Real Property: Renting Your Home

Renting your home could expose it to unwanted damage and wear and tear. 

There's also the risk that your tenant will not pay on time or even turn out to be dangerous.

You can help reduce risks by :

• Asking for at least two references - and actually checking them.
• Check a prospective tenant's credit ratings (with their permission).
• Remove expensive items you don't want broken - or lock them in a closet to which the tenant doesn't have a key.
• Require more than one month's deposit to cover breakage and other damage.

You can find a lease document at your local or online stationary store. You can also get a lease document with instructions and a breakdown of the landlord/tenant laws in your state from Leases & Rental Agreements from Nolo Press. Information about landlord and tenant rights and obligations is also contained at: www.nolo.com . - click on "Property & Money."

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