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Posted Jul 29 2011 05:19 PM
You don't need a lawyer to draw one up but I think that even if you print one from the internet you should have a lawyer look it over because rental laws vary state to state and you wouldn't want to get hit with a large loophole down the line.
Posted Jul 29 2011 09:40 PM
It is my opinion that you should definitely get a lawyer to go over the rental agreement with you. Down the line, you may have a renter bail on your agreement in some way. If you plan on taking them to court for breach of contract, the wording of the signed agreement is extremely important. You can also go over what you want the policy between renter and rentee to be. This is especially useful for condition of the house, condition of the contract becoming void, conditions of home improvement, etc. Make your life easier as a landlord and get the trained eye on your side.
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