Sentences with phrase «landlord takes on the risk»

Not exact matches

Taking along a friend while you're meeting with a prospective landlord will significantly lower the risk of discrimination and provide you with a witness to anything your landlord says and later reneges on.

Options were few — after all, as anyone whose business involves pets knows, landlords are often hesitant to take on the risk, noise and other things that can come with the nature of this business.

Compounding the risk for landlords under s. 57 is that if, within one year after the tenant vacates the rental unit, the designated person fails to occupy the rental unit within a reasonable period of time and the landlord lists the rental unit for rent; or enters into a tenancy agreement with another person; or advertises the rental unit or the building that contains the rental unit for sale; or demolishes the rental unit or the building containing the rental unit; or «takes any step to convert the rental unit or the building containing the rental unit» to a use other than residential premises; then, the landlord is «presumed, unless the contrary is proven on a balance of probabilities,» to have acted in bad faith in giving the notice and is therefore liable to the penalties provided for in s. 57 (3).

A landlord also takes on increased liability risks, due to the activities of both tenants and guests on the rental property.

Landlords often take on additional risks when they agree to open their properties to tenants and their guests.

Just as landlords take risks on their tenants, tenants take risks on their landlords.

Many more landlords are now placing this requirement on their tenants because they understand what risks are being taken by the renters when they aren't covered with proper policies.

Just like the landlord takes a risk on tenants, tenants take a risk when renting a home that they know nothing about.

Landlord promises to take a risk on tenant, Cosigner promises to take the fall if landlord Landlord promises to take a risk on tenant, Cosigner promises to take the fall if landlord landlord does so.

The cosigner is promising that the landlord can trust the tenant and asks the landlord to take a risk on the tenant, and promises that if he does and the tenant defaults, he will pay the debt.

Moms and dads now having to take on the role of property manager may not be prepared for the risks even seasoned landlords need to manage frequently; tenants that won't pay rent and refuse to vacate, serial trouble tenants that tie up landlords with appeals, complex collection laws that delay enforcement and a Landlords and Tenant Tribunal favouring tenants over rental property owners because the courts perceive landlords as big business owners with deep pocketlandlords need to manage frequently; tenants that won't pay rent and refuse to vacate, serial trouble tenants that tie up landlords with appeals, complex collection laws that delay enforcement and a Landlords and Tenant Tribunal favouring tenants over rental property owners because the courts perceive landlords as big business owners with deep pocketlandlords with appeals, complex collection laws that delay enforcement and a Landlords and Tenant Tribunal favouring tenants over rental property owners because the courts perceive landlords as big business owners with deep pocketLandlords and Tenant Tribunal favouring tenants over rental property owners because the courts perceive landlords as big business owners with deep pocketlandlords as big business owners with deep pockets.»

Set high standards for your business, run it like a professional business, follow the low, and you'll mitigate most of the unnecessary issues landlords / risk taking gamblers on this site encounter.

In addition, landlords, developers and lenders appear willing to take on a bit more leasing risk on new projects.

The more properties a landlord manages, the more risk he can take on as the level of risk is divided by the number of properties in the portfolio.

I'm an experienced rehabber and landlord and that half of me doesn't want to take the risk when I have a system that works and I'm still finding deals and the other half of me wants to see what I may be missing out on.

I know when we were looking for rentals (private landlords only), they refused to allow us to have roommates due to the unrelated tenants law, as they were unwilling to take on that risk.