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Leasing a piece of property

Posted on 6/14/15 at 10:02 am
Posted by tigerdup07
Member since Dec 2007
21974 posts
Posted on 6/14/15 at 10:02 am
can anyone explain what I need to do in order to lease a piece of my property to someone? I've never done it before.

Posted by RummelTiger
Texas
Member since Aug 2004
89986 posts
Posted on 6/14/15 at 10:04 am to
A) Contact an attorney and have a standard contract drawn-up
B) Have lessee sign said contract
C) Make sure lessee does not violate said contract


That would be my best guess...
Posted by rsbd
banks of the Mississippi
Member since Jan 2007
22180 posts
Posted on 6/14/15 at 10:06 am to
Ask on the outdoor board..
Posted by gizmoflak
Member since May 2007
11670 posts
Posted on 6/14/15 at 10:08 am to
contact a good RE agent and/or property management company
Posted by wickowick
Head of Island
Member since Dec 2006
45824 posts
Posted on 6/14/15 at 10:10 am to
Post on the Money Board

quote:

if I were to lease a piece of property to a friend to build a home on, would I need a lawyer or would a notary be sufficient enough?
Posted by TechDawg2007
Bawville
Member since Nov 2007
32249 posts
Posted on 6/14/15 at 10:10 am to
I would post this on the money board. Those guys give great advice
Posted by Proximo
Member since Aug 2011
15576 posts
Posted on 6/14/15 at 10:25 am to
I'd recommend contacting an attorney..
Posted by Sparkplug#1
Member since May 2013
7352 posts
Posted on 6/14/15 at 11:06 am to
Scribble some words on a napkin. It worked for goodell.
Posted by CaribbeanDemon
Caribbean
Member since Jun 2007
1374 posts
Posted on 6/14/15 at 4:30 pm to
Go get an attorney you cheap-o
Posted by American Pimp
Member since May 2015
128 posts
Posted on 6/14/15 at 5:43 pm to
Not unlike leasing a piece of arse, just pay for it
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 6/14/15 at 6:09 pm to
Why wouldn't you sell the property to him? Why the 99 year lease? Are you trying to maximize profits on your friend? Have you thought about a bond for deed?

I think your friend needs the attorney.
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