Comments on: Power Lease Clauses for your Investment Property

By: Scott Ficek

Scott Ficek — Sun, 29 Mar 2009 05:41:33 +0000

I haven’t seen a trampoline, but that does sound like a good idea!

By: Paul

Paul — Sun, 29 Mar 2009 01:40:00 +0000

I also include: “Trampolines and waterbeds are strictly forbidden”

By: John Gall

John Gall — Sun, 13 Apr 2008 16:06:06 +0000

Yea, I would probably think differently in a 4plex or larger but my sole property is a single family home with a deck and swingset, trees etc so it seemed like my risk of stupid human events was higher.

By: Investment Property

Investment Property — Sun, 13 Apr 2008 04:30:56 +0000

John-
Good add-on. Most of my tenants don’t have renters insurance as they live paycheck to paycheck. I can see having that clause in there, though to put the liability on them (as in: “it says you are supposed to have insurance in the lease you signed”)

By: John Gall

John Gall — Sat, 12 Apr 2008 15:32:46 +0000

I also have in my lease that the tennant must have renters insurance with a minimum of $300k in liability. They must also list my company as an interested party so that if they terminate their insurance i’m notified.

By: investment property

investment property — Tue, 25 Mar 2008 10:23:41 +0000

wow! its great to know about the tips and tricks in the investment properties.Here are some extra add-in clauses that will give you extra leverage or reduce your headaches with your tenants.

By: Jesmi

Jesmi — Tue, 25 Mar 2008 05:55:05 +0000

Thanks for incluiding those great clause samples. Confirm your lease has the following regulation: “Use of property for business is strictly prohibited”.