For those people who are interested in renting a house, a local, or any other property, whether for commercial or residential use, it is necessary to hire a Rental Lease, whose purpose is to ensure the payment of the monthly rent and serve as an instrument that guarantees that in case the tenant or tenant fails to pay the rent, the owner of the property will not be affected.
Some years ago, the rent of a property only required the vote of confidence between tenant and landlord, however, the economic uncertainty and irregularities that some people presented in their financial history, represented a risk for landlords. This is why the Lease Bond has become a necessity, through which it seeks to legally protect property owners.
By means of a Lease Bond, the owner of the property is guaranteed that the payment of the rent will be covered for non-compliance or for possible damages that the occupant may cause to it, since the surety will be the one who will respond in case the guarantor do not do it, delivering the payment of the uncovered rents, providing legal certainty to the landlord.
It is important to take into account that in order to hire a Rental Bond, it is necessary that there is a lease contract and that the person interested in renting, validate their economic solvency by means of proof of income for the last 3 months, which may be receipts from payroll or fees. Likewise, it is extremely important that the tenant is not in credit bureau and has a joint obligor, who must present a property free of liens, which will be taken as collateral in case there is a breach in the payment of the rent. The cost of the deposit is obtained based on the income of one year.
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