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For Tenants

Finding the perfect rental doesn’t have to be stressful

SEEKING TO RENT A PROPERTY (TENANT)

FIRST REGISTER WITH ON POINT PROPERTY MANAGEMENT & CONCIERGE.

Our knowledgeable staff, who are professionals at assisting you in finding your ideal rental home, need as much information as possible about the kind of property you are searching for.

Then, we put together a list of all the properties that meet your requirements. Viewings can frequently be scheduled right away. Once the owner is on board, we are pleased to perform them on the weekends and beyond business hours as well.

Here’s what they had to say…

Looking for property is so stressful in Barbados mainly because a lot of the time your budget is small, On Point Property Management came as a recommendation and although they had nothing available in our budget they found us a perfect 2 bedroom on the South Coast to match our budget. thank you sooooooo much!

– Trina and family (tenant)

how it works

THE renting PROCESS

01
THE TENANCY AGREEMENT

We will let the landlord know the moment you make a decision on a property. If both parties decide to move forward, we will prepare the necessary papers, producing an agreement that all parties must sign.

 

02
AND INVENTORY IS NECESSARY

Prior to the start of the tenancy, an inventory of the property's contents and state is usually produced. Both the tenant and the landlord will receive this.

03
Additional Information

In some cases the landlord may require documents such as a job letter, reference from a previous and or professional reference letter and or close friend or family member.

04
Step description

In some cases ID can be required and a screening process is done. Usually this is an extra step that provide additional security to landlords.

05
RENT AND DEPOSIT

Prior to the start of the tenancy, it is standard practice to request payment of the first month's rent, the last month's rent, and a security deposit (often one month's rent). Depending on the terms of your agreement and the results of the inventory check-out report, the security deposit will be returned to you at the end of the lease.

FOR LANDLORDS SEEKING TO RENT OUT THEIR PROPERTY

The value of your house as a rental will be important to you. After seeing your property, we will be pleased to provide you with a quote. Checking comparable properties to your own might provide you with yet another reliable indicator of the rental value.

You only pay commission when we successfully rent out your house, which is fantastic news.

UNFURNISHED OR FURNISHED UNIT FOR RENT

Your home may be rented furnished or unfurnished. We can advise you on what would be best to do once we have seen your property.

SETTING UP A VIEWING

There will always be a On Point Property Management & Concierge agent on site. If we have the key to the property, we shall first ask your permission to enter on a particular day with a client. Some owners prefer to be present and we welcome this.

THE LEASE

A lease is a legally binding agreement between the tenant and you, the landlord. The type of lease you receive vary based on your and the tenant’s requirements. Our brokers have a wealth of experience in creating custom leases, and they take care of getting the tenant to sign them prior to the start of the rental period.
Most landlords want the first and last months’ rent in addition to a security deposit, which is typically equal to one month’s rent. Before giving the tenant the keys, this should be in your hands.

AN INVENTORY

It is recommended that all landlords create an extensive inventory, which the renter must review, sign, and then return to the landlord. At the end of the rental, any missing or damaged items may be subtracted from the security deposit.

RESPONSIBILITIES OF THE LANDLORD

The leasing agreement will include a list of them.

COSTS INCURRED BY THE LANDLORD

The following is a breakdown of our commission fees: Should a rental be for a year or longer, we charge one month’s rent + 17.5% V.A.T.

We charge 10% plus 17.5% V.A.T. each month for rentals lasting more than three months but less than a year.

For a more extensive breakdown please send us an email at onpointproperty.bb@gmail.com

5 Ways To Negotiate Better When Renting in Happyville, USA

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Have Questions About Renting?

Check out our FAQs for renting real estate in Happyville, USA.

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