A rental property can be an incredibly profitable venture. However, the profitability of a rental investment will greatly depend on its condition.
Keeping your rental property in good condition will not only help you attract more prospective tenants but will also increase the value of your investment. That’s why keeping on top of your maintenance responsibilities is so crucial.
In this comprehensive guide, the experts at TXC Realty will go over the responsibilities of landlords and tenants regarding maintenance. We’ll also go over our best tips and tricks for maintaining a rental property.
Keep reading to learn how to keep your rental investment in good shape more efficiently!
What Are a Landlord’s Property Maintenance Responsibilities?
Landlord-tenant laws require property owners to keep their rental units clean, safe, and sanitary. The specific requirements differ greatly depending on the state the property is located. However, the most basic tasks landlords are responsible for include the following:
Following Safety and Building Codes
Landlords are required to provide a safe and sanitary environment for their tenants. This includes ensuring that the property is structurally sound and there’s no presence of health hazards such as mold, asbestos, lead paint, or pest infestations.
Additionally, landlords should ensure that the property has running water, functioning electrical systems, working smoke and carbon monoxide detectors, and sturdy locks to keep tenants safe.
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