Should we get a lease that covers maintenance or will that put renters off?

Hannimal

The poster doesn't know the difference between renting and letting, yet has tenants and wants them to pay for maintenance. Why on earth do some landlords insist on messing their tenants over is beyond me. 

GS..

Just a none refundable deposit to cover maintainance

davidmcn said:

GS.. said:

I heard of some leases that retain the deposit to help towards maintainance 

How, exactly? You can't charge the tenants for wear and tear. 

HampshireH

GS.. said:

Just a none refundable deposit to cover maintainance

davidmcn said:

GS.. said:

I heard of some leases that retain the deposit to help towards maintainance 

How, exactly? You can't charge the tenants for wear and tear. 

Define your version of maintenance as your version appears to be very diffetent to everyone elses.

I  dont know anyone who would rent from you and hand over a non refundable deposit.

You want to be a landlord then you have landlord obligations. Maintenance is one of them

Falafels

Unfortunately, as the landlord, maintenance is your responsibility. If your tenants damage the property, as opposed to ordinary wear and tear, then the cost can be deducted from their deposit, and this may be confusing you; e.g. scuff marks on the skirting board would be wear and tear; ripping off the skirting board and using it in the solid fuel burner would be deductible.

Can you imagine anyone in their right mind volunteering to maintain someone else's property - and pay for the privilege? So, no, you can't offer a letting agreement which would cover maintenance. It wouldn't be enforceable.

As a landlord you need to budget for redecorating at regular intervals and replacing carpets and other items as they wear out. It's part of the job description.

[Deleted User]

GS.. said:

Just a none refundable deposit to cover maintainance. 

 You are hysterical 🤣😂🤣😂

 non refundable deposit! There is no such thing in renting. Maybe go read a book about what being a landlord is. And the Laws you have to comply with. 

unforeseen

I wonder if the OP is related to missdzhang

davidmcn

GS.. said:

Just a none refundable deposit to cover maintainance

davidmcn said:

GS.. said:

I heard of some leases that retain the deposit to help towards maintainance 

How, exactly? You can't charge the tenants for wear and tear. 

Is this a wind-up? 

NameUnavailable

GS.. said:

Just a none refundable deposit to cover maintainance

davidmcn said:

GS.. said:

I heard of some leases that retain the deposit to help towards maintainance 

How, exactly? You can't charge the tenants for wear and tear. 

I think you mean a security deposit. Assuming you have a properly drawn up contract it isn't non-refundable but you can deduct money from it when the tenants move out IF it's fair to do so for any damages NOT for wear and tear as that is considered within the regular rent that you're charging. If people rent your property they will cause wear and tear. What do you think they're paying rent for? If they live in the property over time the carpets will need replacing and walls redecorating, no matter how clean and careful they are.

MovingForwards

Perhaps read up of landlord responsibilities for residential property rather than appearing to read about commercial leases.

Falafels

MovingForwards said:

Perhaps read up of landlord responsibilities for residential property rather than appearing to read about commercial leases.

Yes... I wonder if the OP is getting confused with the kind of lease which would include a contribution to maintenance - effectively a service charge for the property. As part of a tenancy agreement it would be such an egregious demand that I'm guessing the OP is showing lack of experience here rather than entitlement.