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Updated almost 5 years ago on . Most recent reply

User Stats

64
Posts
11
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Paul Z.
11
Votes |
64
Posts

New tenant lease terms in Coronavirus times

Paul Z.
Posted

Hi everyone :)

My jurisdiction sides with tenants, and forbid landlords from asking for any deposit except for last month's rent and a key deposit. (Although I think if tenants offer larger deposits, it is ok.) The recent eviction ban further reduces protection for landlords.

When getting a new tenant, would you negotiate for additional terms to protect yourselves financially? If so, what would you negotiate for? Or would you still do everything "by the book" and hope the tenant does not take advantage of you during this time?

Thanks!

Paul

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