Originally published Saturday, March 28, 2009 at 12:00 AM
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Apartment company offers free rent to laid-off tenants in four states
A landlord is promising two months' free rent if its apartment tenants in Ohio, Florida, North Carolina and Texas lose their jobs. Goldberg Cos. says layoffs...
CLEVELAND — A landlord is promising two months' free rent if its apartment tenants in Ohio, Florida, North Carolina and Texas lose their jobs.
Goldberg Cos. says layoffs have become the No. 1 concern for prospective renters. In response, the company's "Layoff Proof Lease" program began recently.
Tenants will qualify after they've signed a 12-month lease and have made three rent payments. Goldberg says when they provide a termination letter or other proof of job loss, they will receive 60 days rent-free. After that time, they may back out of the lease.
Senior Vice President Jordan Goldberg says his family's company hopes the offer will attract new tenants and help retain current ones.
Copyright © 2009 The Seattle Times Company
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