On Apr 16, 9:15*pm, Jeff Liebermann <je...@cruzio.com> wrote:
> On Thu, 16 Apr 2009 20:38:38 -0700 (PDT),
> "shareyourknowle...@hotmail.com" <shareyourknowle...@hotmail.com>
> wrote:
>
> >On Apr 16, 3:50*pm, "Bill Kearney" <wkearne...@hotmail.com> wrote:
> >> > No, there's no lease.There's no rental agreement. It's a house and my
> >> > wife doesn't want to go through that.
>
> >> Which is insanely stupid, from a liability standpoint. * *One serious
> >> accident and any good attorney could get him more than the value of the
> >> house in a lawsuit.
>
> >I agree. I mentioned this to her but she doesn't listen. Like i said,
> >it's her house, but she doesn't do things in a *conventional way.
>
> Off topic, but maybe interesting:
>
> I played slum lord for many years. *First for my fathers 13 unit
> apartment building. *Later for various house rentals and investments.
> You're just asking for trouble with a verbal agreement. *The courts
> tend to favor tenant rights over landlords. *Any disagreement might
> end up in the courts where the tenant is likely to win. *Your only
> protection is a piece of paper that limits your exposure. *The courts
> might enforce a verbal agreement, which means that literally anything
> your tenant claims will be considered as a binding contract. *However,
> if you have a piece of paper (rental agreement) it outweighs a verbal
> agreement.
>
> I suggest you purchase the Nolo Press Landlords book (this one for
> Calif):
> <http://www.nolo.com/product.cfm/objectID/CA928DBB-4072-4DE0-B9664D751...>
> and RTFM before you make any mistakes.
>
> Also, my favorite trick was to look at the vehicle the prospective
> tenant is driving. *If the car looks like a garbage dump, that's what
> your house will look like shortly.
>
> Good luck.
>
> --
> # Jeff Liebermann 150 Felker St #D Santa Cruz CA 95060
> # 831-336-2558 * * * * * *je...@comix.santa-cruz.ca.us
> #http://802.11junk.com* * * * * * * je...@cruzio.com
> #http://www.LearnByDestroying.com* * * * * * * AE6KS
I told her never to agree to having a tenant move in until you do a
background check.I said just because the former tenant was a good
tenant, it doesn't mean her friend will be the same.