How will Principal Relocation Company assist in renting a property?
A. Once we have identified a suitable property for the Transferee based on their needs and requirements, a written proposal must be prepared which Principal Relocation Company will take care of. This must be signed by the tenant and given to the realtor along with the holding deposit so that the landlord can sign. Once the landlord has signed the proposal, the holding deposit will only be refunded if the landlord changes his/her mind. Besides this documentation, the landlord may also request a written guarantee or a letter from the Transferee’s employer which states that he/she makes enough money to cover the rent. Once the proposal has been accepted, Principal Relocation Company will negotiate and draw up a legally binding property contract. Both parties must be in agreement before the contract can be signed. All payments due must be paid and the landlord may not allow the tenant to enter the property until they have received these payments in their bank account. Sometimes proof of pa
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