When rent is unpaid, Housing Providers can be uncertain about the appropriate steps to take within the bounds of US law. Luckily, there are lawful routes for Landlords and Property Managers to reclaim unpaid rent, and one such avenue involves a rent collection agency.
The Benefits of Rent Reporting for Housing Providers and Renters Building Credit Together Facebook Twitter Linkedin Link Rent Reporting benefits both parties involved in the leasing agreement. For Housing Providers, it enhances their ability to screen applicants and reduces delinquencies. For Renters, it offers an opportunity to improve their credit score and financial standing. Table …
Most Landlords and Housing Providers use standard lease agreements for their properties. These leases can be dictated by local laws, but often include similar provisions. In many cases, the lessee or Tenant is responsible for paying rent and utilities, maintaining the property, and following any other rules set forth in the lease agreement.