Lease Signing and Lease Review

Complete the "Lease Signing and Lease Review" checklist

Lease Signing and Lease ReviewPost-ClosingUltimate Nomad ChecklistWeek 65

Review "The $5,000 Lease Demystified" Recording of Live Class

If you haven't done so recently, review the recording of the live presentation of "The $5,000 Lease Demystified" available on:

https://realestatefinancialplanner.com/the-5k-lease-demystified-nomad-2017-edition/

Lease Signing and Lease ReviewUltimate Nomad ChecklistWeek 44

Review "Property Management Mastery" Recording of Live Class

If you have not done so recently, review the recording of the live presentation of "Property Management Mastery" available on:

https://RealEstateFinancialPlanner.com/property-management-mastery/

Lease Signing and Lease ReviewUltimate Nomad ChecklistWeek 45

Give Tenant/Tenant-Buyer copy of "Lease"

Give your Tenant/Tenant-Buyer a copy of the "Lease".

LeaseLease Signing and Lease ReviewLease-OptionTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

IF TENANT-BUYER: Give Tenant-Buyer a copy of "Option" agreement

If you're offering a Lease Option, then explain the Option to your Tenant-Buyer but strongly encourage them to talk to their own attorney.

Lease Signing and Lease ReviewPaperworkTenant-BuyersUltimate Nomad ChecklistWeek 60

Explain "Lease" to Tenant/Tenant-Buyer

Go over the "Lease" in detail, section by section explaining it to your Tenant or Tenant-Buyer.

Encourage them to seek advice from their attorney.

LeaseLease Signing and Lease ReviewTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

IF TENANT-BUYER: Explain "Option" to Tenant-Buyer

If you're doing a Lease-Option, go over the "Option" in detail, section by section explaining it to your Tenant-Buyer.

Encourage them to get the advice of their own attorney.

LeaseLease Signing and Lease ReviewTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

Have Tenant/Tenant-Buyer sign "Lease"

Have your Tenant/Tenant-Buyer sign the "Lease".

LeaseLease Signing and Lease ReviewTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

IF TENANT-BUYER: Have Tenant-Buyer sign "Option"

If you're doing a Lease-Option, have your Tenant-Buyer sign the "Option".

LeaseLease Signing and Lease ReviewTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

Give Tenant/Tenant-Buyer a copy of signed "Lease"

Once your Tenant/Tenant-Buyer has signed the "Lease" give them a copy.

LeaseLease Signing and Lease ReviewLease-OptionTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 61

IF TENANT-BUYER: Give Tenant-Buyer a copy of signed "Option"

If you're doing a Lease-Option, once your Tenant-Buyer has signed the "Option" give them a copy.

LeaseLease Signing and Lease ReviewLease-OptionTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 61

IF ROOMMATE: Review their liability and renter's insurance policy

If you're getting a roommate (renting out part of the home you're living in), remember to review their liability and renter's insurance policy.

Your homeowner's policy covers YOUR STUFF and the house, but your roommates each need their own insurance policy to protect THEIR STUFF and liability if they do something and are liable.

Insist they get and provide a copy of the policy to you. It is usually very inexpensive to get.

Lease Signing and Lease ReviewTenant-BuyersTenantsUltimate Nomad ChecklistWeek 61

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