Non-payment of rent insurance requirements
Obtaining a fixed and constant income is one of the main benefits of renting an apartment safely , but when is it considered a safe rental? That is to say, one of the great concerns of owners is that problems may arise with the rent, the tenant themselves or with the home. These conflicts can be a real headache for the owner of the property, for this reason, it is best to have rent non-payment insurance. From Housfy, you can count on the best experts to manage your rental and ensure payment of monthly payments on the 15th of each month. Don’t wait any longer, start now! Rent your apartment and forget about worries 0% late payment. We take charge if the tenant does not pay. The relationship between them goes further and persists for the duration of the lease.
What coverage does non-payment of rent insurance have?
The coverages that can be included in the non-payment insurance of a rented home refer to the container and, often, also to the contents of the property. But, you can choose the coverage that best suits you , depending on your needs. Below, we leave you a list of Belarus Email List the most common ones: Ensure the collection of rental payments. Defects and damages to the contents of the property such as furniture and its conservation. Vandalism acts. Locksmith and lock costs. Maintenance of the rented property. Filter when choosing a good tenant. Legal defense coverage for possible eviction. Claims for violations of legal regulations. Claims against the community of owners. Telephone legal assistance. We mention the following requirements: The tenant cannot be on any delinquency record . Economic solvency study . That the tenant has an employment contract . That there is a rental contract . The total rental amount in a year must be below 45% of the tenant’s annual income. The rented property must have its corresponding certificate of habitability , guaranteeing the habitability conditions.
What documentation do I need?
Once you have approved all the requirements, you must present the documents requested by the insurer to correctly carry out the rental non-payment insurance. However, the same documentation does not apply in all cases, since it varies depending on who contracts the insurance: Salaried employees: they need to provide the last two payslips and an employment contract USA Email List or working life only in the event that the worker’s seniority does not appear on the payslips or is less than 6 months. Self-employed: they must have the latest income tax declaration and the latest quarterly declarations of the installment payment of personal income tax. Retirees: deliver the certificate issued by Social Security, which certifies the status of the beneficiary of a benefit, indicating the monthly or annual amount received. Recommended reading: Why hire a home rental management company?