One of the most important things that can be done to ensure compliance with the lease is to review it in detail with the tenant(s). It’s hard to believe for many property owners, but most tenants will just sign the lease without bothering to read any of it. For those who do read it, they usually just skim the ”highlights” like the monthly rent, the late fee, and scheduled rent increases. The rest of the document gets completely skipped. It’s the rare tenant who actually does any due diligence in reading over the entire document and knowing what their legal obligations are.
While you may think that this isn’t a big deal, since they’re still responsible for whatever they sign, whether they read it or not, we find that compliance with the lease is a lot higher if the tenant knows upfront what their obligations are. If they find out after the fact, after they’ve already incurred penalties, then they’re more likely to not pay and create hassles.
In order to avoid this problem, all of our agents review the lease with the tenant in detail prior to the tenant signing and moving into the house. We go paragraph by paragraph and explain all of the details about late rent, eviction, their responsibilities for maintenance and repairs, etc.
By doing this upfront, the tenant is far more likely to comply with what the lease requires, leading to fewer headaches for the landlord and less likelihood of having to deal with it in court.
Give us a call and let us take care of all of this for you! We’ll have a qualified tenant in your property in short order and take care of full management for you for a reasonable price.