What To Do If Someone Passes Away On Your Rental Property


Someone Passes Away On Your Rental Property

&NewLine;<p>When it comes to rental ownership&comma; learning how to mitigate risk and absolve damage is critical to running a successful property&period; However&comma; sometimes tragedy strikes&comma; regardless of how prepared you are&period; Though disheartening&comma; tenants occasionally die in rental properties&comma; and it’s up to a responsible landlord to properly and delicately navigate a difficult situation&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Between local regulations&comma; law enforcement&comma; and remaining family&comma; treating a tenet’s passing with the utmost care is essential&period; Plus&comma; depending on the circumstances surrounding the incident&comma; landlords may need to invest in <a href&equals;"https&colon;&sol;&sol;www&period;crimescenecleaning&period;co&sol;">professional homicide cleanup<&sol;a> before opening the property to new tenants&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Keep reading for a few tips on handling a tenant passing away on your property&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Ask for a written death notification<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Landlords usually learn about tenant deaths through a representative or a loved one&period; Regardless of how you became aware of the tragedy&comma; you&&num;8217&semi;ll want a written notice so you can move forward with critical steps and settle any financial hurdles&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>However&comma; if you find the body on your rental property&comma; immediately call the police&period; The authorities will contact the family and help you get the necessary paperwork&period; Additionally&comma; if you <a href&equals;"https&colon;&sol;&sol;www&period;forbes&period;com&sol;sites&sol;forbesrealestatecouncil&sol;2019&sol;11&sol;13&sol;the-five-laws-every-landlord-should-know&sol;">have an attorney<&sol;a>&comma; alert them of the situation&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Close the property<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>One of the most essential details when navigating a death on your rental property is keeping the doors and windows locked at all times&period; If you need to restrict or gain access&comma; consider <a href&equals;"https&colon;&sol;&sol;backstageviral&period;com&sol;5-tips-for-choosing-locksmith-services-online&sol;">hiring a locksmith<&sol;a> to help change the locks&period; Additionally&comma; if the tenant has pets&comma; notify your local animal shelter or remaining family members to ensure they receive proper care&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>When walking through the property&comma; try not to disturb any belongings to ensure authorities have a clean slate&comma; taking a witness or recording details each time you enter&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Handle the lease<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>After the tenant dies&comma; their responsibilities move to the next of kin or the tenant&&num;8217&semi;s estate&period; Generally&comma; the lease continues after death&comma; meaning a loved one must take appropriate steps to cancel the contract&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The state may allow you to request unpaid rent for the outstanding lease term&comma; but many landlords end the lease and allow the family to grieve without worrying about monthly rental payments&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Set a time to remove the belongings<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Landlords cannot remove the tenant&&num;8217&semi;s belongings without approval from the family or the <a href&equals;"https&colon;&sol;&sol;backstageviral&period;com&sol;when-is-the-best-time-to-write-a-will&sol;">executor of the will<&sol;a>&period; A compassionate landlord works with the family to arrange a time&comma; usually between two to four weeks after the death&period; Though up to each individual case&comma; landlords can hold the family responsible for rent payments while the belongings are in the unit&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>If the tenant doesn’t have remaining family members&comma; state laws dictate how to remove abandoned property after a tenant&&num;8217&semi;s death&period; Often&comma; the regulations involve storing the property for a set period&comma; then selling the property at an auction&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Obtain releases from next of kin<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>After the property is emptied and cleaned&comma; the next step is requesting releases from the tenant&&num;8217&semi;s family&period; After you receive the go-ahead from the family in writing&comma; you can re-rent the property&period; States and local government websites have release forms readily available&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Take care of the security deposit<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>The tenant&&num;8217&semi;s security deposit can cover damages&comma; cleaning costs&comma; unpaid rent&comma; and utilities&period; You should send any remaining money to the family or executor along with a list of expenses taken from the security deposit&period; If the costs exceed the security deposit&comma; you can ask the family or executor to cover the balance&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Wrap up<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Knowing what to do if a tragedy occurs in your rental property can protect you from legal complications and reduce your overhead expenses&period; Landlords need to walk a fine line between being compassionate and professional as they show respect to the next of kin while protecting their property&period;&nbsp&semi;<&sol;p>&NewLine;

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