Landlord Tips for Managing Rental Property
Actually, it is a legal responsibility of landlord to manage the rental property regularly. But if they will ignore it, then it can create so many legal issues for them. Next, landlords should know about other legal responsibilities which they have to perform before giving property on rent. Just like getting the landlord safety certificates. This will automatically increase the value of rental property and satisfy the tenant that the house is safe and secure to live. Here in this article we are discussing about tips which landlord have to follow for managing the property:
- The Landlord Can’t Give Preference to Particular Tenants:
The first thing that landlord should do is not to discriminate amongst prospective tenants. Most people don’t know about this but landlord can’t reject the prospective tenant for any discriminatory reason. Instead, he have to make a decision based on their documentations. Including their credit history, income or past employment history.
- Keep the Agreement in Writing to Avoid Conflicts:
The next thing that landlord should do while giving the property to the tenant is to write down all the details in the agreement. Basically, this will help both of you to prevent any type of future disputes. Actually residential lease agreements consist of terms and conditions of the rental agreement. Including details like names of tenants and landlord, security deposit amount, time of tenancy, property repair terms and the amount of rent.
- The Landlord Is Liable to Inspect the Rental Property:
Other than that landlord will be liable to visit the property on a regular basis. He should inspect regularly to analyze all the dangerous conditions or issues with the property. He should know that he has the legal liability to keep the tenant safe and secure. Other than that, you are also liable to get the landlord electrical safety certificate costs of the property. That will help you to keep the tenants safe from any type of expected electrical accidents.
- The Landlord Has to Make the Property Secure:
Next as a landlord it is your responsibility that you install all the security devices in the property so that tenants would remain safe and secure. Security devices present in rented property include fire alarms, carbon monoxide detectors, surveillance or cameras. Keep in mind that all these devices will help you to make your property safer. And it will also help you to increase the overall worth of your property.
- The Landlord Is Liable to Make Repairs Promptly:
Other than that if the tenant need to have instant repairs in the property, then he will be liable to pay for all the repair work. According to the law if the landlord is not available for instant repair of property work, then the tenant will cut repair charges from rent. In some states landlord use to have legal responsibility to provide basic facilities to the tenant just like electricity, heating and even the plumbing.