HOW TO
HANDLE THE TENANT FROM HELL
Source:
Business Week Archive
America’s private Landlords, many of whom venture into real
estate in pursuit of fat rent checks. But they often
fail to plan for nightmare tenants—from raucous partyers and
wife-beaters to drug dealers and scam artists trying to live
rent-free. The key, Landlords agree, is to avoid problem
tenants from the beginning-but always without discriminating
against fully qualified, would-be renters.
Even if it goes against all of your laid-back instincts, work
according to the book. Forget about any oral promises: they
will fall flat if you ever have a disagreement.
Instead, establish impeccable documentation, including the
rental application, the lease or rental agreement, termination
notice, and an itemization of security deposits.
If you ever land in court—and assume that you will—the papers
will support you.
From the first moment, be consistent. This means
treating all applicants in the same manner, regardless of age,
sex, race, religion or physical handicap. Never steer
tenants to a particular unit because of their age, gender, or
family status. Many Landlords now require prospective
tenants to show ID cards. But remember, you may be
violating the law of you require an ID from one candidate and
not another.