The next step involves your lease (details of which are provided in Chapter 5). Prepare your lease so it’s ready for the applicant’s review and signature, and fill in all the information on your part, including your signature, where necessary. This includes any addendums, disclosures, or other documents/paperwork. Double-check everything with your attorney before you take the lease forms to the approved applicant. It’s a legal document, and you need to make sure it’s rock-solid. When the lease is prepared and ready, it’s time to meet with the tenant. It’s best to meet with the tenant in person, perhaps in your office or at another predetermined meeting place. Make sure there are witnesses available. Go through each area and clause of the lease with the new tenant, make sure they understand and agree to everything you have written out and stipulated, and then have them sign the documents with witnesses present. If you can’t do this in person, have the tenant review the lease themselves (email them a digital copy), and have them sign the lease through an online lease-signing program or company. Do your due diligence here so that your lease is legal and holds up in a court.
STEP 7: HANDLE THE TENANT MOVING IN
Now it’s time to handle the process of moving the new tenant into your home. • Get a certified check from the tenant for the lease. Verify the funds for the security deposit, the first month’s rent, etc., before allowing them to move in. • Get the paperwork signed. As discussed in Step 6, make sure you and the tenant have signed the lease and any other documentation, such as addendums, disclosures,
95
Powered by FlippingBook