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A quick reference for residential investors from WILMOTH Group. Providing creative solutions, strategy, services and support in the residential investment community since 1994. |
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How To Manage Personal Property Upon Death of A Tenant
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As a rental owner someday you may be faced with the difficult task of
addressing the death of a lone occupant in your rental. If faced with
this situation you may be the first person contacted. Will you be
prepared to respond? After the initial news is processed, what will be
the next steps you will take? Ultimately, how will you manage personal
property owned by the deceased? These questions can be handled much
easier by taking a few simple steps long before the day.
There are steps to be taken to ensure the situation is handled
properly. Law enforcement authorities will serve as your initial guide. How to process
and manage personal property begins at the approval of these
authorities. First, possession and clearance to enter the property must
be obtained. After that, the owner or manager may be faced with how to
manage personal property owned by the deceased. Most of the time this
issue is not addressed in the lease.
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Why WILMOTH? Anytime Reporting How easy is it for you to monitor the performance of your property? Very! We offer over 20 different reports on-line to allow you to see your investments in many, possibly new, ways. Learn More
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Did You Know?
Since 1996 WILMOTH has been utilizing unique, creative, ways to sell residential real estate investment property. Our investment experience provides for the best exposure and fastest sales of residential properties! Learn More |
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Questions? Own a property that is just not performing? Ready to increase your portfolio? Or just want to discuss anything? Let us know and we will get right back to you! |
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Plus many more services and features to make your leasing and management experience simple and your cash flow maximized! |
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