middletown, NJ
Replied

I only use leases prepared by my attorneys in the 2 states we have rentals...the attorneys will be defending them in an eviction, and you want to make sure the terms are legal and up to date. Often tenants get free legal aid in an eviction; you likely won't. Spend a little up front or a lot later.

  • Aly W.
  • Loading replies...