There is nothing more important to a landlord than a good lease. A good lease sets forth the terms of the relationship between the landlord and tenant, including the rent to be paid, the expectations on the tenant and when the lease can be terminated. A lease does not need to be written from scratch each time, but it is advisable for each landlord to have a lease form drafted for its rentals. This is because every landlord’s policies are different and just because it is in a standard form doesn’t mean the landlord needs to do it that way. Once the form is drafted, the landlord can then fill in the blanks for each individual lease with a tenant.
For landlords that are looking for a standard form and the ability to ask questions that arise while being a landlord, we would recommend checking out our Guarded Pockets™ program, which is a program that provides landlords and other investors with standard lease forms and access to
an attorney “on-call” to answer questions for a set and affordable
Our Contract Philosphy
Attorneys often have different approaches when it comes to contracts. Some attorneys like to use big words and “legalese” to make the client feel like they are getting what they paid for. Other attorneys — like Rick —
prefer to use common language so that the contract can be understood by non-lawyers.
It is our philosophy (and experience) that disputes can be avoided when all parties understand what they are agreeing to. This is accomplished by drafting a contract that is straight forward, includes what is necessary but not what is not, and addresses the specific concerns of the parties. If we can draft your contract in one page, we will. If it is a fairly standard transaction and we can use a standard form, we will do that too.
Contract Drafting Process
There are many options when it comes to obtaining contracts these days. You can obtain forms from real estate investing gurus, books, organizations you are a part of, and websites, such as Legal Zoom. Therefore, it is important that when you hire us to draft a contract, we do not simply provide you a form as you can do that less expensively elsewhere, including by signing up for our Guarded Pockets™ program. That program includes access to form contracts and unlimited scheduled ten minute phone calls with an attorney. This does not mean that we will not create a form contract that can be used for similar transactions within your business, as that is something we do regularly. That form, however, will be customized to your business model and will not simply be the same form we provide to all other clients.
Our goal when drafting your contract — whether it be a one-off or a form you will use regularly — is to take the time to get to know you, your situation, and the goals for the contract. This takes time and is not a one-step process.
Our review process is outlined below. Once you engage us to review your contract, you will receive access to an iPhone or Android app and webpage that will help you to track the status of your document review through the process. To learn more about our Case Status product, please go to our Case Status page.
Introductory Phone Call
The first step in the process is to schedule a quick phone meeting to discuss what you are looking for in your contract and the type of contract desired. This step in the process is important as sometimes the contract you think you want may not be the best for your situation. Moreover, it helps us to get oriented to what you are looking for.
One we have completed the introductory call and learned more about what you are looking for, we will send you an intake form to provide us with information about you, your business, and the specifics of the contract. The purpose of this form is to make sure that we have all of the information we need, and to provide you time to think about and gather all of the necessary information instead of answering “on the fly” during the initial phone call. This form will be sent to you via email and can be completed online using a computer, smart phone, or tablet.
Once we receive your intake form, we will begin drafting your document or contract. We will incorporate the information you provided during the introductory phone call and on the intake form to ensure the contract meets your needs and expectations. Because this contract will be customized for you, this stage of the process can take about a week or slightly longer depending on the length of the contract and number of contracts necessary.
Once we have prepared your contract or document, we will forward it to you for your review and comment. We ask that you take a few minutes to read it over, and most importantly, let us know if you have any questions about anything we have written into the contract. We want to make sure this contract is exactly what you want and meets your goals for the contract.
This stage is not always needed, but if it is, it is included at no extra charge. As you provide your comments and suggestions on the contract or document, we will make the revisions necessary to make sure that it is exactly what you are looking for.
Once you have reviewed the document and we have made all of the requested/necessary revisions, we will provide you with a final copy of the document and will close the file in our office.
We believe in fair, honest, and transparent pricing, and therefore, we charge flat rates for all contract drafting. Our flat rates include unlimited revisions for most contracts. In the rare event that the flat rate does not cover your desired contract, we will provide you with an individual quote, up-front, and before you owe any fees to our firm. Please click here to view our current contract pricing.