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Lease Management is an Essential Activity

signature business real estate paperwork lease agreement property management rental tenant owner landlordIt would be great if property management in San Diego required nothing more than a handshake and a verbal exchange. That is the way things were done in the past, but it is no longer possible. Landlords in San Diego know that every tenant must receive a lease, which defines what is expected of the tenant, how to pay rent, and the procedure for handling problems. The paperwork is especially important if a landlord has several apartments. Property management companies in San Diego understand that there is much more to the job than collecting rent and repairing broken windows. Lease management is an essential part of the service their clients receive.

Know the Nuances

A lease is a document that outlines responsibilities and obligations. Landlords understand this, but some are not aware of the nuances of a lease and that will lead to trouble.

A lease covers a set period and usually a rental lease is one year. The terms of that lease cannot be arbitrarily changed; it is in effect for the specified term. All parties who are living in the rental must sign the lease. This is a critical area that needs attention. For example, if a married couple is going to rent an apartment both must sign the lease. If only one signs, and that person later vacates the apartment, the remaining spouse might not be liable for the rent or lease requirements.

The lease must be compliant with California law and airtight. There are tenants who will dispute the lease and the document cannot have any inconsistencies that permit alternative interpretations. A landlord who ignores the language of the document may spend a fair amount of time in court.

A landlord needs to be careful about the lease used. Some landlords will try to use a lease that is valid in another state, copying something that a friend may have. It is a mistake to do that in California. The lease must be consistent with California law or else it is invalid. Not using the proper paperwork can open a can of worms that nobody wants to deal with.

 

Taking Things Seriously

Alta Vista Properties is serious about lease management. We will perform all maintenance duties specified in the document and respond to emergency calls ASAP. In return, we expect tenants to fulfill any obligations. The rent must be paid on time and repair work that needs to be done must be reported. Alta Vista Properties works to make compliance convenient.

Rent collection is not a problem with electronic transfers. Money is moved from a tenant’s bank account to a landlord’s bank account on a given date. There is no fear of late payments. We establish these electronic transfers as soon as possible with the new tenant. Cash flow is thereby not interrupted. We have a repair portal on our website that enables a tenant to report any damage quickly. We try to be transparent in all our dealings and we are fair with all the people who live in the rentals we manage. Tenants appreciate what we do.

We enforce the lease strictly. A tenant must understand that failure to abide by the lease may result in eviction. We have no problem beginning the eviction process if a tenant refuses to cooperate. Our lease is a document that will withstand any legal scrutiny. We have been a property management company in San Diego for close to 40 years. The lease language we use is airtight.

Our clients have a long-term relationship with us and it is due to the services we provide, including information about housing rules and regulations. Please do inquire at any time about our property management services. We can be reached at 858-274-3600 or by email at info@altavistaproperties.net. We look forward to hearing from you and answering your questions.

 

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Posted by: chelsea on April 24, 2019
Posted in: Utilities