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As we’ve stressed several times throughout the course of this blog, here at Buildium we’re huge proponents of tenant screening. While some situations can’t be avoided and there’s always an exception to every rule, tenant screening is certainly one of the most sure-fire ways to guarantee that tenants with the most potential to be problematic never make it to move-in day. For basic information on tenant screening, we hope you’ll check out this ...
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If you have property that you rent, it is possible that the landlord insurance is the most vital investment among all that you make. Landlords insurance, if taken and chosen correctly, will fully cover your losses and damages if there are any. You yourself know how often people suffer from damages caused by fire, flood, or some minor damages caused by people and animals. Landlord insurance will protect you against this all and plus against ...
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The letter of intent (LOI) or proposal should include at the very least the following information. Premises Description of the space (building address, floor and suite #) and floor plan (attached as an exhibit). Number of rentable square feet in the Premises and the Building. Method of measuring the rentable square feet in the Premises. Term, Commencement Date and Rent Commencement Date Specify the term of the lease (e.g. 5 years ...
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