Corporate housing is a relatively new practice, and regulation of such is still in development, it is especially important to fully understand the obligation of both the tenant and the landlord.
Who is the tenant, and why are they here?
No matter what kind of business you’re running, it is always imperative to understand your customer. In the case of Contractors Accommodation in Birmingham, the customer is the tenant – making it necessary to become acquainted with the needs and expectations of the renter.
In some cases, the tenant is an individual, generally an employee in transition as they search for more permanent lodging. Occasionally, the individual may simply be working on a temporary project and in need of a more comfortable residence than a hotel.
There will also be instances where the tenant is actually a corporation. A company will maintain payment of rents and other associated fees in order to provide housing for employees that may be relocating or on temporary assignment.
The company renting a property is also responsible for handling situations when an employee using corporate housing is terminated. Conditions regarding payment of rent or incurred damages should be addressed in the lease agreement to avoid the loss of revenue from a tenant that departs unexpectedly, whether it be willing or otherwise.