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A verbal rental agreement might cause just headaches for landlords and tenants alike. If a disagreement arises between your two parties, there’s nothing to refer to to unravel the issue. If one of the parties sues one other it might be a he said/she said argument a judge cannot untangle with no written lease to refer to.

The best answer is always to engage a property management company. The State of Nevada Real Estate Division requires property managers to become knowledgeable and educated about landlord tenant relations. Using an enforceable, legal rental agreement is an important part with the job.

find of property management education is to never enter into verbal agreements with tenants. It is a barrier that triggers a lot havoc for both landlords and tenants that history has taught us to avoid verbal agreements occasionally.

Many cities and towns across the nation have real estate property companies with trained property managers happy to assist landlords using their leases. Fees range by percentage or flat fees with respect to the level of management services a landlord requires. Tenants may come in to the office to sign rental agreements without the landlord being present. The landlord gives within the responsibilities to the real estate property company to require a written, legal rental agreement to be executed between the tenant and the landlord.

Taking the initiative and action to interview and work with a real estate company can solve many headaches and problems for landlords and tenants alike. Because many landlords and tenants are certainly not schooled in such a way to lower lease and rental potential problems, hiring property management company to perform the task could be a valuable vehicle for smoother relations with tenants.