That's just a letter summarizing the terms that's signed by the tenant.

I have a 3 bedroom Single Family Home for rent.There are 3 persons (friends) that want to rent the home and split the rent.My question revolves around how I should legally structure the lease.I am thinking I should sign the lease with 1 of the 3 persons, and that person is responsible for collecting and paying the full rent.

If Steve Jobs was a Landlord...The location would be secret, as would the name of the maintenance staff and suppliers.You would have no idea when an apartment became available until the last possible minute, though there'd be lots of speculation and rumor.Rents would be exorbitant and well above the prevailing market.No matter, because it would be spectacularly beautiful (in either black or white) and everyone of course would want in, signing a lease they didn't read and giving the landlord unimaginable rights over tenant privacy.Visitors would have to be approved by Apple.Want to move out early?

Pre-foreclosurecode violations owners behind in water or tax billsrent courtvacant and or boarded up housesestatesDirect mail to any of the above, to absentee, or out of state ownersnon arms length transactionsnominal transfersBandit signs"we buy houses" adsNetworkingReal estate clubsAuctionsDriving for dollars is a good one.

I expect June to be filled with networking (just signed up for the AZREIA meeting), and I'm also hoping to make serious progress on building a team.

Tenant will then be subject to IMMEDIATE eviction. " - This clause is then signed by Tenant separately.She then tells them to move out.

Bragging time- My protege, her oldest son, who is a sophomore at Univ Of Houston, is closing on his first sfr in a couple weeks and already has 2 other room mates signed up.

We have been speaking about getting an apartment together to save on money anyways.One of the drawbacks I can see is that he is in effect signing a 24 month lease.

Something we do with the HUDs that we make offers on is to inspect the property between the time the contract is accepted and the time the signed docs are due (48 hours).

That might be signing off on asset inventory as you acquire it by both of you which states what the item is and cost and where it is to be stored or any other relevant detail to create yourself a paper trail.