List of Key Landlord Responsibilities
Learn your duties as a landlord so that you’re more successful with your real estate investments. Here are 9 landlord responsibilities you may have overlooked.
1. It’s your responsibility as a landlord to know and understand all tenant-landlord regulations for your city and state.
2. The preparation of a lease agreement and any other legal paperwork is all part of your duties.
3. Once a lease contract is signed, you have to deliver possession of the rental unit to the tenant on the agreed-upon date.
4. The leased property must not have any serious deficiencies, and must be in safe and habitable condition.
5. Tenants have the right to quiet enjoyment – the benefit of living in their home without being disturbed.
6. As a landlord, you must complete all property repairs on time.
7. You must protect your tenants, to a point, by providing specific safety measures.
8. If you become aware of any criminal activity taking place in your rental unit, you must report it to the authorities.
9. You can be liable for your property manager’s acts, including illegal ones.
Click Below For My Book How To Succeed With Property Management
A Basic Guide To The Core Rochester Landlord Responsibilities And Rights
Share.