While property management takes business expertise, personal skills are just as important. The best landlords know how to combine both by incorporating the following principles.
In addition to essential items of a lease agreement like the names of the parties, rent, deposit, and late fee amounts; a proper agreement should also include option items such as termination options, zoning ordinances, pet restrictions, and pest control provisions. Landlords can use a pre-printed leases agreement template and modify it. It is also their responsibility to provide their tenants with a copy of the lease.