Far West Realty - Rentals and Propery Management in Prescott
 

Landlord Agreements

When a tenant moves out of your rental property, and is no longer obligated to maintain the utilities in his or her name, he or she will typically want to contact the utility provider and ask for service to be discontinued, effective the date of the lease termination.  Far West Property Management in Prescott discusses how there could be a couple of potential problems with this:

1.    If the utility is actually discontinued, there is usually a fee to have the service re-instated in the owner’s name.
2.    If that particular utility powers the heating system, and it’s winter time, the shut-off may well result in frozen and broken pipes, which when thawed, can wreak all kinds of water damage and other havoc on the property.

So, what does one do?  Well, whether you manage the property yourself, or have a management company do it for you (we, of course, highly recommend Far West Property Management), it is often advisable to set up what is called a Landlord Agreement with the utility.  This is simply a written agreement between the Landlord and the utility, that whenever tenants move out of a rental property and order the utility to be taken out of their names, the order is flagged, and the utility is automatically placed back into the landlord’s name, with utility services never being discontinued.

Hence, there is no re-connect fee, and service remains continuous so that heating is not interrupted, pipes don’t freeze and break, and house cleaners, carpet cleaners, painters, and other service vendors will have access to needed water and electricity to perform their work.

Just a little rental management tip here, from Far West Property Management, where our clients ARE our business, and we are always Taking Care of Business!

If any of this has been helpful, and you’d like to know more, call Dave at Far West Property Management today at 928-772-9400 He's always happy to help.

 

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Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars We have very much enjoyed our apartment as renters with Far West Realty for several years now, and are happily satisfied in our dealings with Dave Hamill and his staff. The very few concerns or problems we have had with our unit have always been met with real consideration and responsiveness. Further, Dave and his staff are readily accessible and always courteous. Tammy and Jim
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5 out of 5 stars Working with Far West has been a pleasure. Dave and his office were responsive to questions and needs throughout my three years leasing from them.
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars Dave Hamill at Far West Realty was my property manager on a single family house for several years. As an out-of-state owner, I relied on Dave for everything: tenant selection, lease negotiation, recovery when a former tenant didn't pay the last month's rent, cleaning, maintenance, marketing, managing repair work, etc. Dave and his team were always professional, courteous, competent, and just nice people. I wholeheartedly recommend them!
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5 out of 5 stars I have been using Far West to manage my rental in Prescott Valley for approximately 7 years. I live out of the area know that things are being taken care of. I have complete faith in Dave and his team in the oversight of my property. They are thorough and very prompt in any given situation. I love the fact that I know that the house is being taken care of with TLC. You can't put a price on piece of mind and that is exactly how I benefit from using them. I would strongly recommend using Far West for your management needs. You will not be disappointed.