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A Landlord’s Delimma, A Tennants
Woe
Bandar Seri
Begawan - Even though we are aware that overwhelmingly most
tenants pay the rent and look after the property well, it only has to
be one bad tenant to turn a landlord life upside down. We have all
heard the story.
You know, the one about the
unreasonable landlord who refuses to return the security deposit just
because there were few dirty' spots left behind on the property. We
can't argue that there are unreasonable and unfair landlords. But
there also are tenants who reportedly failed to pay their rents and
are playing cat and mouse with their landlords.
For so long the reputation for
ruthlessness has always lay on the side of the landlords but the RTR
Consumer Unit discovered that a landlord's loss could be greater.
Nowadays, with the ever-increasing
number of new houses and commercial buildings on its way, it is
believed that property in Brunei has slipped to its worst level. In
this case, the market favours the tenants, simply because there are
too many houses and shops for sale or rent. So, the prices drop
automatically.
The supply is more, and the demand is
less. Hence, most landlords operate in a very competitive environment
where they need to make their offerings as appealing as possible to
entice tenants.
And with more and more reported cases
on unscrupulous tenant, the RTB Consumer Unit advises landlords to be
cautious. The trick for those unscrupulous tenants would initially
comply with the rental agreement by paying the deposit and making
monthly rental payments.
However, a few months later, the
rental payment would stop and various excuses would come flooding in.
Excuses such as people, owing them money, redundancy, issuing bounce
cheques which would eventually accumulate into not only months of
overdue rental but also in utility costs including water and
electricity not being paid. The tenant might then move on to another
property causing the same distress to another unlucky landlord.
It depends on the nature of their
tenancy agreement, but usually there is an express clause concerning
payment of rent. In any event, such a clause would be an implied one.
This means if a tenant fails to pay
rent, the landlord is usually entitled to end the tenancy agreement as
well to seek possession of their premises.
It is advisable for landlords to
avoid such common distress brought upon by unscrupulous tenants by
performing background checks on prospective tenants, vetting a
testimonial from their previous landlords besides getting a credit
check.
Obviously, not all tenants are bad
and not all landlords are good. There must be a sizeable number of
good people in both categories, or no one would be renting anything
from anyone.
Notwithstanding your best efforts,
any relationship can go sour. If, however, you do proper planning and
keep lines of communication open, you will greatly lessen the
likelihood of an unpleasant rental experience.
-- Courtesy of
Borneo Bulletin
Brudirect.com
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