Most of the PM work is done on the first 3 months of the management, then we can recoup our expenses. 2. this Is legally required.

You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.

@Alvin Sylvain I agree the emotional support animals are B.S. but they are legal and we have to abide by the law.If the animal is an ESA, you are allowed to ask if the person is disabled and what service the animal provides.

Just doesn't seem right....not sure of the legality.

Quote from @Cheryl Abram: What legal filed docs are LPs entitled to see to help validate a deal's failure?

Just be sure to be prepared to get legal advice if you run into grey areas that you are not well versed in to avoid legal implications.

In 30+ years we've been sued 1x (legal blackmail over a tenant's drunken trip/fall) which the insurance company settled for $1,500.00).We've been using some privacy tactics to keep our names off the county recorder and the target off our backs.Further, we review our insurance coverage and premium annually, just to keep on top of any changes.As with all insurance, it seems to be a waste of money... until you NEED it!

You can legally change or cancel a contract if all parties agree. 

Double check your lease, all the legalities and still check with the landlord....

If you need financial help, ask under the "Finance, Tax, and Legal" forum.