A row of gravel pads in a small RV park at dusk, one older motorhome sitting level on blocks with warm light in its windows and a step at the door.

    Lease and Tenancy Structure

    Pad lease, unit rental, or rent-to-own; deposits; utility billing; and the documents your attorney reviews before you use them.

    Module 7 of 104 lessonsWritten in full1 worksheet

    The lessons

    All 4, in the order they are read.

    1. 1. Three structures: pad lease, unit rental, rent-to-own
      You can rent the pad, rent the pad and the unit, or sell the unit over time; each changes who owns what and who is responsible for what.
    2. 2. Deposits and fees
      Collect what your state allows, hold it the way your state requires, and return it on the day your state says.
    3. 3. Utility billing
      Electricity is the cost that swings with the tenant, and how you bill it decides whether the unit's margin survives the summer.
    4. 4. The documents
      A lease, park rules, a move-in inspection form, a utility addendum, and a renters insurance requirement, each reviewed by your attorney before it is signed.

    The worksheet

    Lease outline

    A section-by-section outline of the unit rental lease and its attachments. This is a structure for your attorney to draft from under your state's governing statute, not a lease. Every row is marked for attorney review because every row is.

    Lease outline
    SectionWhat it coversDecision you makeAttorney review
    Parties and premisesLandlord, tenant(s), unit identifier, space numberOne lease per unit; all adult occupants signRequired
    TermMonth to month or fixed term; renewal; how either side ends itMonth to month is common for the first tenant; notice periods per statuteRequired
    RentAmount, due date, payment method, grace period, late feeSet from Module 2; late fee within state capRequired
    DepositAmount, where held, deductions allowed, return deadlineWithin state cap; separate account if requiredRequired
    What is includedFurnished unit, pad, hookups, trash, any park servicesCross-reference utility addendumRequired
    UtilitiesIncluded, flat charge, or submetered; measurement and billingFrom the utility billing lesson; state submetering rulesRequired

    12 further rows in the downloadable sheet.

    School of Life Hacks

    The things nobody teaches you.

    Nothing here is legal, tax, financial or engineering advice. Every course tells you plainly where to stop and call a professional, and names which one.

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