All too often, landlords use a lease agreement that they find online (even Zillow), and they believe their interest in the property is secured. The truth is, a lease agreement that is not drafted by a landlord-tenant attorney specialist is likely to lack the substance of what is needed to adequately protect the landlord in his or her rental business. Not only does a well-drafted lease help to protect a landlord's interest, but also it helps to coordinate and streamline a landlord's rental operations.
The number of issues and circumstances that arise in a residential tenancy are innumerable, so the lease must attempt to cover as many variables as possible in its terms and conditions. Otherwise, the landlord may find himself not knowing how to handle a particular situation.
First, I believe a lease agreement should have a "cover page" that has all of the variable information concerning the lease. For example:
base monthly rent
first payment before move-in
additional rent application
recurring monthly charges
Next, after the cover page, the lease should include the standard terms and conditions that apply. For example,
delay in occupancy
repairs at move-in
vacate, renewal, and holdover
tenant notice to vacate
risk of loss
use of premises
condition and maintenance
access to premises
originals and attachments
Next, the lease should include the applicable addenda that apply. For example,
weekend/holiday repair request
lead based paint
Under these categories, there are details of terms and conditions that must be addressed that suit the needs and goals of the landlord, considering the legal requirements under F.S. ch. 83, pt. 2.
Serious landlords must take the lease agreement serious. It is the most important document involving the rental operations. If you, as a landlord, need to ensure that you are operating your rental business properly, you should consider a property management company that incorporates lease provisions that protect and enable the landlord to make the most of their business and investment.
aDoor Property Management is led by a landlord-tenant attorney and real estate broker with nearly 2 decades of experience in the property management business. If you need help with your property management, please contact us.