Many people wouldn’t class being a landlord as a job, but it requires several of the same skills as other jobs, such as effective communication, problem-solving and management skills. The key to being a good landlord is maintaining positive relationships with tenants, following compliance laws and managing the property effectively.
This article will dive deeper into effective property management as a landlord.
A Comprehensive Tenancy Agreement
A clear and comprehensive tenancy agreement outlines all the responsibilities of the tenant and landlord. Areas to cover in the tenancy agreement include rent payments and payment schedules, property rules, tenancy duration, termination conditions and notice periods and maintenance responsibilities.
Completing and signing this legal document provides a clear understanding of the standards expected of both parties. Complying with all responsibilities described in the tenancy agreement helps avoid tenancy dispute claims.
Communication
Two-way communication between landlords and tenants should be clear, open and regular. By fostering a positive relationship with tenants, they are more likely to follow the tenancy agreement and notify you of any issues that require attention.
Agree with tenants on the best way of contacting each other in case of a problem. This may be via a tenant portal, email or phone. As a landlord, quick replies and fast action to resolve problems demonstrate attentiveness and ensure tenant satisfaction.
Property Inspections
Property inspections are a common area where tenant disputes may arise. When conducting property inspections, tenancy laws must be obeyed, with a minimum of 24 hours' notice given.
To avoid springing an inspection on your tenants without fair warning, it's recommended to schedule inspections in advance. Informed tenants will be aware of inspections and make sure the place meets expected standards. Violating any of these compliance laws could encourage your tenants to file a legal claim against you.
Maintenance Work
A proactive approach to maintenance is the best way to ensure the longevity and upkeep of a property. A system should be designed for tenants to report maintenance issues. Urgent repairs should be conducted as soon as possible after being identified while non-time-sensitive repairs should be scheduled with tenants at a suitable time.
Legal Requirements
As a provider of housing, there are many regulations a landlord must follow to ensure the property is suitable and compliant. These laws and regulations include health and safety standards, tenancy rights and fair housing laws and local property codes and regulations.
Landlords must stay compliant with these laws to avoid tenant dissatisfaction and tenancy disputes, which could result in fines or penalties. Since there are many legal requirements for housing properties, landlords often enlist the help of property solicitors to ensure buildings are legally compliant.
Legal Advice For Landlords
At DJP Solicitors, we provide legal advice for landlords, helping them to ensure properties maintain compliance with tenancy laws and regulations to minimise tenant disputes. If tenant disputes arise, or a landlord requires eviction advice, our team of expert solicitors can offer quality legal advice and assistance to navigate these situations.
For more information about legal advice for landlords, get in touch today.
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