Effective Demand, I absolutely love your approach and your lease addendums. I encourage everyone to use them and to use your explanations as to why they are fair to both sides. Most mom and pop landlords would accept those terms with those explanations, they don’t indicate that you want anything for free but that you don’t want to be taken advantage of. The terms should weed out bad landlords all by themselves. The one landlord that I truly admired was fair to me and I was to them, unfortunately I had to luck into that relationship and it was a rare example. You have freely shared a plan to make your own luck, thanks. When I do buy a rental and become a landlord, I think i will add those addendums without being asked and may even figure out a way to advertise them beforehand, I think many renters would be swayed towards renting one place over another if they had some form of foreclosure protection and a more defined penaltly if they chose to buy or needed to move. Let’s hope you have started a trned with a few strokes of a keyboard.
I hope your post isn’t too late in the thread to be read my many because it is an important piece of advice. I also want to commend you on displaying the true nature of this website, sharing information to make a stranger’s life better. Your Karma bucket is now full, may you be rewarded twentyfold.
