Commercial Real Estate Management Helps You Avoid These Five Common Causes Of Landlord - Tenant Disputes
Commercial Real Estate Management Helps You Avoid These Five Common Causes Of Landlord - Tenant Disputes
A healthy relationship between landlord and the tenants is both the root and result of effective property management. However, conflicts and disputes arising due to various reasons are not uncommon between the landlord and the tenant.
Disputes might often give way to legal rows, which are definitely detrimental to financial resources, the time and reputation of the landlord and the tenants as well. To avoid such situations, it is very important to understand the factors which cause them. Here are the five most common causes of disputes and how to avoid them.
1. Rental delay
The irregularity in rent submission by the tenants is undoubtedly the greatest reason for discord between them and the landlord. Sometimes, tenants might delay the payment of monthly rent due to financial crises, which disturbs the cash inflow of the landlord, prompting the landlord to send a notice to the tenants, leading to a dispute.
Such disputes are usually resolved according to the terms of the lease. The lease is to be referred to check the maximum permissible due date for the tenants to pay up. The landlord should refrain from sending any strict notice to the tenants until the maximum date is reached. The landlord can actually secure his position by blocking a certain amount of money as security deposit at the time of signing of lease.
2. Cleanliness
Every landlord expects that the tenants would be responsible for the upkeep of the cleanliness and hygiene standards of the commercial property. However, several tenants overlook this aspect and incur the landlord’s wrath. Such disputes can be avoided by property management services with regular inspection and ensuring proper sanitation within the premises.
3. Damages
Similar disputes might arise if the landlord discovers any physical damage to the property during the tenant’s occupation. Such disputes can also be prevented by regular inspections by commercial real estate management services and consistent dialogue with the tenants regarding damage control.
4. Subletting
Some tenants earn secondary benefits from the property under their occupation. They might rent out a portion to a third party and derive monthly rent without the knowledge of the landlord. Such unauthorized subletting might ignite a legal conflict between the landlord and the tenant. The best way to prevent such situation is to have a negotiation regarding subletting at the time of the preparation of the lease, and subsequent inspection of any secondary inspection during every visit by the property managers.
5. Illegal eviction notice
Consult a property management firm like Madison property management before evicting your tenants. A hasty decision taken by the landlord to evict the tenant might sometimes backfire. There are certain tenant rights which allow the tenants to ask for additional time to mend their ways, even after the due date of rent payment is over. The landlord and the tenant might enter legal dispute over the issuance of the eviction notice. So, consult a your property management firm, who can guide you on how to handle the issue or at the very least refer you to a reliable lawyer.
A healthy relationship between landlord and the tenants is both the root and result of effective property management. However, conflicts and disputes arising due to various reasons are not uncommon between the landlord and the tenant.
Disputes might often give way to legal rows, which are definitely detrimental to financial resources, the time and reputation of the landlord and the tenants as well. To avoid such situations, it is very important to understand the factors which cause them. Here are the five most common causes of disputes and how to avoid them.
1. Rental delay
The irregularity in rent submission by the tenants is undoubtedly the greatest reason for discord between them and the landlord. Sometimes, tenants might delay the payment of monthly rent due to financial crises, which disturbs the cash inflow of the landlord, prompting the landlord to send a notice to the tenants, leading to a dispute.
Such disputes are usually resolved according to the terms of the lease. The lease is to be referred to check the maximum permissible due date for the tenants to pay up. The landlord should refrain from sending any strict notice to the tenants until the maximum date is reached. The landlord can actually secure his position by blocking a certain amount of money as security deposit at the time of signing of lease.
2. Cleanliness
Every landlord expects that the tenants would be responsible for the upkeep of the cleanliness and hygiene standards of the commercial property. However, several tenants overlook this aspect and incur the landlord’s wrath. Such disputes can be avoided by property management services with regular inspection and ensuring proper sanitation within the premises.
3. Damages
Similar disputes might arise if the landlord discovers any physical damage to the property during the tenant’s occupation. Such disputes can also be prevented by regular inspections by commercial real estate management services and consistent dialogue with the tenants regarding damage control.
4. Subletting
Some tenants earn secondary benefits from the property under their occupation. They might rent out a portion to a third party and derive monthly rent without the knowledge of the landlord. Such unauthorized subletting might ignite a legal conflict between the landlord and the tenant. The best way to prevent such situation is to have a negotiation regarding subletting at the time of the preparation of the lease, and subsequent inspection of any secondary inspection during every visit by the property managers.
5. Illegal eviction notice
Consult a property management firm like Madison property management before evicting your tenants. A hasty decision taken by the landlord to evict the tenant might sometimes backfire. There are certain tenant rights which allow the tenants to ask for additional time to mend their ways, even after the due date of rent payment is over. The landlord and the tenant might enter legal dispute over the issuance of the eviction notice. So, consult a your property management firm, who can guide you on how to handle the issue or at the very least refer you to a reliable lawyer.
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