Lots of unsuspecting renters have been forced out of the home they have a leasehold on because they didn't do a simple thing: Investigate the people they are renting from. Its public information people. They look into your background, you need to do the same, and I cannot stress enough the importance of landlords and tenants reading the AZ landlord tenant act.
Tips for renters provided by AZCentral.com:
Renters who have experienced foreclosure offer these tips and signs to keep tenants alert to possible foreclosures.
• Check out the mail: While it is illegal to open other people's mail, keep an eye out for letters that appear to be billing notices for late payments. This can include homeowners' association fees, utility bills and mortgage bills. If the owner isn't paying those bills, he or she may not be paying the mortgage.
• See what the county assessor says: Look to see if the owner has kept up with paying property taxes. If you've been dealing with a property manager, you can find out information about who owns the home, if the owner has more than one property and if foreclosures are pending on any of the properties. Many renters experiencing foreclosure evictions have found their landlords own more than one property.
• Look for credentials: Pete TeKampe with the Arizona Multihousing Association suggests tenants rent from professional property-management companies that are licensed and members of the AMA. "It's not a guarantee, but it's another layer of protection," he said.
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