Mem Property Management

FEBRUARY 10, 2025

However, towing a vehicle in New Jersey requires compliance with the Predatory Towing Prevention Act. If your community is considering or is interested in more information about booting vehicles for parking violations, please consult with your attorney.

License

ADDA

JULY 23, 2025

You should definitely consult a legal expert if: Your community has multiple towers, mixed-use areas, or unclear builder documentation There is disagreement among residents or unclear ownership records You are registering under a newer Apartment Ownership Act and are unfamiliar with the forms (e.g.,

Government

HOA Managememt

MAY 8, 2025

HOAs must enforce rules uniformly and without discrimination, in compliance with federal and state fair housing laws. When in doubt, both board members and homeowners should consult: A licensed attorney A professional Alabama HOA management company These experts can ensure compliance with Alabama law and help navigate complex disputes.

Condominium

Buildium

APRIL 21, 2025

These types of trust accounts are often prepared by an attorney and come with several pieces of documentation such as notarized trust certification, estate rules, etc; None of which applies to a property management business! If the answers are not clear, ask to speak to a compliance department agent for clarification or confirmation.

Property Manager

American Apartment Owners Association

JANUARY 22, 2025

Its essential to consult with an attorney, business consultant, or accountant in your state. Its wise to consult with a licensed and trusted legal or accounting professional to ensure your due diligence. This makes an LLC ideal for partnerships and also solopreneurs.

Real Estate

Yardi Breeze

DECEMBER 12, 2024

The bottom line : protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). or any of its affiliates.

Compliance

American Apartment Owners Association

AUGUST 7, 2022

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. Keep reading and explore our guide to rent increase notices, compliance and more. Ready to get started? What causes rent to increase?

Compliance

American Apartment Owners Association

AUGUST 7, 2022

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. Keep reading and explore our guide to rent increase notices, compliance and more. Ready to get started? What causes rent to increase?

Compliance

American Apartment Owners Association

DECEMBER 9, 2024

Implementproactive maintenancestrategies and legal compliance measures to control costs and legal liabilities. Ensure legal compliance to mitigate risks. Another important element of due diligence is evaluating theproperty’s maintenance and legal compliance. Diversify your portfolio strategically to spread risks.

Real Estate

American Apartment Owners Association

JULY 15, 2024

Furthermore, consulting with a fair housing attorney is crucial to establishing a robust, consistent verification process that meets legal standards. This approach ensures compliance and maintains a uniform policy across all resident requests, safeguarding the property management against potential legal challenges.

Property Manager

Buildium

DECEMBER 30, 2024

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

Property Manager

Buildium

OCTOBER 21, 2024

You’ll also need to budget for attorney fees. Whether it’s consulting with outside counsel on things like emotional support animal (ESA) applications, handling delinquencies, or managing collections, legal costs can add up. Since collections are heavily regulated, familiarize yourself with the rules. When they do, try not to panic.

Finance

Yardi Breeze

NOVEMBER 22, 2024

Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). What if someone isnt sure what to do next?

Compliance

Yardi Breeze

NOVEMBER 22, 2024

TL;DR : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCEN’s BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). What if someone isn’t sure what to do next?

Compliance

American Apartment Owners Association

DECEMBER 16, 2024

CHAT WITH AN ATTORNEY Legal Responsibilities Of Landlords And Tenants Understanding the legal responsibilities of landlords and tenants is crucial to establishing a fair and mutually respectful relationship. Checking compliance with lease terms, such as pet policies or smoking restrictions. Need Legal Help? Ask unlimited questions.

Landlord

Yardi Breeze

JANUARY 3, 2025

The bottom line : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines. Non-compliance may lead to steep penalties, including fines and criminal liability.

Compliance

American Apartment Owners Association

JANUARY 27, 2025

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property

Bay Property Management Group

NOVEMBER 27, 2024

After all, documentation provides proof of the HOA’s actions and decisions, which ensures transparency and compliance with applicable laws. Consult an Attorney – If your HOA violates the governing documents, contact an attorney specializing in HOA disputes.

Government

Beach Front Property Management

NOVEMBER 6, 2024

Consider Mediation or Legal Advice : Consult a mediation service or attorney if direct communication does n o t resolve the matter. Mediators facilitate compromise, while attorneys provide essential legal guidance. Present your evidence and encourage open dialogue for a mutually beneficial solution.

Lease

American Apartment Owners Association

DECEMBER 9, 2024

The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations. swapping a property owned by an LLC with one owned by an individual) These pitfalls can be avoided by working with a team of experienced professionals, including real estate attorneys, tax advisors, and qualified intermediaries.

Real Estate

Real Property Management Evertrust

OCTOBER 7, 2024

Unclear Lease Terms Another rookie mistake is not having a solid, legally binding lease agreement that clearly outlines tenant expectations, rent payment dates, and consequences for non-compliance. This involves submitting a complaint and providing evidence of the tenant’s non-compliance (e.g., unpaid rent, photos of property damage).

