Best Free Rental Agreement: Envelope Please
OK, we’ve looked at dozens of online leases, our eyes are getting red, we’ve reviewed several on this site but are we ready to declare best free rental lease agreement? Yes, but we have to create two categories – strings and no strings attached.
With no strings attached, the best free rental lease agreement we’ve seen is from www.buyincomeproperties.com, their “Lease Agreement II”
This lease covers the common law clauses very well, much better than any other lease we’ve seen. The caveat is that it does not cover many modern clauses required by URLTA and other common requirements, such as notice of management, bank account information for deposits etc.
The lease is free, just go to the page, copy and paste. Of course, you’ll notice that this looks like it was hurriedly copied and pasted from somewhere else – with page breaks/lines in unwanted places and the like. As we noted in
the review, this one is very close to one distributed years ago in a nothing down get rich kit. Whether it is or not, can’t say as we don’t have the get rich one to compare for exactness. You’ll need to take out the page breaks and add the missing modern local and URLTA clauses, but this is the best free rental lease agreement we’ve seen online so far that has no strings attached.
In the “strings attached” department, rocketlawyer.com’s free lease is superior, and is among the best of all, strings or no. It covers both common law clauses and other URLTA type clauses very well. The catch, of course, is you have to sign up for a rocketlawyer.com account and give them a credit card. It’s a seven-day free trial, so you’ll have to go back in and cancel or start getting charged $29.95 a month (and it’s hard to find the cancel process). The only other complaint is its failure to include a few common law clauses I think should be in any lease, especially time is of the essence and joint and several.
For the truly best free rental lease agreement, I would take Rocketlawyer’s and fill in what it is missing with those sections from the “Lease Agreement II” from www.buyincomeproperties.com (which does have those sections).
At this point, after many searches, we’ve still not found a free rental lease agreement online that could be considered comprehensive; everything is still going to involve you editing – sometimes a lot – the sections that are missing. The search goes on though!
So, do you agree or disagree that these are the best? Do you have a free online lease agreement you’d like us to review? Drop us a line!