To protect your business you may decide that,, even though the tenant originally qualified, you need to evaluate the tenant’s potential future financial risk. A tenant who qualified under your rental standards a year ago may have had a change in circumstances that may not meet your current qualification criteria. Be sure you understand current […]

You will need to take documented, formal enforcement of your lease terms and conditions.  A warning notice, oral or written, may be appropriate for a tenant’s first time violation of a lease term or condition that is not a material default of the lease or a potential threat to neighbors or property. While a tenant […]

Difficult to predict in timing, severity, and duration, a natural disaster can cause major damage to, even destruction of a landlord’s real property. The damage and destruction to a property can cause business interruption to and even failure of the business. A landlord should be prepared with contingency plans to address a natural disaster situation […]

Property damage and noise disturbances are the most frequently cited problems in renting to college students. Damage including excessive wear and tear to the property can result from having multiple occupants in the unit and frequent visitors to the property. Property damage can also occur if tenants ignore maintenance issues which could cause major damage […]

Your tenant screenings are priority risk management measures for all rental markets and demographic populations. While some student renters may have limited history in credit, employment, or independent housing, standard tenant screenings should always be conducted. No assumptions should be made regarding an applicant’s history or qualifications. Without screenings you cannot make an informed decision […]

There are some common risk management practices that can help protect your business. You may you need to add or modify rental practices to better support your individual business. Many students are first-time renters and have little to no experience in an independent living arrangement. As the landlord you may need to be more actively […]

Due diligence in evaluating the business risk of a rental applicant requires the use of tenant screening as a core practice in business risk management policy. Tenant screening assesses the applicant’s potential future risk of material default of lease terms and conditions that would result in financial loss to the landlord if the applicant were […]

As warranted by a tenant’s material default of the tenant’s duties and responsibilities under the lease terms and conditions, it may become business necessity for a landlord to take legal action to physically remove the tenant and the tenant’s personal property from the rental unit. A Lawful Eviction Process is required To legally re-gain possession […]

Due diligence is critical to an informed, quality hiring decision. Social media background screening may be conducted to provide an employer with additional information to evaluate a job candidate’s qualifications for employment. Traditional employment background screenings generally provide verifications of the candidate’s identity, employment history, education, trainings, licensure, and demonstrated work skills, as well as […]

Landlords with rental properties in areas that are at risk for hurricanes, flooding, and storm surges must take certain precautions to protect their properties and ensure tenant safety during storm season. Landlords can help protect the safety of their tenants and reduce damage to their properties by providing tenants with information to resources that address […]