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Re: Ohio: Landlord to sign Verification of Rent - Landlord Forum thread 351365

Re: Ohio: Landlord to sign Verification of Rent by Anonymous on March 27, 2017 @10:09

                              
There is no harm in filling out and providing the requested information. This is a business and there is no room for personal fears or feelings to enter into the mixture.

Think about the issues clearly;
The tenants are moving if the loan goes thru...
The lease will be broken if it does...
You will be required to mitigate damages upon breaking the lease...

If the loan fails and you did not provide the requested documents, your tenants will certainly find fault with you. Do you wish to endure a bad tenant relationship during the remaining months?

Smart landlords will be proactive and secure the tenants help in mitigating damages so that the rental can be turned over quickly. Failing to provide the verification form would certainly work against any cooperation from the tenants.

You never know, the mortgage people, realtors, etc. might have someone who would be a great renter to recommend, which would not happen if you did not provide the documentation.

Overall, the tenants may be moving and breaking the lease in doing so. It's those landlords who are professional and treat it as a business issue, that will be the ones who have a smooth turn over. Those landlords who fail or refuse to cooperate are the ones who find it difficult in dealing with problems if things do not work out.

Step up and do the right thing. Get the cooperation of your tenants to make sure things go smoothly or follow the poor advice and deal with bitter tenants for the next five months if things go south.

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Re: Ohio: Landlord to sign Verification of Rent by Anonymous on March 27, 2017 @10:56 [ Reply ]
Totally agree. Better to be professional about this and get everyone's cooperation. There are more upsides in handling this business wise and many downsides in being a jerk about the whole thing. Filling out the form correctly without personal comments or bold lettering, which comes across as being petty, is the correct response.

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