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Rentals |
What Do I Have to Do?
Amagen Rentals takes care of everything. Our online management system and regular statements gives you complete transparency and 24/7 internet access to your property portfolio.
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What Happens in Case of Fire, Earthquakes, etc?
In the event of the tenant not being able to enjoy the beneficial occupation of the premises as a result of the premises having been materially damaged by fire, earthquakes, weather storms, riot activity, vis major or the like and the premises is (a) wholly destroyed, then the lease agreement and rental income guarantee shall thereupon terminate; or (b) partially destroyed, then the tenant shall enjoy an abatement of rent in proportion to the extent to which he is deprived of the use and occupation of the premises until the partial destruction thereof is remedied, and the rental income guarantee shall reflect the abatement of rent. The amount of such abatement shall be agreed upon between the tenant and the landlord and if they do not agree, it shall be determined by arbitration.
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