Many landlords have a checklist they go through when they examine a property for damages after a tenant moves out, allowing them to discover any damage to the property and withhold the cost of repairs from the security deposit. Sometimes, however, the damage isn’t discovered for weeks or even months afterward, and the security deposit… Read more »
Monthly Archives: June 2019
Protect Yourself from Fraud with Tenant Screening
Sadly, fraud is everywhere, including property rentals. Rental fraud occurs when tenants move in with no intention of paying rent, eventually forcing the landlord to evict them. The entire process can take up to three months or more; in the meantime, the landlord has lost out on months’ worth of rent. These deadbeat tenants often… Read more »
Lead-Based Paint Disclosures: What You Need to Know
Landlords are responsible for maintaining more than just the habitability of their properties; they’re also responsible for disclosures on anything that can present a health or safety hazard. One such disclosure is lead-based paint; landlords are legally required to disclose the presence or potential presence of lead-based on their property to inform their tenants of… Read more »