select
|

Good maintenance attracts quality tenants

All landlords know that the more you have to spend on maintenance and repairs, the less profit you make on your rental property.
 
“But this concern always needs to be weighed against the fact that a dirty, run-down property will not attract or keep good tenants,” says Andrew Schaefer, MD of leading national property management company Trafalgar.
 
“Generally speaking, it is much more expensive to have a property standing empty than to maintain it, attend to any repairs that may be needed and get expert help from a reputable managing agent to select good tenants that will take good care of your asset.”
 
The Rental Housing Act, he says, also provides for the landlord to maintain any property that is rented out both internally and externally, although it does also say that the landlord and tenant can make a different arrangement. “In this case, however, your lease agreement will need to spell out exactly who is responsible for what maintenance.
 
“And in all cases, it is very important to correctly manage expectations from the outset. Tenants need to understand, for example, that the landlord’s responsibility is to hand over the property in a ‘habitable’ or ‘fit for purpose’ condition – which means that it should be safe to occupy, clean and neat and that everything such as lights and taps should be in working order.
 
“It does not mean that the landlord is responsible for cleaning the property while the tenants are in occupation, or for mowing the lawn and maintaining the pool.
 
Meanwhile, Schaefer says, landlords need to understand that they are responsible for fixing any problem related to “fair wear and tear” – that is, damage resulting from the everyday use of an item or from age or exposure to the weather – even when it is the tenant that has the use of the item. Good examples are door handles and locks, gate motors, pool pumps and geysers.
 
“What is more, the repair or replacement of such items needs to be attended to as soon as possible, while things that are more a matter of aesthetics, such as repainting the property, can be done at a later date by arrangement with the tenants.”
 
If the property is in a sectional title complex, he notes, some exterior maintenance items, such as waterproofing or garden upkeep, may be the responsibility of the body corporate rather than the individual landlord, and this will then also need to be spelled out in the lease.
 
“And finally, there should be no room for doubt or dispute that any damages that are beyond fair wear and tear or have been deliberately caused will be the responsibility of the tenants – or that they may forfeit their deposit if they move out without making the necessary repairs. This is where the importance of detailed ingoing and outgoing inspection reports will become especially evident, and once again prove the value of working with an experienced and thorough managing agent.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 24 Nov 2017
      Demand for secure estate living in Hout Bay has risen sharply in recent years, precipitating a spike in development with estate homes now accounting for 20.24% of the property landscape with the launch of an exclusive new gated development on 26 November adding 20 more units to the existing 1250 estate homes.
    • 24 Nov 2017
      There are some things that money can’t buy – spectacular views from Mouille Point to the V&A Waterfront and a trendy and lively neighbourhood that encapsulates the very best of the Cape Town lifestyle.
    • 24 Nov 2017
      Tshwane’s four-bedroom Mayoral mansion, nestled among ambassadorial residences in the upmarket suburb of Muckleneuk, fetched R5.1 million after spirited bidding at High Street Auctions’ final sale of the year.
    • 23 Nov 2017
      Reserve Bank Governor, Lesetja Kganyago, said that the Monetary Policy Committee had once again decided to let the interest rates remain unchanged with the repo rate at 6.75%, and the prime lending rate at 10.25%.
    • 23 Nov 2017
      As the holiday season approaches, most of us are counting the days until that year-end bonus hits our account. There’s nothing quite like a little bank balance booster to get us in the holiday spirit.
    • 23 Nov 2017
      The Adelphi Centre (now entitled “ARTEM") in Sea Point, Cape Town, is being extensively renovated, and once complete will offer an ultra-luxurious galleria style shopping centre unlike any other seen on the Atlantic Seaboard or in Cape Town.
    • 23 Nov 2017
      If you are looking to sell your home in today’s real estate market, there are certain things that you need to include both inside and outside your house. Today’s generation of home buyers is looking toward a more eco-friendly, energy and water conscious home, and if your house stands out then you are more likely to be able to sell it.
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK