The Limited Times

Now you can see non-English news...

Lessors: how to secure your rents

2020-10-30T17:48:05.933Z


OUR ADVICE - The health crisis is weakening a growing number of tenants. If you plan to invest in rental property, take extra care to secure your rents.


Director of Citya Descampiaux agencies in Lille, Philippe Descampiaux has taken the lead.

"In the spring, as soon as the confinement began, our management teams contacted the tenants who were having difficulty, as well as their lessors, and we sought to find a solution that suited both parties"

, he explains.

The goal of this proactive approach?

Prevent bad debts from accumulating to the point of putting owners in difficulty.

Because, with the impossibility of going to work, many tenants have suffered significant drops in income and have not been able to pay their rents in full.

And the waves of layoffs announced will not help matters.

Landlords therefore have every interest in securing their rents today to protect their future income.

There are several solutions for this.

Read also:

Real estate: lessors and traders compete on the payment of rents for confinement

Physical deposit or Visale guarantee?

The most classic is to opt for a joint surety.

This is a solvent person who agrees to commit on behalf of your tenant.

This article is for subscribers only.

You have 86% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-10-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.