About 2.5 years ago i bought the house I am in now. behind my house is a rental house which was occupied when i moved in. So now I collect rent each month from this tenant. The problem is I was given the rental agreement ( I remember reading it ) during the closing. But amid the mountain of paperwork that goes along with buying a house I somehow misplaced the rental agreement. Any recommendations on what I can do? thanks
2006-11-13 09:31:35 · 6 answers · asked by buckbucknumber2000 1 in Business & Finance ➔ Renting & Real Estate
Contact the lawyer or title company who did the closing, or, if possible, contact the previous owner.
2006-11-13 09:33:22 · answer #1 · answered by schoolot 5 · 0⤊ 0⤋
I would ask the tenant for a copy. If they don't have one then just draw up a new one. A rental agreement is month-to-month. You can draw up a new one at any time and if the tenant refuses to sign you can give them 30 day notice to move.
~I would never ask a renter if it is OK to draw up a new one and see if they mind. You are the property owner, even if the tenant is wonderful you are still the property owner and must need/want a copy of the rental agreement otherwise you wouldn't be thinking about it.
One more thing... You can amend a rental agreement at any time w/ proper notice. As long as it is legal the tenant can balk all they want but it doesn't matter. If they don't like your terms then they have every right to move.
(Don't worry they are very unlikely to move due to some change in terms because I am betting that you haven't raised the rent in the past 2.5 yrs. either.)
2006-11-13 17:39:51 · answer #2 · answered by bluzmelody 2 · 2⤊ 1⤋
Check with your Realtor or notary that handled the closing they might have a copy. The only other way is to obtain a copy might be by contacting the prior owner. They would probably keep a copy for tax purposes.
If all of the above fails tell the tenant that your bank wants to have a current agreement and that you would like to get a new one signed. You can probably buy a standard lease form through an office supply store or ask your Realtor or notary if they have one.
Complete the form using what you remember to be in the original document and what you want to revise. If the tenant balks they will probably say they have a valid agreement. Ask them to provide it so that you can review it together and take a copy.
2006-11-13 17:39:56 · answer #3 · answered by Wiseoneornot 1 · 1⤊ 2⤋
Ask your renters to provide you with a copy, however I doubt any lease is for more than a year, unless it's for life and you are in serious trouble,
2006-11-13 17:35:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Check with the realtor who sold you the home and the loan company who took your mortgage.
2006-11-13 17:34:56 · answer #5 · answered by Everyman 3 · 0⤊ 0⤋
Ask the renters if they have one. If not, ask them if its OK if you draw up another one. If the terms are fair, they shouldn't mind.
2006-11-13 17:39:22 · answer #6 · answered by Uncle Pennybags 7 · 1⤊ 2⤋