Buildium

JUNE 25, 2025

Apartment management demands a careful balance of tenant satisfaction, building upkeep, financial control, and regulatory compliance. This guide covers what you need to know about leasing, communication, maintenance, budgeting, staffing, compliance, technology, and growth strategies. Invest in people who share your standards.

Apartment Management

Yardi Breeze

FEBRUARY 26, 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

Condo Control

JULY 8, 2025

This number will be adjusted annually for inflation starting February 2026. Community association managers (CAMs) and professionals Legal compliance CAMs and firms may not knowingly follow directives that violate state or federal laws. Meeting attendance CAMs must attend at least one board or membership meeting in person each year.

Condominium

Rental Housing Journal

JULY 15, 2025

Eric Teusink , an Atlanta-area real estate attorney, told the Associated Press that several of his clients recently received subpoenas asking for entire files on tenants. One of these documents, dated May 1, is signed by an officer with the U.S. After consulting with immigration attorneys, he concluded that compliance is optional.

Landlord

Property Management Inc.

JUNE 13, 2025

Preparing for the Eviction Process The Eviction Process The eviction process begins with thoroughly documenting the tenant's violations. Crafting a Legally Binding Written Notice A written notice isn't just a letter; it's a legal document. Know Your Legal Framework Compliance is key for landlords.

Landlord

InveServe

JULY 9, 2025

ADA Compliance Greater Los Angeles has strict rules about accessibility for people with disabilities, so the lease should clearly state who is responsible for any necessary Americans with Disabilities Act ( ADA ) upgrades, both at the start and throughout the lease term. This can be a substantial cost.

Commercial Property

Rental Housing Journal

APRIL 22, 2025

Fair-housing training isnt just a compliance checkbox; its a core part of operational risk management. The Real Cost of Non-Compliance Across the property-management industry, professionals who handle internal audits and compliance reviews regularly see the same cycle: Organizations forgo training, assuming they can circle back later.

Compliance

Property Management Inc.

JULY 11, 2025

It’s a formal legal process that requires precision, compliance with local and state laws, and a clear understanding of tenant rights. Using eviction notice templates and forms can save time and ensure compliance with landlord-tenant laws. It is essential always to consult state and local laws to ensure compliance.

Lease Agreement

ADDA

JULY 23, 2025

Collect Documents Frequently needed documents are: Memorandum of Association (MoA) – signed by founding members Bye-Laws – signed copies governing membership, governance, and operations. Builder Non-Cooperation: Postponements in document handover or NOC Legal Confusion: Incorrect Act Selection (e.g.,

Government

RL Property Management

JUNE 23, 2025

Showing the property, processing applications, preparing new lease documents, and managing the move-in process all take considerable effort. Clear Lease Agreements: The Foundation for Tenant Retention in Columbus A well-crafted lease agreement is more than just a legal document. Administrative Time: Your time is valuable.

Tenant

RL Property Management

JANUARY 20, 2025

Being a landlord in Columbus, Ohio, comes with more than just managing properties and collecting rentit requires a clear understanding of Columbus rental laws to ensure compliance. In recent blogs, we reviewed the hidden risks of non-compliance and shared essential dos and donts for landlords.

Landlord

HOA Managememt

MAY 8, 2025

Existing HOAs can opt in by amending their governing documents. Mandates disclosures to buyers about HOA membership, assessments, and governing documents. Some sections, particularly those regarding governance and enforcement, may apply retroactively to older condominiums unless their governing documents state otherwise.

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. File Articles of Organization: Submit this foundational document to your states Secretary of State office for example, the requirements to form an LLC in Florida include outlining basic details about your business.

Real Estate

Forbes Business Council

JUNE 10, 2025

These capabilities are allowing attorneys to work smarter and faster, saving significant time and reducing dependency on localized knowledge. Dorna Moini, CEO of Gavel, forecasts that by the end of 2025, up to 90% of legal services will be provided through online platforms, driven by consumer demand and attorney adoption of technology.

Attorney

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). What if someone isnt sure what to do next?

