SIGNING THE LEASE FOR THE LANDLORD HAS MANY ADVANTAGES AND GENERALY DOES NOT INCREASE THE PROPERTY MANAGER’S LIABILITY

 

1.   To sign the Lease for the Landlord, you must have a Power of Attorney that our office provides for free. It must be signed, witnessed and notarized.

 

2.  The Power of Attorney gives you the specific power to sign the Lease on the Landlord’s behalf.

 

3.   By signing the Lease for the Landlord, you will streamline the process.

 

4.  The Tenants always sign the Lease and addenda first and once everything is proper, all money collected and all terms and conditions complied with, the agent, with the Power of Attorney signs.

 

5.  Allowing the Landlord to sign gives too much unnecessary control to the Landlord to delay, forget, change their minds or even discriminate if they do not like who the Tenants are.  A Landlord may not like children, the national origin of the Tenants or the fact the Tenants may have a Service Animal or ESA. A Lease can tip a Landlord off and cause serious problems.  

 

6.   Signing the Lease with a Power of Attorney does not increase the Property Manager’s liability in most cases.  

 

7.   Prior to signing a RENEWAL of a Lease it is crucial that the Landlord wishes to renew. ALWAYS CHECK FIRST. ALWAYS, AND GET THIS IN WRITING.

 

8.  A successful, streamlined Property Manager operates like this:

 

1. They advertise the property.
2. They screen and approve or disapprove the Tenant.
3.        They have the Lease prepared.
4. They have the Tenants sign the Lease and then sign for the Landlord with the Power of Attorney.
5. They tell the Landlord the good news after the Tenant has moved in.
6.       They may or may not provide the Landlord with a Lease copy but, provide it for sure upon the Landlord’s demand.

 

TAKE THE TIME TO THINK ABOUT WHY YOU MAY BE CURRENTLY HAVING THE LANDLORD SIGN THE LEASE AND LOOK INTO THE ADVANTAGES OF SIGNING THE LEASE FOR THE LANDLORD. YOU MAY BE PLEASANTLY SURPRISED.

“Serving the Property Management Professional”

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