American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. The post How to Keep Your Tenants Safe appeared first on AAOA.

Tenant

Beach Front Property Management

NOVEMBER 6, 2024

Authorized Pets and Occupants : Lease agreements usually specify the number of occupants allowed and whether pets are permitted. Lease agreements often include quiet hours, and observing these helps prevent neighbor complaints. Any discriminatory actions violate lease terms and carry legal repercussions.

Lease

MRI Software

FEBRUARY 8, 2025

These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. Below we will explain what a master lease agreement is, its key components, and how to get a master lease agreement for multifamily properties. What is a master lease agreement?

Lease Agreement

American Apartment Owners Association

DECEMBER 9, 2024

Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. To safeguard your investments, it is important to consult withlegal professionalswho specialize in real estate to verify your property’s legal compliance status.

Real Estate

Beach Front Property Management

SEPTEMBER 26, 2024

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. Everything from unit number to location details must be in the lease.

Lease

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. Resolution Tip: Have a lawyer review your lease agreement to ensure it complies with state and local laws.

Tenant

Real Property Management Evertrust

OCTOBER 7, 2024

This can lead to tenants pushing boundaries—whether it’s paying rent late, violating the lease terms, or making unreasonable maintenance requests. The Fix: Set clear boundaries from the beginning by creating a detailed lease agreement. Your lease should outline: – Rent payment deadlines and consequences for late payments.

Landlord

American Apartment Owners Association

AUGUST 7, 2022

The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease. Proper notice can vary between 30 to 90 days. Excited to get started? Join AAOA today.

Compliance

American Apartment Owners Association

AUGUST 7, 2022

The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease. Proper notice can vary between 30 to 90 days. Excited to get started? Join AAOA today.

Compliance

Muldoon Associates

NOVEMBER 7, 2024

If a tenant makes a repair request and you don’t act on it right away, you will find yourself dealing with more significant problems down the line, including higher maintenance costs and potentially leaving your tenants dissatisfied and unlikely to renew their lease agreements. Make sure your lease agreement is clear and consistent.

Lease Agreement

American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. The post How to Keep Your Tenants Safe appeared first on AAOA.

Tenant

American Apartment Owners Association

NOVEMBER 21, 2024

Rushing into a lease agreement without an application and professional screening could end up being the biggest mistake you make. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Applications

American Apartment Owners Association

AUGUST 7, 2022

Once you have deemed you have a legal reason for eviction and youve given your tenant a fair warning through a written eviction notice, you can take the following steps to remove them: Sue for eviction/file an eviction lawsuit: Consider hiring a real estate attorney who handles residential evictions.

Tenant

American Apartment Owners Association

AUGUST 7, 2022

Once you have deemed you have a legal reason for eviction and youve given your tenant a fair warning through a written eviction notice, you can take the following steps to remove them: Sue for eviction/file an eviction lawsuit: Consider hiring a real estate attorney who handles residential evictions.

Tenant

Esquire Property Management Group

OCTOBER 9, 2024

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.” This requirement is applicable to all new leases executed post-January 1, 2025.

Lease

MRI Software

DECEMBER 4, 2023

Understand your lease agreement To navigate the multifamily tenant eviction process successfully, you will need to fully understand the lease agreement signed between you and your tenant. One of the main reasons to thoroughly understand the lease agreement is to determine the grounds for potential eviction.

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. And then you lower your taxable income, so you pay less taxes but still keep all that money."

Attorney

Nest DC

OCTOBER 24, 2023

Disputes may arise regarding lease agreements, security deposits, eviction processes, or tenant rights. You may even wish to consult with an attorney before finalizing your lease to ensure proper contracts are in place. Make sure you understand the applicable sections of the DC code.

Rent

Authority Property Management

JULY 5, 2024

Consulting with a real estate attorney or a property management professional can provide guidance tailored to your specific situation and location. Include clear clauses in your lease agreements regarding the handling of abandoned property. Any missteps in handling their belongings can lead to legal repercussions.

Landlord

Young Management

MARCH 14, 2024

Typically, landlords are required to give tenants a 30 to 60-day advance notice of a rent increase, which can vary based on the state laws and the specifics of the lease agreement. To ensure compliance and clarity regarding the notice period for rent increases, it’s advisable to consult the relevant local regulations.

Rent

Esquire Property Management Group

DECEMBER 11, 2023

Typically, landlords mandate tenants to maintain various forms of insurance coverage as a prerequisite or addendum to commercial lease agreements. Legal Defense Costs : Typically, CGL policies include coverage for legal defense costs, encompassing attorney fees, court expenses, and settlements or judgments.

Insurance

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. Something else to consider is your wait time.

Landlord

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. Contracts and Agreements Strong, legally sound contracts form the backbone of any real estate business.

Real Estate

Property Management Inc.

NOVEMBER 26, 2024

As a landlord, understanding what to do if your tenant breaks their lease is crucial for maintaining smooth operations and minimizing financial losses. Understanding the Lease Agreement At the core of any landlord-tenant relationship is the lease agreement, a legally binding contract that outlines the terms of the tenancy.

Lease

Rental Housing Journal

APRIL 14, 2025

Consulting a financial advisor like 1031 Capital Solutions and a tax professionalis highly recommended. Investors should stay informed about legislative developments and consult with tax professionals to navigate potential changes to the QOZ program. Will Trump Save Opportunity Zones In 2025?

Rental Property