WHY IT IS IMPORTANT NOT TO ALLOW ANYONE TO APPLY ON YOUR NAME

WHY IT IS IMPORTANT NOT TO ALLOW ANYONE TO APPLY ON YOUR NAME

Many potential tenants wants to rent a property for the first time. It creates a sense of being in today’s modern society. However, some tenants simply cannot qualify for a unit on their own and motivates other people to apply on their behalf. This in itself creates certain problems, which includes the following:

1. You can be held liable for outstanding rent;

2. You can be held responsible for damages caused by the residents;

3. You can be subject to Debt Collection, Attorneys and ITC blacklisting.

The above is but a few examples. Be wary of whom you are signing as guarantor and ensure that the property bills are paid on time. It might be a good idea to visit the property, should you sign as guarantor to ensure that no damages are caused.

Back to News

Latest News

Card image cap

Three major challenges estate agents face today – all demanding skill and perseverance

Right now, the big challenge encountered, particularly in high-density urban and suburban areas, is, firstly, to collect enough stock. In less than three years, the more popular areas have seen a remarkable swing from a stock oversupply to a stock shortage position. This is an exhausting process, which frequently entails also giving a property valuation- one of the many services for which agents

Card image cap

The best, and worst, time of the year to sell your house

With demand for properties on the rise in the post-lockdown period, you are likely to experience interest regardless of which time of year you choose to sell. That said, some seasons are still better than others. When is the best time to sell? Factors to consider: Interest rates Market conditions Location 1. Interest rates It helps to know whether interest rates are likely to go up or dow

Card image cap

The Other Side of Collections – An Honest Conversation

It is not always easy… but it is necessary. Dear Reader, Working in collections is not for the faint-hearted. Every day, we deal with conversations filled with emotion – people who are embarrassed, stressed, or even angry. Because debt brings pressure. And pressure often brings silence – people avoid, delay, withdraw. But here is the truth: non-payment has consequences. Se

National Realestate Logo.

Hello,

We are National Real Estate

Please choose your region:

NRE Developments