Free Real Estate Forms
September 4th, 2006 by Grant in: Rental PropertyMy tenants want a cat. It could be worse (i.e. Pit Bull, Rotweiller, Great Dane..).
So I have to write an addendum to the original lease allowing for a pet under certain terms and conditions. My search for lease addendum forms on the internet turned up a host of different sites providing free forms for landlords and other real estate professionals.
In short, the addendum needs to outline the following terms, among others:
- Type of pet, along with color, weight, height
- The additional pet deposit due
- Any increase in monthly rent
- Responsibilities of the pet owner
- Freedom of liability of the landlord
I took bits and pieces from the various templates I found, and wrote my own pet addendum.
My big mistake in this ordeal is that I made some verbal agreements with the tenants before I explored the topic in full. I agreed that an additional $200 deposit would be required, and no additional monthly rent payments would be required.
I think I sold myself short on both counts, as I now feel the deposit is a bit low, and I should get additional monthly rent.
Seeing as how it’s only one cat, and I outlined some fairly stringent rules for the pet, I don’t feel I’ve sold myself too short, but I will know better for the next time.
As always, make sure you check with a real estate attorney if you have any questions.
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September 6th, 2006 at 10:23 am
Nice find! Thanks for sharing the links - you did better than me - I let a tenant bring a pet with no pet fee and no increase in rent. However, I could tell she was going to be a great tenant and I didn’t want to risk losing her.
November 20th, 2006 at 8:10 pm
Good forms are important when dealing with rental property. If its okay to add a link to other free landlord and tenant forms, I would like to suggest http://ezlandlording.com/forms/
I hope this helps.
Phil G
November 21st, 2006 at 11:24 pm
Thanks for the tip, Phil!
December 4th, 2006 at 11:14 am
Great post! I am a property manager in Springfield, MO and I did a similar blog post to this that you may want to check out by clicking on my link and see what I use for my forms and applications for rental properties. For more info, check out my web site at http://www.getpaul.com.