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Updated over 6 years ago on . Most recent reply

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45
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Jeremy Fisher
  • Realtor
  • Philadelphia, PA
29
Votes |
45
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Philadelphia specific lease

Jeremy Fisher
  • Realtor
  • Philadelphia, PA
Posted

Hey all! 

I'm in the finishing staging of getting my first rental property ready to list. Trying to get it listed Thursday.

Do any of you have a lease in mind that you found to be particularly useful? I'm really interested in having a lease that is tailored to Philadelphia, but maybe that is unnecessary. At this point I just leaning towards finding a PA specific lease online. I think having an attorney create one for me is most likely out of my price range.

Thanks for your help!

Most Popular Reply

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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
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13,450
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied
Originally posted by @Lana Lee:
Originally posted by @Jeremy Fisher:

...

Do any of you have a lease in mind that you found to be particularly useful? I'm really interested in having a lease that is tailored to Philadelphia, but maybe that is unnecessary. At this point I just leaning towards finding a PA specific lease online. I think having an attorney create one for me is most likely out of my price range.

Thanks for your help!

 Standard PA lease works just fine. You can just add additional terms at the end in the space dedicated for that. For example " the laundry room may not be used for storage" or " no smoking anywhere in the building "

Philadelphia has many special things that a landlord must comply with in the lease, I doubt that the PAR lease gets into any of those things because the rest of the state of PA does not have that same level of burden upon the landlord.

You would probably also benefit from HAPCO I think ...

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