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by CareyBot

Question: I have wanted to invest in real estate for many years so I recently purchased a single-family home, which has been a rental property for years. The seller of the rental property gave me some advice, including a blank lease form that he buys at the local stationery store. In looking over this form, it states that the tenant shall pay the first $25 of any charge for repairs by a service person. A friend of mine who is also a landlord told me this is not legal. But as a new landlord I like having this clause in my lease so that the tenant will know he/she will be responsible if he/she damages anything in the house. Please let me know if this charge is appropriate. Property Manager Griswold replies: As a new landlord and property manager it is important for you to know that every jur...