Avoiding Risk When Entering Into Lease Agreements.
Minor repairs and maintenance are the tenants responsibility per section 26 page 6 of your lease agreement. This would include but not limited to light-bulb replacement, air filter replacement, water filter replacement, etc. MAINTENANCE: TENANT shall keep the Premises in a clean and good condition. TENANT shall immediately report to the LANDLORD any defect or […]
Make a One-Time Payment or Set Up a Recurring Payment in the Tenant Online Portal The following is how a tenant or homeowner submits a one-time payment or sets up an auto payment in their Online Portal. On the Home tab you can view your current balance and details of current and future charges broken down by month. […]
Las Vegas Condo Leasing Requirements Allure Executed Lease Agreement -Yes HOA Packet -Yes Owners Intent To Lease Document -N/A Background/Credit Check Report -Yes Copy of I.D. – Yes Renters Insurance – Min $250K General Liability Required Additional Insured Requirements -N/A Common Area Deposit – Equal To One Months Rent Additional Refundable move deposits -$1000 Additional HOA Docs – N/A Building Pet Deposit – N/A Board Approval […]
Some buildings have excessive tenant approval timelines, non-refundable building deposits, and exorbitant pet policies and restrictions; all of which directly impact the ability to find tenants and can be adverse to your investment. For example, Turnberry Place Tower Three charges a $2,500 deposit, $500 of which is non-refundable regardless of damage. Tenants are opposed to paying this, […]
Source: NRS: CHAPTER 118A – LANDLORD AND TENANT: DWELLINGS OBLIGATIONS OF TENANT NRS 118A.310 Basic obligations. A tenant shall, as basic obligations under this chapter: 1. Comply with the terms of the rental agreement; 2. Keep that part of the premises which is occupied and used as clean and safe as the condition of the premises […]