Well, are all planned for renting your property to some
tenants after you’ve bought a humongous villa? Hold on a second and take a look
at the things that you must take into consideration, so as to make your
experience easy with your new tenants.
Let’s just admit the fact that we, as
landlords are not much fond of the idea of renting our property to anybody just
like that as we’ve all seen several cases where people often lend up in losses
because of bad tenants. Well, tenant whether good or bad, as a landlord your
responsibilities must be;
1. You must issue
receipts of rent payments until and unless the tenant is paying the amount
directly to your account.
2. Make sure to
deal with all the repairs that are to be brought to your notice by the tenants.
The urgent ones must be handled as soon as possible whereas the one’s that
aren’t that urgent can be planned to be taken care of in a reasonable period.
Note that, the tenant can sue you if he ends up hurting himself because
something wasn’t repaired and was made under your notice.
3. Pay for the
council taxes and rates.
4. You must give
adequate notice before changing any rental charges. Rent may not be increased
in fixed tenancy agreements.
5. Allow the tenant to enjoy their privacy and
use all sorts of facilities that are being provided by you according to the
agreement.
6. Also, handle all
security issues carefully, including fitting all the external doors and windows
with locks.
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