COVID-19 landlord must-know questions and answers

All the questions and answers for landlords to ensure their property is being managed successfully amongst COVID-19.

1. DO YOU KNOW IF YOUR TENANT HAS BEEN, OR IS LIKELY TO BE, IMPACTED IN ANY WAY BY THE CURRENT CRISIS?

2. ARE YOU LOOKING FOR A NEW TENANT BUT NOT SURE OF THE NEW VIEWING GUIDELINES OR WHAT NEW TECHNOLOGIES YOUR PROPERTY MANAGER IS USING TO FIND THE RIGHT TENANT FAST?

3. HAS YOUR PROPERTY MANAGER KEPT YOU UP TO DATE WITH A CONSTANT FLOW OF RELEVANT INFORMATION ON CHANGING LEGISLATION AND YOUR RIGHTS AND RESPONSIBILITIES AS A LANDLORD?

4. HAVE YOU BEEN ASKED TO NEGOTIATE THE RENT WITH YOUR TENANT, AND HAS YOUR PROPERTY MANAGER EXPLAINED TO YOU HOW THEY ARE ENSURING THE LEGITIMACY OF THE REQUEST BEFORE COMING TO YOU?

5. HAS YOUR PROPERTY MANAGER EXPLAINED TO YOU THE CORRECT PROCESS FOR NEGOTIATING YOUR RENT THAT DOESN’T RISK VOIDING YOUR LANDLORD INSURANCE?

6. DO YOU KNOW WHAT YOUR TENANTS’ PAYMENT OBLIGATIONS ARE TO YOU IF YOU HAVE NEGOTIATED A RENT REDUCTION?

7. DO YOU KNOW YOUR LANDLORD INSURER’S POLICY IN REGARDS TO COVID-19?