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If you are thinking of renting out your flat or house there is a long checklist of things you need to be aware of. You are no doubt aware that choosing the right tenant is vital. So is making sure that you have agreed on important things such as how the rent will be paid and a review procedure for the amount of rent. There are other considerations that prospective landlords sometimes fail to take into account.
One of the things that often set landlord and tenant against each other is the tricky area of repairs to the property. You have responsibilities in this area but it is important to remember your client has as well. This should be a pretty straight forward thing to understand but it is often more complex than it sounds. Basically, as landlord, you are responsible for anything broken or damaged through daily wear and tear. If the damage is the result of neglect or abuse then your tenant is responsible.
If the damage is clearly there due to neglect or misuse by the people renting your property then they have to pay to fix it.
This seems quite easy but it can become difficult. Some tenants create problems when faced with the prospective of paying out money even if it is clearly their fault. Even though you may be completely within your rights, having to take a tenant to court is still a situation you could do without. It may be better for everyone to call in an expert to help get the tenant to restore your property to its original condition.
Through no fault of your tenants, it may become necessary for you to end your agreement with them. It is nice if things can end smoothly. The main thing you need to think about at this stage is the type of rental agreement you have with the tenant. If it is a periodic tenancy then you can bring it to an end by giving the tenant notice, in writing, of 30 to 60 days. This works out well for you, as it frees your property up with the minimum of fuss. If, however, you have a fixed term tenancy you must wait until the period of the term expires.
There are exceptions to this rule, such as the consistent non-payment of rent or awful damage to the house or flat you are renting. It is best to consult an expert before you attempt to throw out a tenant with a fixed term agreement.