How do I find or create a rental lease for a tenant?

General Landlording & Rental Properties
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How do I find or create a rental lease for a tenant?

Cesar Gomez
New to Real Estate · New york city · Member since 2020 · 41 posts · 20 votes

How do I find or create a lease for a tenant who is renting ? Their previous lease with previous landlord is about to be up. Need to have one ready for them in a couple months.

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Nathan GesnerBusiness Member
Moderator
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
5y

You can buy one from an attorney but they tend to be full of legal jargon and missing some practical provisions. I recommend you consider the Landlord Package available from BiggerPockets. It's written by real estate investors, vetted by attorneys for every state, and includes eight documents that can be edited to your personal needs. Well worth the money.

The DIY Landlord Book4.7248 Reviews
WebsiteView Page
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  • Aaron W.
    Rental Property Investor · Northern Virginia · Member since 2019 · 793 posts · 620 votes
    5y

    @Cesar Gomez You can hire an attorney to get one written up customized to you. Also as a Bigger Pockets Pro member, you can access template leases for the 50 states.

    Good luck!

    1Reply
  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    5y

    You can buy one from an attorney but they tend to be full of legal jargon and missing some practical provisions. I recommend you consider the Landlord Package available from BiggerPockets. It's written by real estate investors, vetted by attorneys for every state, and includes eight documents that can be edited to your personal needs. Well worth the money.

    The DIY Landlord Book4.7248 Reviews
    WebsiteView Page
    5Reply
  • Stephen Brown
    Real Estate Broker · Huntsville, AL · Member since 2019 · 1k+ posts · 872 votes
    5y

    Do you have a property management software to send the lease to them online? It would make it a lot easier.

    0Reply
  • Tracy StreichPro Member
    Real Estate Broker · Tulsa- OKC Oklahoma · Member since 2017 · 868 posts · 801 votes
    5y

    BP has leases,  the state Real Estate Commission often has a lease as well.    

    [email protected]918-728-8080
    0Reply
  • Cesar Gomez
    OP
    New to Real Estate · New york city · Member since 2020 · 41 posts · 20 votes
    5y

    @AJ H. NICE THANKS FOR THE INFO!

    0Reply
  • Cesar Gomez
    OP
    New to Real Estate · New york city · Member since 2020 · 41 posts · 20 votes
    5y

    @Nathan G. Sounds very helpful! Really appreciate that !

    0Reply
  • Cesar Gomez
    OP
    New to Real Estate · New york city · Member since 2020 · 41 posts · 20 votes
    5y

    @Stephen Brown unfortunately no I don't have a property management software

    0Reply
  • Joe SplitrockPro Member
    Moderator
    Rental Property Investor · Sioux Falls, SD · Member since 2015 · 9k+ posts · 18k+ votes
    5y

    @Cesar Gomez what you don't want to do is get a free lease from unknow source or write your own. Contract wording is critical to enforcement in court and it is state specific. If you accidentally include illegal clauses, it can make your contract unenforceable and could lead to judgement against you.

    Here are some options:

    1. BP offers state specific leases and forms that can be purchased or you get them for free with a PRO membership. 

    2. NOLO is a trusted legal source who sells state specific leases.

    3. Your realtor or local realtor association often has state specific standard leases that they may offer you for free.

    4. Local landlords groups or multifamily associations often have standard leases drafted by the group attorney.

    2Reply
  • Cesar Gomez
    OP
    New to Real Estate · New york city · Member since 2020 · 41 posts · 20 votes
    5y

    @Joe Splitrock This is awesome! I think I'm really considering the BP pro membership. Is Puerto Rico included in leases for all 50 states ? It may not be but just wondering.

    0Reply
  • Joe SplitrockPro Member
    Moderator
    Rental Property Investor · Sioux Falls, SD · Member since 2015 · 9k+ posts · 18k+ votes
    5y
    Originally posted by @Cesar Gomez:

    @Joe Splitrock This is awesome! I think I'm really considering the BP pro membership. Is Puerto Rico included in leases for all 50 states ? It may not be but just wondering.

     Puerto Rico is not included, it is just the 50 states at this point.

    1Reply
  • Cesar Gomez
    OP
    New to Real Estate · New york city · Member since 2020 · 41 posts · 20 votes
    5y

    @Joe Splitrock ok got it. Regardless this is great information thank you so much for the recommendations. :-)

    1Reply
  • Kimberly Carver
    Member since 2020 · 119 posts · 56 votes
    5y

    @Cesar Gomez some states have a standard lease you can download a copy of (NJ does)

    0Reply
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