What Are the Benefits of Renting From an Agent Landlord?
Instead of renting a property directly from a landlord who owns a property, you can sometimes rent from his agent instead. Renting from an agent has several advantages. The agent may have extensive experience in rental management, which can make your tenancy go more smoothly.
Legal Issues
Rental laws are complex and extensive. They also vary from location to location and change over time. A landlord may not be aware of all the rental laws that apply to his property. In contrast, an agent deals with rental laws on a daily basis and probably keeps up with any changes. An agent knows that violating your rights as a renter could result in legal problems and likely won't risk making himself and the landlord vulnerable to a lawsuit.
Documentation
A property rental agent prepares the proper documents as required by your local laws and regulations. These include lease contracts, deposit forms, and move-in and move-out inspection reports. Such documents protect both the landlord and the renter. They set clear terms and conditions, and minimize misunderstandings. You can easily refer to these documents to determine whether an action by you or your landlord is acceptable and what the consequences would be if you or your landlord violate a lease term.
Repairs and Maintenance
A landlord may not know how to conduct repairs and maintenance. Even if he does, his personal schedule may not allow him to quickly respond. In contrast, a rental agent carries out such work regularly and can promptly arrange for repairs. A rental agent may also conduct routine checks on the property to ensure that it is up to the standards set by your local government.
Network
Through his experience in managing rental properties, a rental agent usually knows reliable professionals who can make your home more comfortable. These include painters, electricians, roofers, carpenters, appliance repairmen and landscapers. If you happen to damage the rental property before moving out and have to pay for the repair from your security deposit, your rental agent may be able to arrange for those repairs for less than you could yourself.
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