Top Tips Every Landlord Needs To Know
Heres a concrete list of the top 5 things every landlord needs to keep in mind when interviewing prospective tenants
. When selecting your tenant, keep these in mind.
It is illegal to discriminate.
Federal and state anti-discrimination statutes limit what you can say and do in the tenant rental process. You can't refuse someone your apartment house purely because of their ethnic group. If using a real estate agent to list your rental, you can't tell them that you will not rent out to a particular ethnic group.
Ask for Recent Employment information, References, and proof of Credit Score. Landlords can easily run a credit check of potential tenants on the internet for a minimal fee. Additionally, you can and should call up the tenant's references, particularly previous landlords. You should also corroborate an applicant's job history, salary, and bank savings account information. In case the landlord tenant bond goes bitter and you need to hire an
eviction new york attorney, you will need the tenants employment information to garnish their salary so you can collect back rent. Be constant in your screening. Make it your rule, for example, to at all times insist on credit reports; don't just get a credit report for a single father or individuals of a specific nationality.
Make decisions based on the fact that you are running a business. You are lawfully free to select among probable tenants as long as your decisions are based on legal business criteria. Don't make choices based on personal reasons. You are free to reject applicants with deficient credit histories, take-home pay that you reasonably view as insufficient to pay the rent, or previous deeds -- such as property damage or regular overdue rent payments -- that makes them a bad risk. It goes without saying that you can lawfully decline to rent to someone who can't come up with the security deposit, who has pets, or who neglect to meet some other precondition of the occupancy.
Be knowledgeable of landlord tenant laws in your neighborhood. Fair housing statutes in particular detail clearly illegal reasons to refuse to rent to a tenant. The Federal Fair Housing Act prohibits discrimination on the basis of ethnic group, religion, national origin, gender, age, domestic status, physical or mental disability (including recovering alcoholics and people with a past drug addiction). Countless states and cities also disallow discrimination based on matrimonial status or sexual orientation. In addition, a number of city laws disallow landlords from collecting rental fees until they possess a legal apartment, i.e. have a town or county issued record authorizing a two family residence or an accessory apartment. A
landlord tenant new york lawyer can help enlighten you of the statutes applicable in your region.
Instruct those helping you to rent so that they comprehend the rules, too. Everybody who deals with probable renters must follow fair housing statutes. This includes owners, landlords, children of landlords, managers and real estate agents, and all of their employees. As the property owner, you may possibly be held lawfully liable for your family's prejudiced statements or behavior, including sexual harassment.
Be consistent. Consistency is critical when dealing with potential tenants. If you don't handle all tenants more or less the same -- for instance, if you randomly set different standards when renting to members of a racial minority -- you are violating federal statutes and opening yourself up to civil suits. And if you give one person a break (such as lowering the rental deposit for a unmarried mother but not for other tenants), you'll also chance an allegation of favoritism from other renters.
Desire to find out more? There's a lot more to finding and selecting excellent tenants. You should contact a
ny tenant landlord lawyer for a complimentary discussion about the laws relevant in your neighborhood.
by: newyorklandlordtenant
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