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Sep 22, 2023
Guarantor Application Form - What to Look Out For
Having a creditworthy person guarantee payment of the rent (should the tenant default) can provide peace of mind to the landlord.
But you need to do due diligence!- Let the prospective guarantor complete the application form - as would any prospective tenant.
- Verify employment and get a credit report.
- This is the important bit!
Check if the guarantor also signed surety for any other loans/rentals etc. We make provision to get that information on our form.
You need to consider if the guarantor will be overextended financially or if he/she will be able to service all those commitments if called upon to do so.
Get your free guarantor application template here:
Continue reading "Guarantor Application Form - What to Look Out For"
Sep 20, 2023
Free Affidavit Forms
There are many occasions where you may be required to submit an affidavit to attest to facts represented.
For example, you may need to certify residence for a local school, certify that a document was lost etc.
Affidavit forms generally follow a standard format so it's quite easy to use one of our printable affidavits to create your own document.
Sep 18, 2023
Boat Rental Agreement
Apart from specifying the rental rate and time period, you would want the person renting your boat to agree in writing not to:
- Overload the vessel with either passengers or cargo beyond its rated capacity
- Use the boat in a race or competition
- Use the boat for any illegal activity
...and more.
Our free template can assist you in drafting your own agreement.
And one more important matter - consult with a reputable company to have the right insurances in place!
Sep 15, 2023
Tenant Screening Tips
Getting a credit report for a prospective tenant is all good and well but there are many more tricks to explore to find a good tenant:
- Telephone pre-screening of a rental applicant can save valuable time and also expose vague answers.
- We have practical tips to follow when showing the rental property.
- A renter's bank statements hold a wealth of information that goes beyond just confirmation of income.
- Previous landlords can offer real insight - even if they choose not to comment.
- Why you should not give in to making a rash decision.
And as ever, we supply the relevant free landlord forms too.
Sep 13, 2023
Printable Rent Receipt Template
There are a couple of good reasons for issuing a rent receipt:
- It's simply good business practice to keep proper documentation of transactions, regardless whether it's required by law or not.
- Tenants may need receipts for tax purposes and must insist on receipts when making cash payments.
- Our template makes provision to record any outstanding payments, thereby giving the tenant notice to settle before a specified date..
Get your free template here:
Sep 11, 2023
Promissory Note Release Form
There are a couple of documents that you as the borrower must insist upon receiving.
- Firstly, you need a receipt for every payment made, especially if made in cash.
- Once the loan has been paid in full, you should also insist on a written Release.
- And if a loan was guaranteed under a guarantor agreement, you should also insist on having a release of guarantee.
If your note holder does not supply a release, get your free copy from us and have it signed by the lender.
Sep 08, 2023
Durable Power of Attorney to Download
The term "durable" or "enduring" or "lasting" must feature in this document if you want the provisions to remain in effect even when you become incapacitated.
Note: It does not mean you cannot still make your own decisions whilst you are still capable of doing so.
Your appointed agents must abide by your instructions whilst you are still competent to issue such instructions.
Take a look at the legal requirements and use our free template to draft your document.
Sep 06, 2023
So You Want to Build Your Brand?
And you would like to do it properly right from the start!
A very important element of your marketing efforts would be your Trademark.
You need to consider the following:
- How to choose your trademark (TM)
- Would you be allowed to register that mark?
- How can you protect your rights?etc.
We'll show you a step-by-step approach to ensure you tick all the right boxes.
Sep 04, 2023
Can You Disinherit a Child or Spouse?
In some jurisdictions you have testamentary freedom and can dispose of your assets as you wish.
However, some courts recognize parents to have a legal or moral obligation to make provision for their children in family wills.
There are some steps you may need to take, to ensure your wishes expressed in your will hold true.
Sep 01, 2023
Adult Model Release Form
If there is no reasonable expectation of privacy for a person, such as a market or public beach, you do not need a model release.
You would not need a release when using images for artistic or editorial purposes either.
However! There are so many grey areas when it comes to a photographer's or model's rights, that it makes sense to get a signed release in place wherever possible.
Our free model release form also covers the use of video and sound.
Aug 30, 2023
Letter of Appointment - Why It's so Important to Have One
A letter of appointment is an opportunity to spell out the remuneration details of a position as may have been discussed during an interview.
Perhaps more importantly to the prospective employee, it serves as confirmation of the new position in order to tender his/her resignation at a current place of work.
Unfortunately it does happen that employers go back on their word!
Employees should therefore insist on having written employment offers and letters of appointment.
Continue reading "Letter of Appointment - Why It's so Important to Have One"
Aug 25, 2023
About Security Deposit Receipts for Tenants
Regardless of whether it is a legal requirement to issue a receipt, it simply is good business practice to do so.
It also works the other way. When it's time for the landlord to refund the tenant, be sure to get that acknowledged in writing too.
Especially if such payment is made in cash!
Use our printable deposit receipt template to ensure you have proper records of your transactions.
Continue reading "About Security Deposit Receipts for Tenants"
Aug 23, 2023
Contractor Agreement - What Should Your Document Contain?
From the smallest construction, addition or alteration, to extensive work such as building a new house, this is one document that needs to be comprehensive.
Our free template is especially useful to assist you in compiling your list of all the elements that you need to consider as either contractor or homeowner.
We also offer additional guidelines as to clauses that an owner should not agree to and how to verify a contractor's credentials.
Continue reading "Contractor Agreement - What Should Your Document Contain?"
Aug 18, 2023
Contract Extension Agreement
It's the nature of the beast that constructions or alterations or remodeling will take longer than anticipated.
It is quick and easy for both parties to just note and sign an extension to the deadline (so there will be no late penalties) with our deadline extension amendment.
Another good idea is to note any variation orders e.g. repainting of an area in a different color or moving plumbing points and especially to note the additional costs that may be incurred because of this extra work.
Make use of our free contractor agreements to avoid possible disputes at a later stage.
Aug 16, 2023
When, and When Not to Use Rental Agents for Investment Properties
Agents can be hugely helpful in marketing and finding suitable tenants for rental properties.
But we do not completely rely on their services and the reasons are simple:
Our real estate properties are a valuable part of our retirement portfolio. We therefore actively get involved in:
- Meeting prospective tenants and doing our own reference and employment checks;
- Inspecting the property regularly and effecting repairs and maintenance as and when before it escalates into a huge job;
- Using one standard lease agreement rather than trying to keep up with clauses and deadlines in a variety of documents.
You can find more landlord tips and all the totally free real estate forms that we use linked to from this page:
Continue reading "When, and When Not to Use Rental Agents for Investment Properties"
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