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Property management accounting essentials: 6 must-have software features

Buildium

Good property management accounting software can be a powerful tool in the success of your property management business. The more properties and transactions you manage, the more time it will take to keep your accounting system updated and accurate. But not all property management accounting software programs are created equal.

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Understanding Non-Occupancy Charges in Housing Societies

ADDA

Maharashtra: Legally Capped at 10% Governing Law: Maharashtra Cooperative Societies Act, 1960 Key Regulation: Government Order under Section 79A dated 1 August 2001 caps NOC at 10% of the service charges component of monthly maintenance. Key Government Guideline: RWAs cannot charge tenants more than owners for maintenance.

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Move-in Affordability Plan Aims to Cut Philly Move-in Fees

Bay Property Management Group

Lets dig into what the Philadelphia government is proposing, and what it could mean for your next move. As a property management company in Philadelphia , weve seen firsthand how tough moving can be for renters, especially when it comes to the upfront costs. Read along to know more. What is the Move-In Affordability Plan?

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A Caution to AI: The Possibility of Fair Housing Violations in Communication and Payments

American Apartment Owners Association

Technology has fundamentally reshaped the way property managers and their staff interact with residents. With new advancements in artificial intelligence (AI), many tools that properties use for payments and resident communication are being upgraded.

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How are HOAs using AI to improve operations?

Condo Control

Instead of needing help from a human (property manager or board member), owners can pull out their phones, log on to Condo Control, and share their questions with the chatbot. From governing documents to contracts, records must be preserved by the association. Without it, property values (and the properties themselves) crumble.

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How are HOAs using AI to improve operations?

Condo Control

Instead of needing help from a human (property manager or board member), owners can pull out their phones, log on to Condo Control, and share their questions with the chatbot. From governing documents to contracts, records must be preserved by the association. Without it, property values (and the properties themselves) crumble.

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Washington State Rent Control: What Multifamily Property Owners and Investors Need to Know Now

Rental Housing Journal

For multifamily property owners and investors, this new law has significant implications. It affects the amount by which rents can increase each year, changes income and expense planning, and may influence property values. Owner-occupied properties with four or fewer units. It only applies to increases on or after that date.