There is a lot of advice for landlords about choosing good tenants, but if you are on the other side of things, you may wonder if there is advice for choosing a good landlord in North Carolina. After all, the landlord of a property really has an effect on your overall living situation.
Whether you're a renter or the owner of a property, it's important to know who is responsible for what in a leasing situation. While tenants are beholden to the terms contained within the lease, landlords also have quite a few obligations according to the law. In this case, the North Carolina Consumers Council offers the following information.
It may go without saying that a landlord can become frustrated when their tenants in Raleigh fail to pay them the rent. Multiple missed payments may prompt them to take action either to enforce their rental agreement or commence eviction proceedings. Such situations can understandably become contentious, which is why state and local officials establish very clear guidelines on how landlord-tenant matters are to be resolved. Unfortunately, there may be times when one (or both) parties to a rental agreement refuse to follow such regulations.
With winter fast approaching, many in Raleigh are currently ensuring that HVAC systems in their homes are capable of keeping them warm when called upon. When you live in a rental property, that responsibility falls on your landlord. The trouble is that the definition of "comfortable conditions" during the winter months can differ from person-to-person. Given the cost that it takes to keep a structure heated, your landlord may be tempted to only do what they think is minimally necessary to keep you relatively comfortable. This line of thinking has led many tenants to come to us here at the Triangle Law Group complaining that their landlords do not care that they are cold.
Subleasing is a situation where a person renting or leasing commercial property rents all or a portion of the space to a third party. This situation can be quite complex, and issues can easily arise when the right information isn't made available. TheBalance.com goes over a few important details when it comes to subleasing so landlords and tenants remain protected.
When landlords and tenants enter into a contractual agreement in North Carolina, they often arrange a security deposit in an agreed-upon amount that will be returned to the renters at the close of the contract if certain terms and conditions are met. A tenant's failure to uphold their end of the deal could mean the landlord is able to keep the deposited amount to help in righting whatever wrongs the tenant committed.
As a landlord in Raleigh, you know that finding a quality tenant can be tough. While most renters are invested in keeping the property neat, following the law, and making sure rent is paid on time, others may flout rules and regulations on a regular basis. As explained by TheBalance.com, the following are a few signs to look out for that could signal a problem tenant.
When you rent a home or apartment in North Carolina, you expect it to be and remain in safe and habitable condition. You also expect your landlord to fix any problems that arise with the furnace, air conditioner, plumbing, wiring or appliances. But do you have the right to withhold rent if your landlord refuses to make the needed repairs or makes inadequate repairs?
People who rent their home, townhome, condo or apartment dwelling in North Carolina know that they are not amassing equity in a residence or property but they do get to enjoy a level of freedom when it comes to having primary responsibility for maintaining a property. For some, the ability to make a quick phone call and have a problem fixed without receiving a bill is more than enough benefit to warrant renting versus buying.
You have recently invested in a rental property with plans to accumulate more in North Carolina. Your next step is finding tenants to live in the property so you can enjoy the financial profits. Doing your research and holding your renters to a high standard will help guarantee that your property remains in livable conditions. However, if you do not put any guidelines in place, you could be left to foot the bill when costly repairs and consequences need to be taken care of.