[hjmontijo]

Hello everyone, first of all I want to say thank you for stopping in to read my post.
I have a a single family home here in Las Vegas that I own (correction, the bank owns... Lol) and I am looking for a legal Nevada state lease agreement that will protect me from......... well everything.

Does anyone know of any site where I can get a free copy of a lease agree for the state of Nevada.
Thanks again.

[logline]

google it. It would have taken you less time than creating a post.

[Juxtaposition109]

Usually the Post Net stores around town sell all of the Nevada Legal Agreements.

[lvoc]

There is really no such thing. The common one is the GLVAR one. Any RE Agent can give you a copy of that one.

[Packrat1]

The GLVAR one is a good one, don't forget the Lease Addendum For Drug Free Housing, as well as the Smoke Detector agreement. Also check out thelpa.com for additional forms some of which are free although they are not Nevada specific like the GLVAR is. I got the Property Condition Report which I use upon check in and check out.

Also be sure to consider a background check on prospective tenants although that's not a cure all. Be sure to include some language so that you can check the property periodically for leaks ect. I also write in about no subleasing and name every person or pet living at the property. Consider making your rent due on the 1st and delinquent on the 5th. Charge late fees for chronic late payers. Don't let them go much past the 5th and send a pay or quit letter properly done as soon as they are deliquent. If you let the tenants know up front you should have less problems.

Additionally if someone says they don't have enough money right now to give you first months rent, security deposit, cleaning deposit and pet fees up front don't rent to them. Some will tell you that they will pay those next month which never comes. Also remember the security deposit is not to be used for last months rent it is against the law and puts the Landlord at risk. If they don't pay last month's rent start eviction proceedings right away.

At least that is my recommendation. Remember no good deed goes unpunished so to speak in the rental business. There are some exceptions but those are rare.

[hjmontijo]

Thank you everyone for the advice.

[hjmontijo]

Originally Posted by Packrat1

The GLVAR one is a good one, don't forget the Lease Addendum For Drug Free Housing, as well as the Smoke Detector agreement. Also check out thelpa.com for additional forms some of which are free although they are not Nevada specific like the GLVAR is. I got the Property Condition Report which I use upon check in and check out.

Also be sure to consider a background check on prospective tenants although that's not a cure all. Be sure to include some language so that you can check the property periodically for leaks ect. I also write in about no subleasing and name every person or pet living at the property. Consider making your rent due on the 1st and delinquent on the 5th. Charge late fees for chronic late payers. Don't let them go much past the 5th and send a pay or quit letter properly done as soon as they are deliquent. If you let the tenants know up front you should have less problems.

Additionally if someone says they don't have enough money right now to give you first months rent, security deposit, cleaning deposit and pet fees up front don't rent to them. Some will tell you that they will pay those next month which never comes. Also remember the security deposit is not to be used for last months rent it is against the law and puts the Landlord at risk. If they don't pay last month's rent start eviction proceedings right away.

At least that is my recommendation. Remember no good deed goes unpunished so to speak in the rental business. There are some exceptions but those are rare.

WOW, thanks for all the awesome tips Packrat. This is greatly appreciated.

[Packrat1]

I must come clean on one part of my post. Just this morning I gave my renter an extra 2 days to pay the rent without penalty.

[kcoliver]

Really consider a management company about 9% of rent. They will do eviction if needed.

[Packrat1]

I respectfully disagree, instead of paying a prop mgt firm to do this cut out the middle man and hire an eviction firm to do it. Several posts on this site about Prop mgt firms improperly serving the tenant resulting in problems when going to court.

Doesn't matter if you are in state or out of state the eviction firms like NMI and the Eviction King can do that on your behalf and also appear in court if needed. That way you use their services only when you need them.

As far as repairs my opinion is that getting a home warranty is way more cost effective than a prop mgt firm. As far as getting tenants and getting the rent you can do that yourself and probably better if you are so inclined.

Haven't heard many on this site speaking highly of Prop Mgt firms.