HOA Managememt

MAY 8, 2025

These associations play a vital role in maintaining shared spaces and ensuring harmony through community rules and regulations. Alabama Homeowners Association Act (2015) Effective January 1, 2016, Alabamas Homeowners Association Act governs homeowners associations created after that date.

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! Consult your local regulations for specific requirements. What types of funds should be kept in a trust account?

Property Manager

Condo Control

MARCH 19, 2025

Find out how an attorney might approach some of the new Florida laws Many owners were excited, or at least optimistic about the possibility of having more freedom and transparency in their neighborhoods. You should always consult with an attorney for advice about specific situations. And its not just HOAs.

Attorney

Yardi Breeze

DECEMBER 12, 2024

Erica Hanichak, government affairs director at the Financial Accountability and Corporate Transparency Coalition, is telling businesses they should still file their information. To uphold industry trust and transparency, it matters that your business takes steps to be in line with federal regulations. Even so, that could be years away.

Compliance

American Apartment Owners Association

NOVEMBER 27, 2024

Goodman Real Estate, through a subsidiary that owns a 254-unit apartment building near Fourth Avenue South and South Jackson Street, filed the lawsuit, calling for unspecified financial damages and a change to city regulations. 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

NOVEMBER 21, 2024

Please note that local, state, and federal regulations determine what you can and cannot ask. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. What is included in a rental application? Social Security Number.

Applications

American Apartment Owners Association

DECEMBER 16, 2024

Understanding the rules and regulations surrounding a landlords right to entry is crucial in maintaining a harmonious landlord-tenant relationship and avoiding any legal disputes. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. Need Legal Help?

Landlord

Condo Control

JANUARY 10, 2025

Inform the HOAs attorney All lawsuits are subject to strict filing deadlines. As a result, the board should reach out to the associations attorney as soon as the HOA is served. While there are certain commonalities and federal regulations that all HOAs adhere to, bylaws and rules can vary greatly from one community to another.

Litigation

Buildium

DECEMBER 30, 2024

Advertising to influence government legislation, however, is never deductible. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business. A single account through which all money passes simply wont cut it.

Property Manager

Yardi Breeze

NOVEMBER 22, 2024

To get you the best information possible, we spoke to Joe Riter, senior manager of public policy at the National Apartment Associations (NAA) Government Affairs department. To uphold industry trust and transparency, it matters that your business takes steps to be in line with federal regulations. Even so, that could be years away.

Compliance

American Apartment Owners Association

DECEMBER 2, 2024

Fundraising new debt was the company’s business,” an attorney representing some investors told a judge, the Seattle Times reported. Hashimoto told investors that the investment was bulletproof because it was guaranteed by a government contract. But the government contract never existed. Society wouldn’t work that way.”

Government

Yardi Breeze

JANUARY 3, 2025

At least until that hearing is resolved, there will be no Beneficial Ownership Information (BOI) reporting requirements enforced by the federal government. To get you the best information possible, we spoke to Joe Riter, senior manager of public policy at the National Apartment Associations (NAA) Government Affairs department.

Compliance

American Apartment Owners Association

SEPTEMBER 13, 2022

Its implemented by government programs in key municipalities across the U.S. there have been increased rent regulation discussions brought to the table especially in highly-populated areas with plateaued wages. The other is a rent control program that was enacted in the 1970s to stabilize and regulate rent prices.

Rent

Yardi Breeze

NOVEMBER 22, 2024

To get you the best information possible, we spoke to Joe Riter, senior manager of public policy at the National Apartment Association’s (NAA) Government Affairs department. To uphold industry trust and transparency, it matters that your business takes steps to be in line with federal regulations. Even so, that could be years away.

Compliance

American Apartment Owners Association

DECEMBER 9, 2024

To comply with IRS regulations, you must adhere to the following rules: 45-Day Identification Period: Within 45 days of selling your property, you must identify potential replacement properties. The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations.

Real Estate

Bay Property Management Group

DECEMBER 2, 2024

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. Essentially, you should check your local regulations to see what applies to you. Then, an escrow account may hold your rent as the issue is resolved.

Landlord

American Apartment Owners Association

NOVEMBER 21, 2024

Please note that local, state, and federal regulations determine what you can and cannot ask. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. What is included in a rental application? Social Security Number.

Applications

Florida Property Management

JULY 3, 2023

APPROPRIATION: $711,000,000 Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon becoming a law, this act shall take effect July 1, 2023 Last Action: 3/30/2023 - Chapter No.

