Giving out copies of your lease

After you have reviewed the lease with your new tenants, you will want to keep an original signed copy for your records. Make sure all tenants that will be living in the deweling have signed the lease. It should also include the date the lease was signed by all parties. You will also want to give a copy of the lease to the new tenants so that you can remind them of the terms should they not follow them. Also, many times they will need a signed copy of the lease to obtain parking permits or to prove residency.

It is not recommended to give out your lease to anyone else such as neighbors or prospective tenants. This will help you to avoid questions about your rental practices that others may not agree with. Your agreement is between you and the tenants that will live in your property. While it is always a good idea to have an attorney review your lease, especially if you have any concerns about improper terms, it is still best to limit the number of people who have access to it.