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The Suster Law Group, PLLC
  • Home
  • About
    • Israel Suster
    • William Sweet
    • Tyler Smith
    • Christopher Bowers
  • Practice Areas
    • Commercial Litigation
    • Property, Asset And Real Estate Litigation
    • Commercial Tenancies
    • Residential Tenancies
    • Construction Disputes
    • Local and Conflicts Counsel Representation
  • Blog
  • Pay Online
  • Contact
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What qualities should a commercial landlord have?

On Behalf of The Suster Law Group, PLLC | Jan 23, 2023 | Property Law

Being a commercial landlord comes with many benefits including passive, consistent income and an increase in land value. But there’s lots of responsibility involved, too.

If you’ve been thinking about becoming a commercial landlord, you need to possess certain qualities, and here are five of them.

Adherence to state lease laws

According to Texas Property Code PROP Section 92.024, a landlord has to provide a copy of the lease in paper or electronic format within three business days after signing it. That way, a tenant has tangible proof of lease guidelines if they need to dispute something.

Transparency

When advertising commercial rental property, a landlord has to ensure they mention everything about it like rental fees, amenities and even not-so-pleasant aspects like bug infestations or plumbing issues. Telling your prospective tenants the good (and bad) parts of a building can prevent unpleasant surprises and potential lawsuits.

Excellent listening skills

Suppose a tenant has a complaint concerning cubicle or warehousing space. While some are calm when conveying their complaints, others might be angry or frustrated. It’s crucial for you to maintain a civil demeanor and show empathy when handling disputes to avoid them escalating into a fight.

Open and accessible communication

There’s nothing more frustrating and annoying than reaching out to someone for assistance only to wait hours or days for a response. Inform tenants ahead of time of your availability schedule so they won’t have to wait longer than necessary when asking for help.

Integrity

As a landlord, you need to make sure that your actions align with your words. Carrying out tasks when you say you would helps to build a rapport among tenants and might even aid you in attracting future tenants.

If you want any information about what being a commercial landlord entails, consider seeking legal guidance for assistance.

 

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