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1. Protect Owner's Investment It is expected that at some point during tenancy, there will be damages caused to your property protection for your investment, we recommend requiring all tenants to obtain liability coverage of $100,000 to ensure that when an accident occurs such as the washer overflowing, a clogged toilet overflowing, or trampoline flying into a window; the obligation of the damages is covered by the tenant, and you as the owner are not stuck paying large expenses that are not your responsibility. 2. Protect Tenant's Investment W…

When considering to welcome tenants with pets, it’s important to think about the benefits and drawbacks first. Being a pet-friendly rental means putting in place some adjustments. If you decide to allow renters to bring in their pets, the pet policy should be reflected on your leasing agreement. You need to outline the terms and conditions as well. This article will talk about the pros and cons of allowing tenants with pets to occupy your rental unit. Benefits of Being a Pet-Friendly Rental Space While opening your doors to renters with pets ca…

With a well-crafted rental agreement and solid lease, landlords and tenants are guided with the responsibilities, terms and conditions, and procedures of the tenancy. It’s important to remember that each rental agreement will have a commonality and contain similar items that are expected to be found in the contract. Here are vital terms that must be present in your rental agreement to keep you and your tenants happy: 1. Names of all tenants It’s expected that all the names of the adults occupying your rental home are written down as tenants i…

Renting out a home can be incredibly rewarding in Ogden. You can use the extra passive source of income to boost your savings or pay down your mortgage. However, renting out a property can be more trouble than it’s worth if you fail to make certain appropriate considerations. In today’s article, you’re going to learn 6 tips on how to rent out your house in Ogden successfully while following the state's landlord-tenant law. 1. Know the Responsibilities That Come with Being a Landlord First and foremost, understand your landlording responsibil…

If you’re feeling in the dark over what laws you and your Utah tenants must follow, then you’ve come to the right place to learn about Utah landlord-tenant law! As we all know, being a landlord comes with the responsibility of having legally compliant rental units once the rental agreement is signed. However, Utah landlord-tenant laws are meant to protect the rights of both landlords and their tenants when it comes to their rental unit. It’s a two-way street, and knowing each side of the legal expectations will only benefit you in the long run.…