Hi there,
I would like to seek advice on tenants not paying for short term rent payment. What can I do to chase up the payment? The property manager has been calling the leasee to chase up for payment. The fully furnished property was leased to the company for 1 week in Dec 2012 but it still has not paid up. It is worth about $500 in rental. Any way to pursue it through insurance claim or just forget about based on that amount? As the house is now renting short term, I am just getting concerned such matter would be becoming a norm.
From an insurance point of view- even if you have "Rent default " , the rent need to have defaulted for more then x number of weeks ( standard is 4- but it differs insurer to insurer) before you can claim, as your bond should suffice.
Mick C | Shape Home Loans
http://www.shapehomeloans.com.au/
Email Me | Phone MeSame Banks. Better Rates. Served With a Passion.
Agree with Mick – it's probably too early to warrant a call to the insurance company.
Just make your the PM is being proactive and is following the processes applicable to rentals in your state.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
I am a little bit confused. Won't it required to pay a rent before moving in? How did it happen that tenants moved in without paying first?
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