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Tenant Owes $21,000 in Late Fees: Court Rules in Landlord’s Favor

American Apartment Owners Association

In a ruling that could reshape how landlords approach late rent fees, the Kansas Supreme Court last week upheld a district court’s decision requiring a tenant to pay over $21,000 in late fees for missed rent payments dating back to 2020. Foster had rented a single-family home from landlord John Schutt starting in 2018 for $1,900 per month.

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Attorney General Secures $1 Million from Landlord Involved in Rent Price-Fixing Scheme

Rental Housing Journal

Smith) has agreed to pay over $1 million and reform its business practices to resolve allegations that it conspired with other district landlords, using rent pricing software from RealPage, Inc., The settlement is the first to result from the Office of the Attorney General’s (OAG) lawsuit, filed in November 2023. “ Rents in D.C.

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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

His term as president ended in 2023, but hes been involved with the association in one way or another for his entire career in real estate. which focuses on protecting tenants rights, landlords rights and property rights. Tim Wehner is a former president of the National Association of Residential Property Managers (NARPM ).

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Understanding Colorado Springs Rental Laws

Muldoon Associates

That can feel pretty frustrating, especially if you’re a landlord or a rental property owner who is trying to keep up and stay in compliance. Let’s talk about some of the newest and most important laws in the Colorado landlord and tenant space right now. So let’s unpack what this means to Colorado landlords.

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Indianapolis Property Management Update: Rental Statistics Q4 2024

T&H Realty

Are landlords holding firm on pricing, or is this just a tougher-than-usual seasonal slump? For property managers and landlords, this trend serves as a reminder of the importance of proactive marketing and pricing strategies during slower quarters. However, landlords should monitor whether these prices are sustainable in 2025.

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Should You Convert Your Primary Home Into a Rental Property?

Authority Property Management

The answer depends on your financial goals, the local rental market , and how comfortable you are with being a landlord. In 2023, she needed a larger home for her growing family. However, make sure to evaluate your local market, financial goals, and landlord responsibilities before making the leap. mortgage interest rate.

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Impact of RTO on Commercial Real Estate Trends

Esquire Property Management Group

Companies, building owners, landlords and property managers are watching these trends develop with anticipation. Office occupancy in the United States was at approximately 50% as of May 2023, which is a sharp drop from pre-pandemic levels when office buildings were usually almost full. How is RTO Effecting Rates for Commercial Leasing?