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Understanding Non-Occupancy Charges in Housing Societies

ADDA

These typically apply when the unit is rented to tenants or kept vacant. Deter frequent tenant turnover or commercial usage in residential zones. The registered owner of the flat, even if the tenant pays it on their behalf. Key Government Guideline: RWAs cannot charge tenants more than owners for maintenance.

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The Best Software for Apartment Management

Avantio

Real-time Customer and Booking Data : Track names, emails, phone numbers, and even direct messaging to monitor each tenant that books. Activate automated settlements to save hours of number crunching. Set occupancy rules, booking conditions, and in some cases, cross-sell with partners.

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6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies. This comes as U.S.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Since 2001, median rents have almost continuously risen in inflation-adjusted terms. RELATED ARTICLES: Renter Priorities: What’s On Top Of A Tenant’s List? If we adjust for inflation, the U.S. has lost 2.1 million affordable units since 2012. The trend accelerated when the asking rent price spiked during the pandemic.

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Winterization Checklist for Multi-Family Apartments

Beach Front Property Management

In fact, as per the report titled Unintentional Non-Fire-Related Carbon Monoxide Exposures — United States, 2001–2003 , approximately 480 U.S. It stands to reason, as people are most likely to use gas furnaces and heaters in this season while windows are kept shut. hospital emergency departments.