The Landlord Tenant Act: What Landlords Need to Know
Landlords should mostly be concerned about the Landlord Tenant Act, since they are in a position of power—having the rental space to be rented out, and have the ability to choose whom they give that responsibility to. This Act also specifies the legal rights and duties of a landlord. It also highlights all that a landlord cannot do. This means that unfair means may not be used in order to evict the tenant and no discrimination should be in place; you cannot be unfair to any individual on the basis of their color, race, ethnicity, gender etc.
The Act also lets you know about more of the things you can do to make the relationship between the landlord and the tenants better. Many clauses are present that highlight how to set a rent rate, when you can increase it and under what conditions is it okay for you to increase it and why. This is an important part of the Act because this is where your purpose of getting your rent for your rental space is fulfilled. The Act also highlights all the responsibilities that you must fulfill if you are a landlord relating to the upkeep of your property. This includes all the health checks that must be done before renting the space, all the repairs that need to done if they have occurred under normal circumstances, and they are your fault not your tenants.
The Act serves to be a complete guideline for both the landlord and the tenant. This guide is what empowers both parties and sets a line for both of them to follow. Without such an act being in effect, both the landlord and tenant would suffer, neither would get their rights, and if there was a dispute there would be no formal law to resolve the issue. Thus having something that can resolve potential upcoming disputes and disruptions is something very useful indeed. With the act in place, everyone has something to look back to, to fall back on and to depend on.
Most importantly, the landlord needs to understand that the Act is there to allow the landlord to exercise his right over the space that he will rent to tenants, but it is also there to protect the tenant too.
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