- Thread starter
- #11
Since some of you seem to have such strong opinions on this, I'm guessing you guys got burned in the past?
If so, what would you change about what you did?
I'm not sure if I should ask for some kind of damage or security deposit for this and if we should put a time length on it like a lease, or if it should be month to month?
I was originally thinking of writing out a 6 month "lease" but what should the wording be like in the case of non-payment? Should I state that non-payment for even one month will relinquish the ownership to me or something?
Should I have a late payment fee?
Hmmmm, I hate paperwork but I agree that this is really nessesary. I cannot afford to get burned here and I'm just trying to be nice and help someone out.
If so, what would you change about what you did?
I'm not sure if I should ask for some kind of damage or security deposit for this and if we should put a time length on it like a lease, or if it should be month to month?
I was originally thinking of writing out a 6 month "lease" but what should the wording be like in the case of non-payment? Should I state that non-payment for even one month will relinquish the ownership to me or something?
Should I have a late payment fee?
Hmmmm, I hate paperwork but I agree that this is really nessesary. I cannot afford to get burned here and I'm just trying to be nice and help someone out.