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Updated 8 months ago,
Help writing a lease for a rookie!
Wife and I closing on our first house-hack in Ulster County. We are inheriting tenants in the upstairs apartment and need to present them with a fresh lease.
I have no idea what I’m doing re: drafting said lease :)
I am using a site calls EZlandlordforms.com to give me templates. The free version is a super basic 3-page lease. The paid version is 69 pages long and by far the most intense lease I have ever seen. I definitely plan on paying for the pro version (it’s like $75 a year or something). Would love some insight on how to add or remove clauses from this thing to make it more digestible and relevant.
Are there any “must-have’s” in your lease templates? What do to wish you knew in the beginning?
Any advice greatly appreciated!