HOA Managememt

MAY 8, 2025

Alabama Homeowners Association Act (2015) Effective January 1, 2016, Alabamas Homeowners Association Act governs homeowners associations created after that date. Existing HOAs can opt in by amending their governing documents. Mandates disclosures to buyers about HOA membership, assessments, and governing documents.

Condominium

Bay Property Management Group

MARCH 21, 2025

Tax Liens or Sales: Local governments may sell properties with unpaid taxes to recover the owed amount, often through tax lien auctions or tax deed sales. Work with your teamyour real estate agent, attorney, or title companyto handle the paperwork and wrap up the transaction. Ready to turn your distressed property into a success story?

IT

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. Numerous websites offer customizable lease templates that let you tailor clauses.

Lease

American Apartment Owners Association

NOVEMBER 21, 2024

All applicants over the age of 18 must be on the lease and should be screened. This statement can be used in a lease termination or eviction if the tenant misrepresents information on the application. Rushing into a lease agreement without an application and professional screening could end up being the biggest mistake you make.

Applications

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

Buildium

NOVEMBER 5, 2024

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

Property Manager

American Apartment Owners Association

NOVEMBER 27, 2024

The city council has been active the past few years in passing tenant protections such as caps on move-in fees, first qualified applicant rules, eviction rules, lease renewals and tenant screening rules. Source: Rental Housing Journal The post Seattle Landlord Sues The City Over Tenant Rules appeared first on AAOA.

Landlord

Condo Control

NOVEMBER 21, 2024

Owners living in California can elect directors and amend governing documents using electronic secret ballots as of January 1, 2025. The association may stop providing statements to an owner if collection activity begins by an attorney or collection agency that is not acting as the association’s managing agent.

Condominium

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

American Apartment Owners Association

OCTOBER 14, 2024

CHAT WITH AN ATTORNEY What is a Section 8 voucher? When the voucher holder finds a unit that it wishes to occupy and reaches an agreement with the landlord over the lease terms, the PHA must inspect the dwelling and determine that the rent requested is reasonable. Chat with a real estate lawyer near you. Ask unlimited questions.

Applications

American Apartment Owners Association

OCTOBER 14, 2024

CHAT WITH AN ATTORNEY What is a Section 8 voucher? When the voucher holder finds a unit that it wishes to occupy and reaches an agreement with the landlord over the lease terms, the PHA must inspect the dwelling and determine that the rent requested is reasonable. Chat with a real estate lawyer near you. Ask unlimited questions.

Applications

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.”

Lease

American Apartment Owners Association

SEPTEMBER 13, 2022

Rent control places a limit on how much a landlord can charge their tenants in their lease and lease renewal. Its implemented by government programs in key municipalities across the U.S. In contrast, rent stabilization refers to a government-set percentage that affects how much a landlord can increase monthly rent per year.

Rent

American Apartment Owners Association

NOVEMBER 21, 2024

All applicants over the age of 18 must be on the lease and should be screened. This statement can be used in a lease termination or eviction if the tenant misrepresents information on the application. Rushing into a lease agreement without an application and professional screening could end up being the biggest mistake you make.

Applications

Bay Property Management Group

DECEMBER 2, 2024

The only exception to these rules is when your lease agreement states otherwise. Reach Out to Your State Housing Agency If your landlord doesn’t respond to habitability complaints in the legally required timeframe, it’s time to report this violation to the government. Instead, you will be responsible for handling the issue yourself.

Landlord

American Apartment Owners Association

MARCH 24, 2023

Applicable Laws Under the laws of the most states in the United States, the law of quiet title is governed by state statutes and the case law authorities that interpret the state statutes. Nate Bernstein is a 30-year veteran Los Angeles real estate and business attorney and trial lawyer.

Litigation

American Apartment Owners Association

MARCH 24, 2023

Applicable Laws Under the laws of the most states in the United States, the law of quiet title is governed by state statutes and the case law authorities that interpret the state statutes. Nate Bernstein is a 30-year veteran Los Angeles real estate and business attorney and trial lawyer.

Litigation

Muldoon Associates

NOVEMBER 7, 2024

You need to get a resident in place who is dependable, financially able to pay rent, and willing to follow the lease terms and take care of your property. Inadequate Lease Agreements A poorly constructed lease agreement can leave you vulnerable to disputes and legal issues. Make sure your lease agreement is clear and consistent.

Lease Agreement

American Apartment Owners Association

DECEMBER 2, 2024

Evaluate traditional financing methods, government-backed loans, and private lending options. Engage with a reputable real estate attorney to ensure all legalities are in order and that the transaction progresses without a hitch. Closing the Deal: Finalize the terms, complete the paperwork, and close the deal.

Real Estate

Renjoy

MAY 31, 2023

Some cities and municipalities have enacted strict regulations to govern short term rentals, while others have banned them altogether. Some local governments allow whole homes to be leased as short-term rentals, while others restrict residents from leasing anything larger than a single room. Automate expenses 3.

License

Real Property Management California Coast

FEBRUARY 18, 2022

What you may actually not be aware of is that there are also a staggering selection of laws and legal matters that relate to buying and leasing rental homes. The laws that govern the relationship between an agent and their clients differ from state to state.

Real Estate

Real Property Management DC Metro

FEBRUARY 17, 2022

What you may not look into is that there is likewise an incredible heap of laws and legal matters that relate to buying and leasing rental homes. The laws that govern the relationship between an agent and their clients differ from state to state. Call today at 202-269-0303.

Real Estate

MRI Software

DECEMBER 4, 2024

Multifamily zoning governs the rules and regulations around building residential properties that include multiple housing units. What regulations govern multifamily zoning? Local governments are responsible for establishing and enforcing zoning regulations, which vary depending on the municipality.

Regulation

MRI Software

DECEMBER 4, 2023

Circumstances such as non-payment of rent, lease violations, and property damage can make tenant eviction necessary. 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.

Lease Agreement

Second Nature

JANUARY 29, 2025

State laws governing property management business Each property management companys approach is very dependent on regional or state regulations. Before taking any steps to either start or change your business, you need to have a clear understanding of the local laws governing your business venture.

Property Manager

MRI Software

DECEMBER 1, 2024

To be successful, you need to stay on top of multifamily property management tasks such as leasing, maintenance, and addressing tenant concerns. Many banks and government websites post available foreclosures, making them accessible to potential buyers. Where can investors find multifamily foreclosure listings?

Finance

MRI Software

FEBRUARY 26, 2025

Hiring experienced professionals, such as zoning attorneys and planning consultants, can provide valuable guidance and ensure compliance with all requirements. Demonstrating the community benefits of your multifamily project is crucial for gaining public and government support. How do you demonstrate community benefit?

Applications

Real Property Management Chicago

DECEMBER 5, 2024

Make sure that your lease terms, guidelines, and standards are equally fair to all tenants. Look up to an attorney or legal expert when creating policies or handling challenging situations. Be consistent with offering the same information, following the same procedures, and implementing the same follow-up actions for each candidate.

Compliance

Condo Control

FEBRUARY 13, 2025

There are hosting fees and maintenance fees to consider in addition to the initial cost of the site Has the board spoken with an attorney about the website and what information should be gated? For example, you can check local tides and weather, and any slips that are for sale or for lease. What are the requirements of the association?

Government

Rental Housing Journal

APRIL 14, 2025

These funds provide investors with substantial tax incentives while promoting economic development in designated Opportunity Zones, which are typically low-income areas selected by state governments and certified by the U.S. These rights are often leased to companies that extract resources, providing passive income in the form of royalties.

Rental Property