COVID-19 Updates, Resources for Property Managers + COVID GOOD NEWS, and FAQ’s!
There are three sections to this post. All updated regularly.
Section 1: Specific COVID19 articles relating to property managers.
Section 2: COVID19 GOOD NEWS!
Section 3: COVID19 FAQ’s
(Please note, many of these articles are from other countries such as the USA, so please take that into account in regards to any advice)
Original Post Date: 20 March 2020. Updated 8 April 2020. (Updated regularly.)
Information for the Queensland residential rental sector from the RTA
(Article date: 3 April 2020) The RTA encourages all parties be understanding and reasonable in their dealings with each other, and to follow the advice of the National Cabinet and State and Commonwealth agencies in relation to health, self-isolation and social distancing measures that have been announced or are enforceable in Queensland.
5 Actions Property Managers Can Take For COVID-19
by Mark Zettl from GlobSt.com
The health and safety of employees, tenants and clients are top priorities for property managers. That means working proactively to protect against COVID-19, the novel coronavirus that is spreading across the globe, is mission-critical.
While there are still many unknowns, and the situation remains very fluid, there are several actions property managers can take to reduce risk amidst this disruption.
Coronavirus/COVID-19: Considerations for Landlords and Property Managers
By Kelly F. Bagnall from Holland & Knight,
“The typical commercial lease and property management agreement does not address viral epidemics. The duties and obligations of a landlord or property manager regarding limiting tenants’ and guests’ risk of exposure to the virus depends on what services, if any, the landlord or property manager provides at the property….”
FAQs: COVID-19 and the impact on landlord insurance
by EBM Rentcover
It is a seemingly confusing time, as Australia and the world battles what has been dubbed a ‘once in a generation event’.
These distressing and unusual times bring unforeseen difficulties. And unfortunately landlords and property managers will not walk away unscathed from this global pandemic. The Coronavirus outbreak will undoubtedly impact some tenants and their ability to pay rent. And it may, for a period of time, influence the way property managers inspect rental properties.
…most noteworthy, the situation may determine whether or not investors can continue to pay mortgages.
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Sick of all the doom and gloom news about COVID19? Give your mind a break with some GOOD news! Plus further general COVID19 FAQ’s under the good news section! See below: