Landlord Rights
Waiver of Notice of Nonpayment by Tenant
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Waiver of Notice of Nonpayment of Rent by Tenant
The following language is absolutely essential in a Landord's lease: "TENANT HEREBY WAIVES NOTICE OF NONPAYMENT OF RENT." Put this in at least 12 point font in bold and have the tenant(s) initial this section upon signing the lease. -
Acceptance of Payment with a Full Reservation of Rights
The following language is a "must have" in the lease, on all receipts given to tenant(s), and under the endorsement on the rent checks: "Acceptance of Payment with a Full Reservation of Rights."
