A lease agreement is a contract that you sign with your tenants, stipulating the terms and conditions of the tenancy. It protects you. It protects your property. It protects your residents. You need a lease that’s detailed and specific. Make sure it’s legally compliant and enforceable in California and your specific California County. There’s a lot that needs to be included in your lease, so let’s take a look at the most pertinent pieces of information you need.
Rent Collection Policies
- Every lease agreement needs a rent collection policy that reflects the basics:
- How much rent is due
- When rent should be paid
- How rent should be paid and any fees for various payment methods
- What happens if it’s late