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 about 1 year ago on . Most recent reply

User Stats

1
Posts
1
Votes

Lease language - Tenant is paying half rent monthly, half rent annually

Posted

My tenant is paying for half of her lease monthly.  Her ex-husband is paying the remaining half in one payment up-front.  How do I craft this lease language to protect myself?  

Most Popular Reply

User Stats

459
Posts
473
Votes
Glen Wiley
  • Investor
  • Richmond, VA
473
Votes |
459
Posts
Glen Wiley
  • Investor
  • Richmond, VA
Replied

This sounds like a potential headache, so many ways it can go wrong or get complicated. I would keep the lease language specifying monthly rent payments. If they pay more up front that is fine, you can credit the balance.

Loading replies...