Creating a Lease

Posted on: Friday, October 25, 2013

You found people to rent your property, and you had them fill out your Lease Application. They met your criteria, and the verifications all checked out. Now it’s time to present the Lease or Rental Agreement. In some states, rental agreements with a term of 12-months or more have to be in writing in order to be enforceable. Does that mean it’s possible to forgo the written agreement for terms less than one year? Possible, yes. Prudent, no!

Read the full Rich Dad Education blog post here

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