How do you plan to return the deposit to them?Marcecie said:Hello, I only own rental property for a short time and think I am not doing things the correct way.
When I rent the tenants always drop rent into me and I never visit the propert till time they are moving out,also I usually let them use deposit for last months rent.
This worked ok till last time when the tenants had left I found the furniture badly damaged by the dog(which I had not known about) so this time around I want to do it right.
My present tenants move out on 17th after 1 year, rent is paid till date of moving out and I have 1 months deposit, I have not been in house since they moved in.
any advice would be appreciated when should I inspect the house?
Calina said:Also, I pay rent via bank transfer.
Lorz said:Another tip worth considering is getting your tenants to pay weekly - that way if they are late paying and you have to evict them you only have to give one weeks notice. Worth considering especially if you have a shortfall from the rent towards the mortgage. If rent is due 01 Feb, tenants fails to pay - you give 2 weeks grace 14 Feb serve 1 months notice - 14 Mar when they move out (if you're lucky) and the last time you received rent is 01 Jan.
delgirl said:I would go to the property when the tenant gives notice and have a look around. If it's dirty, I tell them that it's a condition of their tenancy agreement that they thoroughly clean the property prior to departure - particularly cooker, fridge etc.
It is in the lease and is a condition, otherwise I wouldn't state it. The lease complies with the residential tenancies act 2004 and a sample is available [broken link removed].Calina said:I'm not sure you can say it's a condition of their tenancy agreement after the fact of signing if it's not laid out in the agreement. That being said, I would always clean a house before handing it back.
This is correct. 7 days notice is only applicable to serious anti-social behaviour or behaviour that is threatening to the fabric of the dwelling or the property containing it.Calina said:Additionally, the notice which you have to give your tenant - even in the event of late payment or failure to comply with the terms of their agreement with you - is dependent on the length of the agreement to date - for less than six months, it is 28 days regardless of how the rent is paid.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?