Landlord insurance insures the entire property. It is a policy that has been designed to protect the property from financial losses. In case the landlord has let out the property and incurred damages, the landlord insurance will take care of the damage repair. This type of insurance is not legally required, but it gives a lot of peace of mind.More...

Landlord Collecting Rents In Foreclosure

Foreclosure is a situation where a house owner has not met with the terms and conditions of the mortgage. They have missed payments and as a result the mortgage or lender has decided to seize the house. This is called foreclosure where a mortgage lender is telling the home owner that the loan account will be foreclosed and the house is going to be auctioned by the court.More...

A Sample Letter To A Tenant For Raising Rent

Owning a house and renting it out has to be done in the right way. When you draft a rental agreement you have to mention the terms of the contract clearly. Tomorrow, if you find something wrong and want to change it, then it will not be possible. That is why the rental agreement should be a perfectly drafted document.More...

Cease And Desist Letter For Tenant From Landlord

A cease and desist letter is a legal document obtained form the court to stop debtors or any kind of collection people to stop calling you or contacting you. In such a case, the debtor is allowed one last time to contact you beyond which they are ordered complete restraint from you.More...

How Do I Notify Tenant That I Am Raising The Rent?

A landlord, who is intending to increase the rent, should always have a written communication with the tenant. They cannot have a verbal agreement as it may not stand legally when required. A landlord should preferably draft a new agreement with new rent stated on the agreement, and have it signed mutually with the tenant. This is the best and the safest way to increase the rent, and bring the increase into effect.More...

Release Of Liability For Landlord

Once you own property then start expecting the unexpected. There is someone or the other always trying to get the better of you. There are several ways using which they can make you pay unnecessarily. Even a small slip or a fall may cost you dearly.More...

Tenant Credit Check

A stitch in time saves nine is an old proverb; and is very true in its meaning. As a landlord, if you do a credit check and a credibility check of your prospective tenant before you rent out your property, it could save you a lot of headaches in the future. A tenant credit check is a must against all odds.More...