Remove 2023 Remove Lease Agreement Remove Tenant
article thumbnail

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. A different tenant with stronger legal counsel could prevail.

article thumbnail

Understanding Colorado Springs Rental Laws

Muldoon Associates

Let’s talk about some of the newest and most important laws in the Colorado landlord and tenant space right now. Just Cause Eviction Protections in Colorado Thanks to HB24-1098, landlords must now have “cause” to evict a tenant or even to decline a lease renewal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Impact of RTO on Commercial Real Estate Trends

Esquire Property Management Group

Leasing rates have been significantly impacted by the significant decrease in office occupancy brought about by the move to hybrid work arrangements. 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.

article thumbnail

What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing.

article thumbnail

Positive Impact of Return to Office (RTO) on Commercial Real Estate Trends

Esquire Property Management Group

Leasing rates have been significantly impacted by the significant decrease in office occupancy brought about by the move to hybrid work arrangements. 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.

article thumbnail

Property Management Outsourcing Services: Benefits and Cost

Second Nature

This could include tasks such as tenant screening, resident benefits, renters insurance programs , rent collection, maintenance and repair coordination, lease enforcement, financial reporting, and more. You can learn more about our coverage and fully managed Resident Benefits Package in our 2023 Resident Experience Report.

article thumbnail

What You Need to Know About LA’s Renter Protections

Beach Front Property Management

Just Cause Eviction Protections in LA Starting January 27, 2023, Los Angeles implemented eviction protections for renters, extending these safeguards to almost all rental properties, including single-family homes and condominiums. These units are now included in the Citys Just Cause Eviction Protections Ordinance.