A fire can take everything away from you in an instant. As a property owner, fire should be one of the biggest concerns on your mind. As a landlord, a single fire can not only destroy your property, but leave you liable for damages that might put your property-owning career in danger. If you want to make sure that you keep both your property and your tenants safe, you need to make sure that you concentrate on fire safety.
First and foremost, you need to take responsibility for your property. Make sure that you have a whole-home monitoring system in place for both carbon monoxide and smoke – it’s the easiest way to alert your tenants to danger and to get the fire department to your property in a timely manner. You should also make sure that you conduct regular checks of the property for any kind of fire hazards (a property manager will be helpful here). Finally, make sure that you keep your home’s electrical wiring and appliances up to fire code standards at all time.
On the tenant side, make sure that you set specific rules in your rental contract. Don’t let your tenants bring in outside appliances other than a washer or dryer, and make sure that you keep some sort of clause active about cleanliness. While you might not always consider it, a dirty apartment is also a fire hazard – make sure that your property is never so dirty that a tenant can be trapped by a fire.
You have a responsibility to your tenants to make sure that any property that you own is safe. If you can do your part, you must make sure that your tenants do the same. With a little bit of extra work, you can make sure that the likelihood of a fire occurring on your property is greatly diminished. You may not be able to completely control every circumstance in which a fire may be started, but you can always go above and beyond to make sure that your liability in such a matter is never in question.