Southwestern Management And Realty Team

FAQ: What if a Tenant Damages the Property?

Damage and fair “wear and tear” to a rental property are inevitable. And, in some cases, they can cause quite a headache for a landlord.

It’s the tenant’s duty to report any damages to SMART.

What’s Fair Wear and Tear

The first thing you need to do is differentiate between what is ‘fair wear and tear’ and what is actual damage. The law is becoming more defined in regard to fair wear and tear, so with more rigid guidelines in place, it is no longer down to the landlord’s or SMART’s discretion to classify wear and tear.

A tenant can no longer be charged – or have any money deducted from their security deposit –  for damage that would have inevitably occurred as a result of the property being inhabited.

For example, if the walls of a property appear to be lightly scuffed at the end of a tenancy, the landlord could not reasonably accuse the tenant of causing the damage – minor marks such as these are to be expected in a property that’s been lived in.

REMINDER: A tenant can no longer be charged – or have any money deducted from their security deposit –  for damage that would have inevitably occurred as a result of the property being inhabited.

SMART’s Policy on Damages and Tenant Responsibility

The security deposit that SMART accepts from the tenant at move in will usually be sufficient to handle “minor repairs”.

When a tenant leaves/vacates the property owing money for rent or damages, money will be deducted accordingly. More often than not, the tenant will receive their security deposit back in full.

At “move-in” an inspection is done where SMART’s licensed and permitted Property Manager(s) document the condition of the property. A “walk out” inspection is also done when a tenant is vacating the property. At that time, besides normal “wear and tear” if there is damage done, it will be duly noted and photos were taken and a deduction will be taken from the security deposit.

Have any questions for our team? Give us a call: 702-750-9725

SMART is open Monday-Friday from 9am-5pm.

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SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.

Credit

  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs

Pets

MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.

SERVICE ANIMALS ARE OF COURSE ACCEPTED AND WILL REQUIRE THE PROPER GOVERNMENT ISSUED DOCUMENTATION.