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

Bay Property Management Group

NOVEMBER 27, 2024

Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. That said, when board members fail to adhere to these documents, it can lead to legal disputes. Failing to Provide the Right Documentation There are several crucial documents that HOAs must have.

Government

Buildium

OCTOBER 21, 2024

Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits. You’ll also need to budget for attorney fees. Review how many hours your association’s attorney typically bills each month so you can plan for those expenses accordingly.

Finance

Beach Front Property Management

NOVEMBER 6, 2024

Document the Violation : Record details of the violation, including dates, times, and any supporting evidence, such as photos, emails, or witness statements. Consider Mediation or Legal Advice : Consult a mediation service or attorney if direct communication does n o t resolve the matter. Prioritize collaboration over conflict.

Lease

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

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. Checking compliance with lease terms, such as pet policies or smoking restrictions. Need Legal Help?

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

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. Start with a polite conversation and document everything in writing. If tenants don’t know the rules, they are more likely to break them.

Tenant

American Apartment Owners Association

DECEMBER 9, 2024

The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations. A good QI will help you navigate deadlines, documentation, and the specific regulations associated with 1031 exchanges. To ensure the process runs smoothly, its essential to work with a knowledgeable and experienced QI.

Real Estate

Bay Property Management Group

NOVEMBER 18, 2024

For example, you can find the Consumer Guide to Tenant and Landlord Rights from the Pennsylvania Attorney General a helpful guide for those in Philadelphia and nearby. Each state typically has a similar document that you can examine in order to find specific regulations on this matter. Look closely at your place.

Lease

Florida Property Management

JULY 23, 2021

As per Florida Law you when you are aware of this situation you must first serve a 7 day Notice of Non Compliance with an opportunity to Cure. After the expiration of the 7 day notice if the situation persists you can then file for an eviction based on the non compliance or breach of lease terms and conditions.

Compliance

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. Landlords will need to provide “supporting documentation” for applicable costs, which must be limited to expenses related to operation, maintenance, and repair.

Lease

Esquire Property Management Group

NOVEMBER 14, 2024

This fee may include the costs of filing court documents, appearing in court, and hiring a legal representative. Many property managers do not charge eviction fees, but merely pass along the costs of the process services, and eviction attorneys directly to the owners. These fees are generally nominal, ranging from $50 to $200 annually.

Commercial Property Management

Florida Property Management

JUNE 26, 2020

There will be a thorough inspection to document the condition of your property. Communicating with owners, tenants, vendors, and other interested parties such as insurance agents, attorneys, accountants, and other professionals. This should include: Rent collection. This takes a lot of risk and liability off your plate.

Property Manager

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

Young Management

MARCH 14, 2024

What is a Rent Increase Letter A Rent Increase Letter is a formal document that a landlord sends to a tenant to inform them of an upcoming increase in their rent. To ensure compliance and clarity regarding the notice period for rent increases, it’s advisable to consult the relevant local regulations.

Rent

SparkRental

NOVEMBER 28, 2024

Additional Documentation to Support Your Case Remember to maintain a collection of supporting evidence beyond the basic paperwork to strengthen your position if issues with the contractor escalate. Some things to consider as you document their misdeeds: Did they ever not show up when they were supposed to? Did they go over budget?

Contractors

MRI Software

FEBRUARY 26, 2025

Each phase demands thorough planning, detailed documentation, and proactive engagement with local authorities and community stakeholders. This application typically requires a detailed site plan, a comprehensive project description, and supporting documents such as traffic and environmental impact studies.

Applications

MRI Software

DECEMBER 4, 2023

This document outlines the rights and responsibilities of both parties, which is essential to know before pursuing an eviction process. This will help ensure compliance with legal procedures and that you are protecting the tenant’s rights. The second reason is to grasp the requirements for eviction notices and tenant rights.

Lease Agreement

Property Management Inc.

NOVEMBER 26, 2024

Vague or Incorrect Information Like other legal documents, a notice to quit must contain accurate information. 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. Ambiguity could open the door to challenges.

Landlord