4 Core Responsibilities of a Landlord
As a landlord, you have a lot of responsibilities. The fact is being a landlord in Burbank requires a lot of work. It is your duty to ensure that your tenants are happy. Part of your job includes looking for tenants, background checks, credit checks, and eviction check. Most smart property owners know that these tasks are not easy. Thus, they make use of the services of top Los Angeles Property Management Company.
Every landlord needs a good tenant. To find a good tenant, you need to leverage some strategies that range from the way you advertise your property to the way you conduct your tenant screening. All these factors will affect the type of tenant you will attract to your property. However, note that you are not the only one with expectations.
Your tenants also have a lot of expectations from you. They deserve a landlord that understands his duties and responsibilities. In this article, you will learn of 4 core responsibilities of every landlord. Keep on reading to find out the duties and responsibility of a landlord:
1. Warranty of Habitability
As a landlord, it is your duty to provide a habitable unit for a tenant. What this means is that the rental unit you provide for your tenants must be fit to live in. Your rental unit also needs to be free from hazards or defects. Finally, it should be compliant with all state and local building and health codes
Should any part of your property damage and you refuse to repair it, a tenant can actually sue you. You need to ensure that your property remains habitable at all times. This is your number one responsibility as a landlord.
2. Crime and Safety
Are your tenants safe from crime? You should ensure that your property is safe. This can be done by providing sturdy locks on doors, installing security lights, installing cameras, and improving the overall safety of your property. While you are trying to prevent external crime, don’t forget to prevent internal crime. Make sure you conduct thorough background screening to avoid having tenants with a criminal record on your property.
3. Making Repairs
This is another responsibility of a landlord that you should take seriously. As a landlord, it is your best interest to make repairs as soon as a tenant reports it. Not making repairs as soon as possible can increase the cost of repairs and can even make your property uninhabitable or creates a safety hazard.
Neglecting to make necessary repairs has consequences. Your tenant can decide to keep part of your rent payment if you do not make repairs in a timely manner. Moreover, making repairs as soon as possible is a professional thing to do as a landlord.
4. Maintaining the Property
To ensure your property is always in top condition, you should schedule periodical maintenance occasionally. Tenants are more likely to take pride in a well-maintained property and won’t have any problem paying your fees. You can schedule periodic maintenance to address wear and tear problems and other problems before they turn into big problems.
Moreover, property maintenance will help you save a lot of money in repairs. Make it a habit to do repairs as soon as possible and your property will benefit from it.
