Crime and criminal acts by tenants is a growing problem for landlords. Meth labs, distribution of drugs, and other unsavory activities cause damage and can create a myriad of problems for a landlord or property manager.
One of the full-time property managers in our brokerage, Martha Zabala, gave me a copy of an addendum she uses with her rental agreements. Martha has a reputation for being a tough, yet fair property manager who likes to cross all the "t's" and dot all the "i's". Thus, it comes as no surprise she is ahead of the curve on a problem that is likely to get worse until the economy heals a bit.
Martha says this document has helped execute quick evictions on tenants who violate its conditions and makes those who have evil plans think twice before renting your property.
Below is a link to the "Crime Free Addendum to the Rental Agreement" she uses. You'll want to run it by your attorney to adjust it to conform with laws and code in your state and city. This particular document was drawn up for use in Arizona and the language and references are those of Arizona.
Download CRIME FREE ADDENDUM TQ RENTAL AGREEMENT.doc (19.5K)We hope this information helps keep your real estate investments safe and happy.
Ron Urban & Gene Urban
The Urban Team at Realty Executives
602-234-5777
