Many times investors will purchase a residential home and rent that home out. They make the general mistake of renting that property out using their own personal name, or even worse using a CAR generic form.
When purchasing a property that is used for the purposes of an investment, it is important to protect that investment as well as protect your own personal assets from potential liability. Now every single person is not going to require the exact same solution. One owner may have considerably more assets to protect than another. Another client may have a specific type of tenant with particular types of issues within the property.
What is important and recommended is to allow LOKK to provide you with a strong solution that will adequately protect that investment.
Below, find an example of a residential lease we have drafted for a previous landlord.