What happens if a tenant damages something?
The repair or replacement of an item which is damaged or neglected by a tenant is handled in one of two ways. If damage comes to VPM’s attention by way of the tenant or during a routine inspection of the property, VPM will arrange for the repair or replacement of that item. Initially this repair will be paid for from the owner’s management account reserve fund. However, the tenant is then immediately invoiced for the cost of the repair. In the event the tenant does not pay this invoice in a timely manner, this will be treated the same as late payment of rent.