If a tenant vacates your property without an explanation but left their stuff behind, what do you?<\/p>\n

$\"\"$ From the smallest of items such as pot and pans to couches or bed frames – you may need a hand, physically and financially, to move the furniture.<\/p>\n

Ensure you are up to date with your Landlord Insurance as these covers many costs associated with those types of things. <\/p>\n

Have a simple 10-minute phone call to your preferred insurance company, and you are good to go. <\/p>\n

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3. A tenant suddenly passes away<\/h2>\n
No landlord in Malaysia wants to think about this, but in the event of a tenant’s sudden death, there are a few things you may need to consider. <\/p>\n
Firstly, it might be a while between tenants or payments, so prepare an announcement on the unforeseen circumstance – without mentioning the death. This allows your property to be still open for availability when ready, and you will soon have an outpour of future tenants.<\/p>\n
Secondly, you should check if your policy covers rental default, such as cover cleaning up after a tenant’s death or accident.<\/p>\n
If the incident circumstances are linked to your property, you should check that your landlord insurance policy has liability cover. <\/p>\n
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Read more how to prepare as a landlord in Malaysia;<\/strong><\/p>\n
▶️<\/span><\/a> A 3-minute guide on Malaysia’s home insurance<\/a><\/strong><\/p>\n
▶️<\/span><\/a> What are the hidden costs of owning a rental property?<\/a><\/strong><\/p>\n
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4. A robbery has occurred in your rental property<\/h2>\n
Several home insurance can cover thefts under most contents policies, but sometimes it can be harder to account for items stolen by people within the property. <\/p>\n
Be sure to check if you’re covered in the instance your tenant takes your furniture, appliances, or even doors from home.<\/p>\n
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5. Damage due to bad weather<\/h2>\n
Fires and floods are always a surprise, with floods a normal occurrence in Malaysian weather. <\/p>\n
$\"\"$ Nobody expects their property to be ravaged by the elements, but there’s no denying it can be costly when it happens. <\/p>\n
Flood storm and fire damage can usually be repaired and could be covered in your insurance policy. <\/p>\n
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If you get the call that your rental property has been affected by any of the above, you’ll want to be prepared financially to fix the damages, and IQI Global is the team to help in your future.<\/strong><\/p>\n
Also, did you hear that? You can become a REN for only RM188!<\/span><\/strong><\/p>\n
IQI Global has a #MarchtoVictory campaign to cultivate your future success!<\/span><\/strong><\/p>\n
What are you waiting for? Grab the opportunity TODAY!<\/span><\/strong><\/p>\n
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