Rent & Arrears Management

One of the most commonly asked questions by a landlord are “How can you ensure that my tenant will pay their rent on time”?

At Capital First Real Estate, we monitor rent arrears on a daily basis. We contact the tenant by phone when they fall in arrears. We have also have systems in place so that reminders are sent via SMS, emails & letters. Depending on the situation, we will also visit the tenant if required.

Usually when we have made contact with the tenant by phone, they will explain why they couldn’t pay their rent and reach a solution which is approved by the landlord. We will support and guide our clients based on our expertise.

Once the tenant has reached 7 days in arrears, we will send them a letter outlining their obligations under the Residential Tenancies Act 2010.

By law, we cannot issue a termination notice until the tenant has reached 14 days in arrears. Before sending a termination notice, we will consult you first, and then decide what action you would like to take. More often than not, the tenant is usually shocked when they receive a termination notice and will pay their rent immediately and will never reach that kind of arrears again.

Tribunal

A thorough knowledge of the Residential Tenancies Act is essential to manage your property efficiently and every member of our property management team is thoroughly conversant with all aspects if the Act and the workings of the Tribunal.

Hearings are always attended by one of our senior property managers who are capable of arguing any adverse decisions of behalf of our clients and of making quick decisions in our clients’ interest when necessary.

Happy Clients

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