article thumbnail

What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

That space could be turned into a mother-in-law apartment. Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. What Is a Mother-In-Law Apartment? Why Are They Called Mother-In-Law Apartments?

Apartment 130
article thumbnail

Resident Screening & Lease Agreements: 4 Mistakes Columbus Landlords Should Avoid

RL Property Management

Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. And all too often, it starts with a rushed screening decision or a poorly written lease. Dont roll the dice with a one-size-fits-all lease.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A practical guide to property leasing & management

Buildium

Lets dive into the key elements of leasing, including crafting a lease agreement, screening tenants, and using the right technology to save you time. Craft a Solid Lease Agreement Your lease agreement serves as the blueprint for the tenants entire stay.

Lease 130
article thumbnail

Can A Landlord Charge a Cleaning Fee After You Move Out?

Bay Property Management Group

They can only give you a cleaning fee if your lease agreement (and local laws) allows for it. First, you’ll need to notify your landlord or property management about your move-out date, in line with your lease agreement’s stipulated notice period. If not, they cannot push it on you.

Landlord 130
article thumbnail

Can Tenants Get The Boot When Smoking In Apartments?

Rental Choice

Smoking in apartments is a contentious issue that has caused many disputes between landlords and tenants. In addition, landlords may prohibit smoking under the rental agreement and an apartment smoker will face consequences should they ever break the rules. Let us discuss the former first.

Apartment 130
article thumbnail

Best Property Management Software for 2025

American Apartment Owners Association

What Sets Innago Apart as the Best Property Management Software? Innago securely stores leases digitally. Lease renewal & expiration notifications. Innago enables landlords to secure trustworthy tenants , streamline lease agreements, and minimize potential vacancies. Stay on top of deadlines to avoid vacancies.

article thumbnail

Lessor vs. Lessee: How Are They Different?

Bay Property Management Group

They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). A lessor is one of the most critical real estate terms.