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Should I Meth Test my Property?

May 24th, 2016.

Meth in rental properties is currently a big topic of discussion with many varying opinions. More and more we are seeing tenants who are better educated about the serious health effects of living in a property that has meth contamination and their preference for renting homes that have been tested prior to occupation.
 
Pedersens are now including as part of our standard tenancy agreements a meth clause, which enables us to test for meth in the property before, during and after a tenancy. While it is not a requirement under the new legislative changes to have your rental property tested for meth between tenancies, we feel that having the option to do so at any time and letting the tenant know upfront our zero tolerance for meth related activities, offers our owners a higher level of protection.
 
Our position on meth is that it is best practice to both have a good insurance policy that covers for all meth related contamination and to actively meth-manage your rental property. Tennille and Kris have applied this practice to all of the rental properties they personally own.
 
We are recommending to all owners that they check and revise their existing landlord insurance policies to ensure it covers for all meth related contamination and loss of rent. Also check the fine print, what is the minimum required number of routine inspections per year the policy requires and have you instructed your Pedersens property manager so we can ensure that it’s compliant. Are there any other special conditions of the policy we should be aware of?
 
We are also recommending that owners test the rental property for meth when it next becomes vacant. Did you know that a tenant can go ahead and arrange a meth test of the property without the landlord’s knowledge? And if meth levels are found during the tenancy that are above the Ministry of Health’s minimum levels required for safe occupation, landlords may find themselves in the middle of a nasty battle as to who is liable for the costs of not only the tenants relocation but also the value of the Tenants belongings that have been contaminated.

The thorough vetting of tenancy applications is imperative now more than ever to ensure quality tenants.
 
Please contact your property manager today if you are concerned about meth and/or your current level of landlords insurance. We are here to take the complicated away and can arrange everything for you to ensure you are fully protected. Real Landlord have just announced the release some great new insurance products for landlords and is one of the better products we have seen when put to the test of a claim.

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