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What Is a Co-Applicant in a Rental?

Bay Property Management Group

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. But then you see the word “co-applicant” on the form, and you’re wondering… what is a co-applicant? Main Takeaways What is a co-applicant?

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What Credit Score Do You Need To Rent An Aparment?

Bay Property Management Group

Wondering, “what credit score do you need to rent an apartment?” answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with. answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with.

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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. Locked or vacant flats not rented out. West Bengal: Unique Model – 10% of Rent Governing Law: West Bengal Cooperative Societies Act, 2006 (Section 93) Key Clause: Societies may charge up to 10% of monthly rent as a tenancy charge.

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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

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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. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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How Extensive Are Background Checks for Apartments?

Bay Property Management Group

To confirm you can afford the rent Aside from everything above, landlords also have to make sure you truly meet the most basic of qualifications: that you can pay the rent. Well, heres the thingtheres no federal law that says landlords have to run background checks on apartment applicants. What Can Cause a Tenant to Be Denied?

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8 examples of automated property management systems you can start using today

Buildium

Digital Lease Generation and E-Signing Once an applicant is approved, the lease agreement is auto-generated using a template populated with data from their application. Rent Collection and Financial Automation Collecting rent and managing accounting tasks can be extremely time-consuming.