2.
GET LEASEGUARANTEE LeaseGuarantee protects landlords from tenant-related risks, such as property damage, unpaid rent, and eviction costs. It can cover legal fees, property damage repairs, and lost rent due to tenant-related issues up to $10,000. Most landlords require tenants to pay for a LeaseGuarantee instead of or in addition to a security deposit or they may cover the cost themselves. Either way, having a LeaseGuarantee can give you peace of mind and protect you from financial losses if you end up with a nightmare tenant. If you screen a tenant with AAOA, you will automatically get a LeaseGuarantee Analyzer which will provide you with a policy quote, starting at $199/yr.
USE A STATE-SPECIFIC LEASE AGREEMENT
3.
A strong lease agreement is an essential tool for landlords to protect themselves and their rental property, establish clear communication with tenants, and ensure a smooth rental process. Your lease should be state- specific and have terms customized to your expectations about rent payment dates, noise levels, and rules on smoking or pets. You can get started with AAOA’s customizable lease agreement or contact an attorney to help you draft a lease. If a tenant violates your lease, make sure to address the issue promptly and enforce the consequences outlined in the lease agreement so they will continue to take your terms seriously.
LEASEGUARANTEE CAN GIVE YOU PEACE OF MIND AND PROTECT YOU FROM FINANCIAL LOSSES.
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