A landlord is a person who owns a rental property. Landlords rent out their residential (apartment or house) or commercial property in exchange for payment for a period of time. This may be month-to-month or annual. The tenant has to sign a contract to agree on the terms regarding living on the property (payment, maintenance, repair, default, etc.). If you are a landlord, you need various documents that will help you run the property.
Renting out your property is a huge responsibility because you are entrusting your property into the hands of a stranger. Therefore you need a contract to ensure there is accountability in case something unfortunate happens. Aside from a contract, you will need a lease termination letter, complaint letter, notice, receipt, and many more. Take a look at Template’s printable, professionally written landlord templates. These templates are editable through the website’s editor tool. Just click your chosen template and you will be directed to the editor tool. However, you can also edit these templates through various file formats such as Apple Pages, Microsoft Word, Google Docs, Adobe PDF, and many more. You will be required to sign up for a membership before you can download the template.
According to Get Flex, 10.6 million American tax filers cited rental income when they filed their taxes. That would mean that among the 1,070 filers, 7.1% could potentially be landlords. When it comes to screening applications, 16% never run criminal background checks on their tenants. On the other hand, 10.3% of landlords do not check a tenant’s credit history.
