O'Donnell Law Center : Lake of the Ozarks

Being a landlord comes with a lot of responsibility. You are ultimately responsible for the upkeep of the property that your tenant is living in. On the flip side, renting can be a smart investment and an effective way to make money. If you are interested in becoming a landlord, having a trusted lawyer at the Lake of the Ozarks is a good idea. As a landlord, you will want to legally protect yourself and your property. Learn how O’Donnell Law Center can help protect landlords below. Prepare a Lease Before anyone rents your property, it’s important to have a well written lease. A lawyer knows exactly what you need in a lease and can help protect you with the correct verbiage in this document. After you implement your lease, it’s a good idea to have it reviewed from time to time to make sure no new provisions are needed. Notice to Vacate Before you can evict a tenant, you’ll need to file the proper notice.  A lawyer can help you prepare and serve your notice, and how to m...

Couples are waiting longer and longer to get married, which is indirectly causing people to wait longer and longer before buying their first homes. With the average age of a first-time home buyer steadily increasing, adults are renting apartments, homes, and condos for many years before buying a place of their own. As renting becomes a long-term lifestyle for many adults, landlord and tenant law is becoming more and more important.  When they think of landlord-tenant law, many people tend to think of the tenants and their rights. Less attention is given to the (equally important) other end of the equation - the landlords. Landlords Have A Lot Of Responsibility As a landlord, property owners agree to open their homes, condos, apartments, and other properties to tenants. Often, landlords have had no prior experience with their tenants before they sign the lease, yet they rely on their tenants to:  Pay their rent on time Follow the agreed-upon rules regarding the...