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Further
Reading ...
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A Simple Way To Dramatically Increase Your Affiliate Earnings - Terence Tan
Affiliate programs are undoubtedly one of the most powerful systems of business available today. When they first appeared, they were a stunning example of how the powerful traditional strategy of joint-venture marketing, when combined with the...
Advertising And Generate New WebSite Traffic - Charles Kangethe
Here's a simple way to use "No Results, No Pay" radio advertising and build traffic for your website. Step #1 - Understanding "PI" - Per Inquiry Advertising. Radio has a unique advertising format known as "PI" or per inquiry advertising. ...
3 Services Your Online Business Can't Live Without - Kristie Weddell
It doesn't make any difference if you're promoting your own product, affiliate programs or MLM programs, there are 3 services your business can't live without. Service #1: Web Hosting I'm not talking about one of those Free accounts where they...
"How to Choose an Online Biz Mentor" - Bryan A Jones
If you are serious about becoming successful as an online entrepreneur you need a good mentor - someone who could show you the proper steps to become successful. With any business venture, whether online or offline, it is important that you find...
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Hey Landlord! Is Your Lease Legal?
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Written By:
Mark Walters
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The longer you are a landlord the more you strive to create the perfect lease/rental agreement. Landlords learn in the school of hard-knocks that some tenants are certified trouble makers and we try our best to protect ourselves with a carefully structured restrictive lease.
That's just good business.... but be careful you don't include any provisions in your lease that may not be legal. For example...
It would be illegal to include a provision that states the resident agrees not to include his or her lease (the lease on your property) in their bankruptcy filing... should their bankruptcy become necessary.
Bankruptcy laws are Federal.. lease law is state law.
Anyone can file for bankruptcy and invoke all protections afforded to them by the U.S. Bankruptcy Code... including not making lease payments... at least temporarily.
Here's another caution...
It would be illegal for your lease to require that residents be responsible for injuries he or she sustain during the lease term. The law can legally hold landlords liable for damages and injuries caused due to negligence. A - continued below ...
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landlord cannot contract that away.
How about repairs....
The same would apply to a requirement that the tenant be responsible for all necessary repairs. In every state the law mandates that landlords perform certain repairs to maintain the property and keep it habitable.
Does your lease contain a clause concerning attorney fees?...
Requiring a renter to pay for all of the landlord's legal fees and costs regardless of a court case out come would also be a lease no-no.
Most good leases have stood the test of time and will help you avoid legal problems. Just don't ask tenants to sign it until you have read and completely understand every line of the lease you are using.
You'll find the lease we use here...
http://digbig.com/4ckcd
About the Author
Mark Walters is a third generation real estate investor and he shares his experience through two Web sites...
http://www.CashFlowInstitute.com
http://www.ThePowerLetter.com
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| _Additional Resources ... |
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10 Secret Ways To Strengthen Your Profits! - Larry Dotson
1. Create and follow short/long term goals for your business. The short goals can create early success and the long term goals can create future success. 2. Create a good first impression. You will not be able to sell very many products if your...
Increasing the Return on Your Training Investment - Kevin Eikenberry
Insightful leaders and organizations recognize that training is a valuable tool for personal and professional development and therefore set some sort of an annual training budget. Most everyone I’ve ever talked to has been to both excellent...
You don’t need 10% or 20% down to get a home loan - Syd Johnson
The rapid increase in home prices over the past couple of years have left many potential home buyers struggling to come up with their 10% or 20% down payment. If you live in a hot market like Los Angeles, Manhattan or Miami, you might be able to...
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