Government

Renjoy

MAY 31, 2023

To Have a Short Term Rental, Owners Need to: Research local regulations and restrictions before considering short-term rentals. Some cities and municipalities have enacted strict regulations to govern short term rentals, while others have banned them altogether. Register for any necessary licenses through the city.

License

MRI Software

DECEMBER 4, 2024

Multifamily zoning regulations are a crucial part of urban planning, shaping how land can be used for residential development. These regulations set the rules on where you can build, what you can construct, and how your project aligns with community standards. What regulations govern multifamily zoning?

Regulation

Condo Control

NOVEMBER 11, 2024

Many states have or are considering enforcing laws that regulate reserves. An association’s governing documents may contain stricter requirements. Even if your state does not have laws that mandate reserve studies, your governing documents may still make it mandatory for the condo or HOA to conduct regular studies.

Condominium

Esquire Property Management Group

OCTOBER 9, 2024

Operating Expense Pass-Through Regulations: New restrictions will be enacted concerning the pass-through of operating expenses in month-to-month tenancies. 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. Fair housing, habitability standards, eviction procedures, and security deposit returns are all governed by state and federal laws. Regularly update yourself on relevant laws and regulations. Consulting Experts.

Lease Agreement

Real Property Management DC Metro

MAY 25, 2018

Managing your own property can be challenging in itself, plus the many rules and regulations that you have to adhere to results to a very tiresome and time-consuming task. There are codes of conduct you must follow to accommodate persons with disabilities. What is a Reasonable Request?

Single-Family Home

Real Property Management California Coast

MAY 25, 2018

Making that kind of violation, even accidentally, can result in years spent in court, and dollars you would rather not part with spent on expensive attorneys. Refusal to provide reasonable accommodations can be viewed as a violation of the Fair Housing Act. What is a Reasonable Request? That is, after all, what we are here for.

Single-Family Home

Real Property Management California Coast

FEBRUARY 18, 2022

The laws that govern the relationship between an agent and their clients differ from state to state. Limitations on Use In all states, local regulations will rule how a property owner may put into service their property. Real Estate Agency and Licensing Law One of the significant people on your investing team is your real estate agent.

Real Estate

Real Property Management DC Metro

FEBRUARY 17, 2022

The laws that govern the relationship between an agent and their clients differ from state to state. Limitations on Use In certain states, local regulations will determine how a property owner may use their property. Real Estate Agency and Licensing Law One of the pivotal people on your investing team is your real estate agent.

Real Estate

Mem Property Management

JULY 24, 2024

In this article: The Importance of an HOA Electric Car Charging Policy Understand Your Governing Documents Who Pays for Electric Car Charging Stations? As a result, these communities lack the guidance and provisions they require to govern the installation and management of charging stations. Who Pays for Electric Car Charging Stations?

Government

MRI Software

FEBRUARY 26, 2025

You’ll learn about zoning regulations, the step-by-step rezoning process, and how to build a strong case for approval. They regulate key factors such as building density, height limitations, and property usage to ensure urban development aligns with long-term community planning goals. How do you demonstrate community benefit?

Applications

MRI Software

DECEMBER 4, 2023

Familiarize yourself with local laws and regulations Eviction laws and regulations vary widely across the country. This makes it vital for property managers to familiarize themselves with the specific laws governing their area. A well-organized digital record can make the eviction process smoother and more transparent.

Lease Agreement

Thanks For Visiting

DECEMBER 26, 2024

However, local and state regulations vary, so understand how they intersect with Airbnbs service animal policy. Check with local governments or attorneys about guest service animal rights. These support animals are intended to assist people but should not cause a financial burden. Make special notes.

Airbnb

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

Real Property Management Chicago

DECEMBER 5, 2024

Keep reading to learn the nitty-gritty of fair housing regulations, common compliance problems, and ideal practices for rental property owners and managers. Aside from federal regulations, several state and local laws provide extra protections for renters.

Compliance

HOA Managememt

JANUARY 14, 2025

While mainly governed by your associations bylaws and governing documents, most states have legislation that provides HOA proxy voting rules. Generally, proxy voting is governed by the HOAs bylaws, but most states have set standards that homeowners and associations may follow. What is Proxy Voting?

Government

HOA Managememt

FEBRUARY 27, 2025

Here are some tips for your HOA to follow: Regularly Update Governing Documents The HOA board must regularly reexamine your community’s policies to see if they align with updates to anti-discrimination laws. They must also be open to granting exceptions to strict pet regulations for service and emotional support animals.

Compliance