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Updated almost 7 years ago on . Most recent reply

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Steve Johnson
  • Pottstown, PA
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Pennsylvania Residential Lease

Steve Johnson
  • Pottstown, PA
Posted

Good Afternoon Investors,

I am currently looking for my first deal (1-4 units) in Southeastern PA and have a question about residential leases.  I have a copy of Brandon Turner's lease that can be found on Bigger Pockets, but am unsure if this lease is legal and binding in the state of Pennsylvania or if it is missing statutory language.  As I understand it, leases are state specific.  I believe BT lives in Washington state.  I like his lease due to its clarity and comprehensiveness.  Are any of you using BT's residential lease format?  If not, what format are you using?

Steve

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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

@Dorothy Butala - In PA, when the State Attorney General "approves" a lease, it is only an indication that the lease complies with the state plain language requirements; it is not indicative of the lease being "written to be in line with the laws in our state" as you stated. Here is the verbiage that the PA Attorney General gives for leases that have been approved; see link: https://www.pacode.com/secure/data/037/chapter307/...

"In the opinion of the Office of Attorney General, a preapproved consumer contract meets the Test of Readability under 73 P. S. § 2205 of the Plain Language Consumer Contract Act. Preapproval of a consumer contract by the Office of Attorney General only means that simple, understandable and easily readable language is used. It is not an approval of the contents or legality of the contract."

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