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Old 04-23-2006, 03:22 PM   #5 (permalink)
maleficent
Junkie
 
Moderator Emeritus
Location: Chicago
any stationary store will sell a basic lease... pick up one -- read thru it -- and have your tenant sign it...

I'd also find out what the laws in your state are about evicting people if it comes down to it... (just in case... some states, like new york, the tenant almost has more rights than the landlord does)

Get a security deposit up front from the person (again, check your state, but generally this has to go into a seperate interest bearing account that the tenant gets the interest on -- you can't touch the interest -- it's there as a just in case)

Decide ahead of time what the house rules are... ie overnight guests, quiet times, household chores, entry of the room (are you allowed in the room at all )etc...

ask for references and check them -- but take them with a grain of salt... you might also do a credit check to see their level of responsibility...

would you require them to get a personal phone line or a shared line...
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