Effective Lease Agreements for Landlords
Using legally sound lease agreements is a great way to protect your real estate investments. LegalShield provides a suite of affordable services for landlords seeking legal advice to help navigate landlord-tenant laws.
Protect Your Investments with a Solid Lease Agreement
74.4% of rental properties are owned by individual investors*. Whether you have one property or have built a small real estate empire, it’s important to protect your investments by leasing them to tenants using legally sound written lease agreements.
Landlord-tenant law is different in every province. As such, it’s important that your lease agreements follow the laws and regulations in the local area. Starting with an online template may save money in the short-term, but it leaves you open to liability or unenforceable clauses. The best way to make sure you have the necessary legal protection is to work with a law firm that understands the landlord-tenant laws in your state.
As a LegalShield member, you’ll not only have access to real estate lawyer-drafted templates, you get an unlimited amount of phone consultation with a local lawyer.
Join LegalShield today and speak with a lease lawyer in 4 hours or less.
Six Key Rental Agreement Terms to Include
While lease agreements need to follow local law, there are six key terms or lease provisions that should be included in any rental agreement that can help avoid landlord/tenant disputes.
- Address of the rental unit and the signatures of all adults living in the unit
- The precise term of the tenancy
- Maximum occupancy limits
- Clear statements about the amount, date, and manner of submitting rental payments
- The amount of the security deposit and the terms of its return upon moving out
- The conditions and any penalties owing for early lease termination for either landlord or tenant
For a small monthly fee, LegalShield lawyers in your province are available to review your lease agreement and provide feedback in 3 business days or less.
How a LegalShield Small Business Plan Works for Leases
All LegalShield plans come jam-packed with valuable benefits for legal services. When it comes to dealing with rental property leases, the most common plan usage is in two areas.
CONSULTATION AND ADVICE
You can have unlimited phone consultation with a business lawyer to get questions answered, receive legal advice and make sure you’re making the right moves.
DOCUMENT REVIEW AND NEGOTIATION
You can have your lawyer review any documents (up to 15 pages each) and even make phone calls and write letters on behalf of your business to resolve disputes with vendors, creditors or customers.
Plans Start at Only $49.00 Per Month
Key Features of Our Small Business Legal Plans
LegalShield’s business plans can help you in the following areas.
Legal consultation from a provider lawyer on business legal matters, with legal research for each issue, if needed.
Receive help with business legal matters more efficiently with professional communications issued on your behalf.
Put business-related legal documents through legal review.
A collection letter from a provider lawyer could help you recoup payments more efficiently.