|Landlord Newsletter Jan 25, 2011 | Condition Report|
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January 25, 2011
Dear Fellow Landlord,
In this issue:
Please e-mail us if you have any questions or would like to add or share any material / information.
Property Condition Inspection Checklist
The Condition Inspection Report may be used with or without a Security Settlement Statement, but I have had better success using both together.
This document is not only a complete condition checklist at Move -In and Move - Out, signed by the tenant at move -in, it also puts the tenant on notice that the condition has been documented, dated and acknowledged. It is very important for the landlord to establish the condition of the premises before the lease begins and after the term ends.
It will be very difficult for the tenant to argue the facts noted on this form which is signed by them!
Video and Photo reminder: Tenants are reminded that the premises may have been photographed and video taped prior to occupancy and also upon vacancy.
Includes a Security Settlement section to calculate any deductions
Using The Condition Inspection Report along with the Security Settlement Statement will afford maximum landlord protection. As long as your charges are legitimate and conform to your lease agreement, it is very unlikely that any deductions will be challenged by the tenant.
Ask the Attorney
John Reno also does Mortgage Loan Modifications (Nationwide).
If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
Dear Mr. Reno:
A: Well that's a bad situation but I guess you'll have to pay the water bill and then take it up with the tenant. In some cases you can evict for utilities but it depends on your lease and local rules. At the very least you could go to small claims court and maybe see Judge Judy.
Like and Dislike Buttons!
Now you can rate the feedback to the questions posted by yourself and others! Your rating will show readers which answers were most helpful to you.
Successful Landlord Wealth Quotes
"God made the Idiot for practice, and then He made the School (or CONDO) Board." - Mark Twain
"The only thing worse than having a rental house not rented is having it rented to a bad tenant." - John Nuzzolese
"How much did your last tenant problem cost you?"
Quick Check Credit Reports, Inc. is proud to announce its affiliation and partnership with The LPA in helping landlords protect their interests by better screening tenants at lower costs!!
FREE LPA Gift with Book Purchase!
Not only is Danielle Babb one of our county's most knowledgable real estate anylists, she also shares excellent landlord information and advice in her book, "The Accidental Landlord". Plus she's a super nice person! - John Nuzzolese
comes with all 2 - 5+ year LPA Memberships
Be a more powerful landlord - able to handle just about any landlord / tenant situation in a professional way, saving you time and money.
ALL FREE with LPA Membership!
Yes, this offer also applies to LPA membership renewals!
Having all the forms all on disk is a handy time saving convenience.
Worth A Thousand Words!
The LPA's Rental Advertising division,"Landlord's Corner" allows you to include up to 6 pictures (thumbnails and full size pictures) in each rental ad.
LPA members: FREE!
LPA Membership Expiring?
LPA members have been asking me for a while now about how to set up automated rent payments with their tenants. I’d like to bring your attention to “ClearNow, the leader in electronic rent collection.” ClearNow enables you to have your rent automatically withdrawn from your tenant’s bank accounts and directly deposited into your bank account.
If you haven’t done so already, please check out …
Tips & Advice
Landlord Tenant Law
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