19/11/2024
Tenants paying rent on time and being responsible is what every landlord want. However, they will still encounter troublesome tenants every now and then. That's why some of them seek assistance from property management companies to address it. But how do we identify this kind of tenants in the first place?
Here are some examples of those renters and suggestions on how to solve them:
This is the most common trouble tenant landlords will encounter. Some tenants will work their way to landlords on giving partial payments. Some will give it late citing several reasons. Or worse, they'll just not pay.
To avoid this situation, clear cut conditions must be stipulated like:
Some tenants have regular visitors, on a daily or weekly basis. What's worse is they will sublet the property without landlord's consent. Complaints will soon follow. Tenants will just argue that it's their right to have visitors. That's because they are paying rent.
Subletting must be properly specified on the contract if it's allowed or not. Coordination with building management regarding tenant's visitors and visiting hours is a must. This will identify if tenants breached contract stipulations regarding “use of premise”.
Landlords commonly ask, “The tenant destroyed my property, what needs to be done?”. When signing lease contracts, it should be clear to tenants what they are signing. There should be a clear threshold on each and everyone's responsibilities.
Landlords must handover the property to tenants in full working and acceptable condition. It's obvious that tenants must cover for any property damages they created. All of these must be clearly identified on the contract. This is to protect both landlord and tenant rights.
Lease agreements must have a list of responsibilities by both parties on the property. And this is done thru inventory and handover checklists. This will classify how the property was received by the tenant. And it will also identify how the property should be returned.
There are many handover list examples to choose and pattern from. Below are some guidelines on making good inventory list example for managed properties:
All of these can be addressed by a reputable property management company. And if it's property management Dubai it's got to be BSO Real Estate Management.
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