Tenant

Esquire Property Management Group

OCTOBER 9, 2024

To qualify, tenants must furnish a written declaration affirming compliance with these parameters, along with self-attestation regarding their workforce size. Local district attorneys have been granted authority to enforce these requirements, necessitating a rigorous adjustment to leasing practices.

Lease

Muldoon Associates

NOVEMBER 7, 2024

Have an attorney or a Colorado Springs property manager review your lease to ensure it complies with local laws. Consulting Experts. Implementing Compliance Procedures. Consult with an agent who specializes in rental properties. Setting Incorrect Rental Rates This is a big mistake and we see it quite frequently.

Lease Agreement

Hospitable

DECEMBER 20, 2024

US Short-Term Rental Tax FAQs By The Hospitable Team Industry Insights In this episode of the Hospitable Hosts podcast, our special guest is Jeff Cottle , a Senior Attorney at Anderson Business Advisors. Jeff explains complex legal principles and complicated vacation rental tax rules in simple terms.

Attorney

Young Management

MARCH 14, 2024

To ensure compliance and clarity regarding the notice period for rent increases, it’s advisable to consult the relevant local regulations. Provide Proper Notice: Adhere to local laws regarding the notice period for rent increases to maintain compliance and respect towards your tenants.

Rent

Young Management

JUNE 12, 2024

Changes in zoning laws, rent collection policies , and building codes can impact your property’s profitability and compliance. Legal and Regulatory Compliance Stay informed about local laws and regulations related to rental properties. What Specific Risk Mitigations Can I Implement to Minimize Risk?

Property

Florida Property Management

SEPTEMBER 11, 2023

Legal and Compliance Risks Navigating the legal landscape of property management can be tricky. It's also advisable to consult with an attorney or a property management professional who can provide guidance and ensure compliance with relevant laws.

Management

Real Property Management Choice

APRIL 11, 2024

If you find yourself unable to collect rent from your tenant, unable to bring them into compliance after a lease violation, or you suspect the tenant is breaking the law or doing something illegal inside your property, get help from a local property manager or an attorney right away. Lease violations. We can help you.

Landlord

MRI Software

FEBRUARY 8, 2025

Check compliance with zoning, safety regulations, and local market conditions. Verify property titles, ensure zoning compliance, and address safety regulations to avoid legal or operational issues. Finalize the agreement by consulting with a real estate attorney to include legal safeguards and secure a reliable, long-term arrangement.

Lease Agreement

Esquire Property Management Group

DECEMBER 11, 2023

Landlords and property managers need to familiarize themselves with the ins and outs of insurance policies and coverage details to verify tenants’ compliance with lease agreement terms. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.

Insurance

MRI Software

DECEMBER 4, 2024

Developers must navigate these rules to avoid legal or financial setbacks and to ensure compliance from the beginning. Property management tools can assist in tracking compliance with complex zoning requirements, such as those around height and density. How does multifamily zoning differ from other zoning types?

Regulation

MRI Software

FEBRUARY 26, 2025

Seeking guidance from a zoning consultant or legal expert can simplify the process and increase your chances of success. Hiring experienced professionals, such as zoning attorneys and planning consultants, can provide valuable guidance and ensure compliance with all requirements. How do you demonstrate community benefit?

Applications

Host Tools

JANUARY 8, 2025

If you’re already invested, Hire an attorney or local consultant who specializes in rental compliance. Townhomes located in areas with strict HOA (Homeowners Association) rules may also face additional hurdles. Tip: Research local and HOA regulations thoroughly before purchasing a townhome.

Airbnb

Property Management Inc.

NOVEMBER 26, 2024

Non-Compliance With Rent and Eviction Control Laws Some areas have rent control laws that limit your ability to increase rent or evict tenants without just cause. Consulting with a local housing attorney can help you anticipate and avoid these roadblocks. Ambiguity could open the door to challenges.

Landlord

SparkRental

NOVEMBER 28, 2024

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Not only are suits in small claims affordable, but they also offer the option for you to represent yourself with no attorney or legal fees.

Contractors

MRI Software

DECEMBER 4, 2023

This will help ensure compliance with legal procedures and that you are protecting the tenant’s rights. It’s advisable to consult with an attorney who specializes in landlord-tenant law to guide you through this process. The second reason is to grasp the requirements for eviction notices and tenant rights.

Lease Agreement

American Apartment Owners Association

JANUARY 22, 2025

Its essential to consult with an attorney, business consultant, or accountant in your state. Its wise to consult with a licensed and trusted legal or accounting professional to ensure your due diligence. This makes an LLC ideal for partnerships and also solopreneurs.

Real Estate