While renting your property for additional income is an attractive source of income, it can also bring a wide range of problems too. Being a landlord is not easy and you may face many disputes with your tenant over the course of the lease agreement. You may want to adopt certain strategies which minimize, If not eradicate the conflict between you and your prospective tenant. Here are a few practical ways you can avoid disputes with your tenant:
The first thing you need to do in order to avoid any future disputes, is to advertise your property in the right way by using multiple communication channels. Put clear pictures of your property in the advertisement and give correct and honest details of your property. This will ensure that only the right people who are interested in your property will reach out to you.
Also, this will reduce the chances of attracting tenants whom you may not want to give out your property to. Never overstate or understate the details of your property as it will attract not only those who may be truly interested in your property but also others who would not be interested.
List Proper Terms in Lease Agreement
You should make sure that the lease agreement that you sign with your tenant has all the terms of the contract listed in easy and understandable terms. Do not leave anything to verbal agreement, but put it down in writing to avoid any future dispute. Make sure your tenant agrees to every term so there is less chance of a conflict later on. Go through the contract terms with your prospective tenant and have their signature on it making it abiding by the law. This will ensure that you stay well protected in case of breach of any lease agreement terms
In order to avoid any necessary dispute over property damage and missing items when a tenant empties the space, get a landlord inventory document made. It will list in detail all the house items you have in place from before in your house or apartment. It will also mention the existing wear and tear and damages (if any) to the property). This document will ensure that everything is well documented before the tenant moves in the house and after they vacate so that there is nothing left to doubt whether about any missing item, or damage. You can always verify it against the landlord inventory.
This document will give you a proof of the condition of the house before the tenant moved in. Without the proof, you can end up in a dispute with your tenant over property damage and it will only be your word against the tenant if you take them to the court.
Lastly, in order to avoid any conflict with your tenant, you would want a tenant who is right for you and your property. That requires proper screening. Go through a standard assessment of the tenants who would be willing to rent your property and verify their credentials. You may also want to verify the income source and credit worthiness to ensure that they are able to pay your rent each month on time. For all this information, meet your tenant in person and ask for verification documents.
The right tenants would not refuse from verifying this information and would know the purpose and they will be willing to provide you with. Ask for any references which would help you to establish their credentials and follow up on the references. A simple call will let you establish the fact if the tenant is trustworthy and responsible to be allowed to take your property.
At Fast Eviction Service, help on any of the issues discussed in this article is simply a click or phone call away. Email firstname.lastname@example.org or call our office at (800) 686-8686 to discuss your questions for a free evaluation of your case.
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