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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Are you taking that big step and purchasing your first multifamily property? Congratulations, you are now a landlord, the owner of a great rental property.

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3 Common Misunderstandings About EEE Inspections

American Apartment Owners Association

Exterior Elevated Element (EEE) inspections are a vital part of keeping California multi-family buildings safe and compliant under SB721 (for apartments) and SB326 (for condominiums and HOAs). In reality, both SB721 and SB326 establish cyclical inspection timelines : SB721 (apartments): Inspections must be repeated every nine years.

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Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. If your association hasnt yet completed inspections, you are now out of compliance, potentially exposing yourself to serious liability and fines. It is imperative to act quickly to ensure safety and compliance.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

Here are some of the homeowners and condo association collection laws to take note of per state: Alabama In Alabama, community associations need to follow the Uniform Condominium Act (Alabama Code 35-8A-316) and the Homeowners Association Act (Alabama Code 35-20-12) for debt collection.

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What Does Balcony Inspection SB326 Mean for HOAs and Community Boards?

American Apartment Owners Association

Passed into law in 2019, this legislation directly addresses the structural integrity of elevated exterior elements—most commonly balconies, decks, walkways, and stairways—used by multiple families in condominium buildings. SB326 applies specifically to: Condominium projects governed by a homeowners association. Why SB326 Was Enacted?

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Best Property Management Books for Landlords: Top 9 Picks

Bay Property Management Group

The Property Management Tool Kit: 100 Tips and Techniques to Getting the Job Done Right by Mike Beirne In this book, National Apartment Association Vice President Mike Beirne divulges some of his best practices for managing rental properties. Implementing just a few of these safeguards can help you secure your business. Here, John C.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Are you taking that big step and purchasing your first multifamily property? Congratulations, you are now a landlord, the owner of a great rental property.