Furnace Broke Down in Rental
Hi all,
I am wondering if I need to compensate the tenants in this situation and I am looking for your advice:
Wednesday: Tenants called and informed the furnace was not working.
Thursday (today): The technician evaluated and suggested getting a new furnace. Sales also came and provided a quote right away, however, they have to wait until Monday to install it. I just drove by and dropped off two space heaters. Tenants will stay there tonight. It's 38 degrees now.
Friday-Sunday: Tenants are trying to figure out but will likely stay with their friends. The temperature will start to drop tomorrow. The low point will be 13 degrees on Sunday.
Monday: New furnace will be installed.
I am debating if I should offer 5-day pro-rated rent as compensation. I made like 20 calls yesterday and today. This was the fastest solution I could possibly provide. I wonder what you would do in my situation. Thank you!
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- Real Estate Broker
- Cody, WY
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You may want to keep the taps trickling to prevent frozen pipes while it sits empty.
- Nathan Gesner
