Minnesota Investment Property Forms
“Where can I get leases for tenants” is a question that I get from new investors often. There are many sources from which to get your landlord documents and forms. Many investors will create their own by just downloading the files from the web and modifying them to their needs. While this works in many situations, I prefer the efficiency of pre-printed forms and especially ones that are carbon-duplicates.
Although I am not a member, I buy all of my Minnesota investment property forms from Minnesota Multi Housing Association. I do spend about $20 each quarter, but I feel it is one less thing that I need to develop myself. Also, all of the forms are carbon-duplicates so I simply fill it out, have the tenant sign it, tear off the carbon and give it to the tenant and I am done. In the past, I would have to take the form or lease to my office, copy it and put it in the mail back to the tenant. The small cost of those documents is worth it for me to save time.
Additionally, a pre-printed form will often have been tested in court. The leases that I use are preferred by Section 8 and have been approved by the Minnesota Attorney General. This should reduce your exposure to questions about the validity of your leases.
No comments yet.