All you need to do to be eligible for RENTSURE® Property & Income Protection for Landlords is:
What do I need to do ?
- Select your tenants carefully and obtain a reference
(either written or oral). - Collect at least 2 weeks bond and 1 weeks rent in advance
(or any other combination totaling 3 weeks). - Complete property inspections at least 6 monthly. (Inspections required every 3 months for ‘Unlawful Substances’ (P Lab) claims.
- Send a letter to the tenants when rent is 14 days in arrears.
- Make application to the Tenancy Tribunal for vacant possession at 21 days in arrears (in accordance with the Residential Tenancies Act).
- Have a current house insurance (and contents where applicable) policy covering the property insured.
It’s that simple!
In fact if you are currently using a Professional Property Manager, then you will probably find these items are already being taken care of for you.