Landlord Obligations: The Responsibilities of a Landlord
Since there are many official rules and regulations with respect to the landlords and their tenants, it is also worth mentioning that landlords have the most power in this relationship as well as the heavier burden of duties in fulfilling the rights of their tenants.
The major points of being a landlord should be contained in the rental agreement. No tenant should take occupation of a property if they haven’t signed off on a legally drafted tenancy agreement. The agreement sets out the obligations of both parties, most of which are covered under the Landlord Tenant Act.
Since the tenant is the occupier of the property, the landlord will have to present him with a fully functional and suitable rental space, functional in the sense that everything that is contained within, should be in working order and everything that it has in terms of either being furbished or not, should thereby be suitable.
Another important responsibility of the landlord is that they should always perform health checks and suitable upkeep should be done of the rental space, so that they can be sure from their side that nothing will endanger the lives of or harm their potential tenants. The landlord must make sure they contact all the societal councils to see what has to be done to the rental space to make it habitable and suitable according to the criteria of these councils.
Another major responsibility of the landlord is that he/she should always make clear the house rules and codes for when a tenant moves in. This is important because when the tenant moves in unaware of their own obligations, there is a greater likelihood to make mistakes and violate the rules. It is also within the realm of responsibilities of the landlord that he/she makes regular checks so that he/she will be aware of the fact if any violation of the house rules is taking place and tackle it sooner rather than later.
Last, but certainly not the least, the landlord must make sure he also respects and fulfills the rights of the potential tenant. If the landlord makes himself out to be the dominant entity without a feeling of compassion and care for his tenant, then the tenant will feel violated of rights. To maintain this relationship, there has to be a certain level of give and take, in which both parties give and take equally. That is the only way to avoid conflict and be happy within such a well-molded, co-existing societal relationship.
Becoming a landlord is a major deal and no one can simply get up and think, “well, yes I think I should be a landlord and rent out my flat.” If you are thinking that you would like to be a landlord,... More
Landlords and aspiring landlords, do not become as such, without guidance and advice. There is a lot that goes into being a landlord nowadays; in fact, there is so much to learn that it often confuses... More
Renting out an apartment or a house can become a constant revenue source for landlords, but at the same time, it gives rise to several problems. It is a fact that high standards, a strict lease... More
If you are currently thinking of becoming a landlord only because it helps you have a constant stream of income, you should think twice. It’s not that you should not consider offering your property... More
When it comes to paying taxes, most individuals have no idea that they may be paying so much without needing to do so. The same goes for landlords. Why should you or any other landlord be paying more... More
When you own a rental business and start it from scratch, you know how important it is for your business to reach the people it matters to most. How else would your business flourish and blossom? It... More
For a landlord, it is of immense importance to ensure that they only let a qualified tenant to move in. It is however every landlord’s nightmare when they get tenants from hell who make the tenancy... More
There are many terms and concepts used in the realms of landlording, and when it comes to learning everything in the property business, most aspiring property owners find them in trouble. Most... More
Not all tenants are alike; some of them are good, others are from hell. That’s why one should know the right way to deal with bad tenants. They can be troublesome in the sense that they can damage... More