Hello folks,
My last 2 flights were canceled in as many months but hopefully next one will be ok fingers crossed. I've found a tenant for my residential property so I was hoping if experienced folks here would guide me on this.
We've agreed on obligations regarding usual wear and tear and use of electrical appliances. What would be the norm usually with this though ? My main concern is what if the person , who is also a foreigner but on work permit, inflicts extensive damage, itentionally or otherwise , to the property and leaves hk. What are my options other than me footing the repair bill if the security bond is nowhere enough to cover it ? I do have a fire insurance policy in place.
The rental amount is comparatively lower since we're leaving pretty soon and the flat is only 4 years old so it's quite a new property.
Fyi, I believe I'm a decent bloke ( locals call me a dinosaur)and I have no intention to take advantage of anyone, let alone my potential tenant.
Thanks
EDIT:
Any other suggestions would also be appreciated thanks heaps