What should I include in my lease?

[Michael Smith]

Hi BP, I'm in the process of buying my first rental property and want some input... In your experience, what are some things that need to be included in my lease agreement? Thanks!

[Stephen White]

We are working on adding this addendum to our form bundle in light of the recent changes so I can't give you our official version yet. However I really like the Wichita Falls Housing Authority's because they respond to the need for a plan to include scheduled inspections with guidelines in the event of violation. They clearly understand the verbiage requirements. Here is the link http://www.wfha.com/tenant/policies/housekeeping_policy.pdf