your advice please - problem with tenants
Hi,
I would like to hear your opinions on the following situation:
I have a property which was let to new tenants a couple of weeks ago.
This is a newly built house, and the only thing missing was the blinds.
The blinds supplier indicated that the blinds will be ready by the end of January, and this was communicated to the tenants.
Now, I have been informed that the blinds delivery might be delayed by two weeks.
The Tenants are (obviously) not too happy with this, and have notified the PM that they are seeking compensation by way of rent reduction.
Now, while I sympathize with the tenants (and I do - it IS an inconvenience)
where do I stand? Am I obligated to reduce the rent? if so, is there a rule to how much of a reduction?
I'm am also chasing up the blinds supplier to try and speed things up on their end...
Should I just attribute this to the cost of doing (RE) business, and just offer the reduction?
your thought are appreciated...
Cheers,
LeeF
Hi,
I would like to hear your opinions on the following situation:
I have a property which was let to new tenants a couple of weeks ago.
This is a newly built house, and the only thing missing was the blinds.
The blinds supplier indicated that the blinds will be ready by the end of January, and this was communicated to the tenants.
Now, I have been informed that the blinds delivery might be delayed by two weeks.
The Tenants are (obviously) not too happy with this, and have notified the PM that they are seeking compensation by way of rent reduction.
Now, while I sympathize with the tenants (and I do - it IS an inconvenience)
where do I stand? Am I obligated to reduce the rent? if so, is there a rule to how much of a reduction?
I'm am also chasing up the blinds supplier to try and speed things up on their end...
Should I just attribute this to the cost of doing (RE) business, and just offer the reduction?
your thought are appreciated...
Cheers,
LeeF
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