Protecting Your Property with a Landlord Guide

 


Visitors: 583

Renting residential or business property can be an extremely profitable business. There is a lot of money to be made buy renting apartments, homes, or business property out to renters. However, this enterprise can quickly sour if your tenants are unable to pay the rent each month or worse damage your property. If you are either currently a landlord or considering purchasing a property, it is important that you read up on how to be a landlord, and understand your rights.

If you own a piece of property that you are considering renting out, it is increasingly important that you know your legal rights as a landlord. Today, many landlords can get stuck with thousands of dollars of unpaid rent or legal fees because they do not know how to write an ironclad contract or don't know their rights as a landlord. Here are some pointers on getting the information that you need to protect yourself.

There are numerous landlord guides which can be found in websites online or in e-book form. A well informed landlord knows his or her rights and obligations regarding subjects such as security deposits, rental applications, discrimination, repair responsibilities, rent increases, lease termination, and eviction notices. It is also vital to understand how to avoid potentially bad tenants using legal tools such as credit checks, background checks, and criminal checks.

These tools are just one way to protect yourself against renters that could possibly ruin your investment. You also need to learn how to write a strong contract, understand your tenants legal rights and obligations and how to watch out for major pitfalls. So if you are a landlord, a landlord guide is an invaluable tool to protect your investment.

(293)

Article Source:


 
Rate this Article: 
 
Passwords or Pass Phrase? Protecting your Intellectual Property
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Your Landlord Guide to Important Rental Property Terms and Words

by: Teo Zhenjie (January 14, 2009) 
(Real Estate/Leasing Renting)

Commercial Landlord Insurance for Property Owners

by: Joel Tarplin (March 03, 2011) 
(Insurance/Commercial)

Explore all Areas with Landlord Property Insurance

by: Tom J Smith (April 13, 2012) 
(Insurance/Commercial)

When Should a Landlord Hire a Property Management Company? Now!

by: Azriel Herry (January 26, 2012) 
(Real Estate/Real Estate Investment)

Landlord Insurance – Property Owner’s Liability

by: Nathan De Bond (November 12, 2009) 
(Insurance/Home Owners Renters)

Landlord Software, For the Dedicated Property Owner

by: Stephanie Tuia (September 21, 2006) 
(Real Estate)

Gurgaon Rental Property Market - The Landlord Zone

by: George Gonigal (April 15, 2008) 
(Real Estate/Commercial Property)

Protecting Your Intellectual Property

by: Kerry Fox (June 20, 2008) 
(Legal/Trademarks)

Beware of Cyber Thieves: Protecting Your Intellectual Property

by: Mary Anne Donovan (November 30, 2005) 
(Internet and Businesses Online/Ezine Publishing)

Passwords or Pass Phrase? Protecting your Intellectual Property

by: John Savageau (December 31, 2004) 
(Internet and Businesses Online/Security)