American Apartment Owners Association

JANUARY 22, 2025

Its essential to consult with an attorney, business consultant, or accountant in your state. Secure Necessary Permits and Licenses: Research local laws and policies to guarantee your business complies with zoning laws and other regulations. This makes an LLC ideal for partnerships and also solopreneurs.

Real Estate

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

Buildium

DECEMBER 17, 2024

Under IRS regulations, any personal property you buy for your business that costs less than $200 is deductible as materials and supplies. Deductions on Legal and Professional Services You can deduct fees that you pay to attorneys, accountants, consultants, and other professionals if the fees are paid for work related to your business.

Property Management

American Apartment Owners Association

NOVEMBER 7, 2024

Standards of habitability include a tenants ability to regulate and maintain a safe and comfortable home temperature. For example, they must guarantee that it does not contain lead-based paint, asbestos, mold or other dangerous environmental toxins and install smoke and carbon monoxide detectors in each unit according to local regulations.

Tenant

American Apartment Owners Association

OCTOBER 11, 2024

National Multifamily Insurance Crisis : Expert insights on how landlords can navigate the skyrocketing insurance premiums. Eviction Notices : Attorney, Tracey Merrell, will be covering Californias new eviction regulations. Eviction Notices : Attorney, Tracey Merrell, will be covering Californias new eviction regulations.

Apartment

Buildium

DECEMBER 30, 2024

Insurance Insurance you buy for your business, such as business liability or property insurance. If you have a home office, you can deduct some of your homeowner’s insurance. This deduction is scheduled to end on Jan. 1, 2026 (but it could be extended) and is not available to employees.

Property Management

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. From there, your insurance agent can walk you through whether your current coverage is adequate for the property and what the premiums will look like for the upcoming year.

Finance

American Apartment Owners Association

NOVEMBER 21, 2024

Please note that local, state, and federal regulations determine what you can and cannot ask. Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. What is included in a rental application?

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

American Apartment Owners Association

OCTOBER 11, 2024

National Multifamily Insurance Crisis : Expert insights on how landlords can navigate the skyrocketing insurance premiums. Eviction Notices : Attorney, Tracey Merrell, will be covering Californias new eviction regulations. Eviction Notices : Attorney, Tracey Merrell, will be covering Californias new eviction regulations.

Apartment

American Apartment Owners Association

JANUARY 27, 2025

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property

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. Contact the HOAs insurance company The association must also notify its insurance carrier upon service of the lawsuit.

Litigation

American Apartment Owners Association

NOVEMBER 7, 2024

Standards of habitability include a tenants ability to regulate and maintain a safe and comfortable home temperature. For example, they must guarantee that it does not contain lead-based paint, asbestos, mold or other dangerous environmental toxins and install smoke and carbon monoxide detectors in each unit according to local regulations.

Tenant

Condo Control

NOVEMBER 21, 2024

Florida HOAs need a website and must post records As of January 1, 2025, HB 1203 requires all HOAs that contain 100 parcels or more to maintain a website, and host digital copies of most of the association’s official records, including articles of incorporation, CC&Rs, bylaws, rules and current insurance policies.

Condominium

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. Increased insurance premiums, taxes and/or utilities. Ensuring compliance with state laws and regulations Some properties are subject to rent control laws.

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. Increased insurance premiums, taxes and/or utilities. Ensuring compliance with state laws and regulations Some properties are subject to rent control laws.

Compliance

Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. All landlords and commercial property managers should require tenants to have various forms of insurance depending on the type of business operations occupying the relevant space.

Insurance

Buildium

MAY 15, 2025

Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental investment. List your expected rent income and subtract all expenses, such as your mortgage, taxes, insurance, maintenance, and vacancy periods. Your professional network is another huge advantage.

Property Management

Muldoon Associates

NOVEMBER 7, 2024

Have an attorney or a Colorado Springs property manager review your lease to ensure it complies with local laws. Regularly update yourself on relevant laws and regulations. Inadequate Insurance Coverage Investors in real estate understand how important it is to protect their assets. That starts with good insurance.

Lease Agreement

Muldoon Associates

DECEMBER 5, 2024

Licensed and insured contractors bring a level of expertise that ensures the job is done correctly and safely, minimizing the risk of future repairs and costly damages. Their familiarity with local building codes and regulations also guarantees that the work is compliant with legal standards , thereby reducing your liability.

Contractors

American Apartment Owners Association

NOVEMBER 21, 2024

Please note that local, state, and federal regulations determine what you can and cannot ask. Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. What is included in a rental application?

Applications

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. Ensure that the property’s zoning allows for short-term rentals.

License

Young Management

JUNE 12, 2024

Regulatory Risk Real estate investments are subject to various local, state, and federal regulations. Stay informed about current regulations and potential changes that could affect your investment. Insurance Adequate insurance coverage is vital for protecting your investment.

Property

Florida Property Management

JUNE 26, 2020

Communicating with owners, tenants, vendors, and other interested parties such as insurance agents, attorneys, accountants, and other professionals. Compliance with Florida Rental Laws Renting out a home requires you to follow all local, state, and federal laws and regulations. Responding to tenant concerns and questions.

Property Management

Second Nature

OCTOBER 1, 2024

PMCs are delivering resident benefits like credit reporting, renter’s insurance programs, pet guarantees, and more. This could include tasks such as tenant screening, resident benefits, renters insurance programs , rent collection, maintenance and repair coordination, lease enforcement, financial reporting, and more.

Property Management

Host Tools

JANUARY 8, 2025

Rental regulations and zoning laws Many cities impose restrictions on short-term rentals to address community concerns. These regulations may limit where short-term rentals can operate or stipulate minimum stays. Tip: Research local and HOA regulations thoroughly before purchasing a townhome.

Airbnb

Real Property Management California Coast

FEBRUARY 18, 2022

Be that as it may, there are so many differences among state laws with who will handle the transfer (your real estate agent or an attorney, for example), whether title insurance is required, who pays which closing costs, and who owns the property on the day of closing.

Real Estate

Real Property Management DC Metro

FEBRUARY 17, 2022

But, really, there are a lot of differences among state laws in regard to who will handle the transfer (your real estate agent or an attorney, for example), whether title insurance is required, who pays which closing costs, and who owns the property on the day of closing.

Real Estate

MRI Software

FEBRUARY 8, 2025

Financial arrangements: Common structures include gross leases, where tenants pay a fixed amount, and triple-net leases, where tenants cover property taxes, insurance, and maintenance. Check compliance with zoning, safety regulations, and local market conditions. Performing due diligence is a critical step in the process.

Lease Agreement

SparkRental

NOVEMBER 28, 2024

During the hiring process, you should have collected copies of their license, bonding, and insurance paperwork and a clear written contract with the scope of work. File a Bond Insurance Claim Before proceeding, note that you can only file a claim if the contractor is bonded.

Contractors

AirHost Academy

NOVEMBER 14, 2023

Local Laws and Taxes Many cities have specific laws and regulations when it comes to short-term rentals. Others have imposed strict regulations, which can be very limiting. Make Your Airbnb Business Legal Before you list your property, we recommend you consult a business attorney to set your Airbnb business up for success.

Airbnb

Mem Property Management

JULY 24, 2024

As always, it is best for HOA boards to seek help from an attorney or their HOA management company when interpreting their rights, powers, and obligations. As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor. Who Pays for Electric Car Charging Stations?

Government

Nest DC

DECEMBER 16, 2024

Answer: This is a complex situation that requires careful navigation of DC regulations. Question: What is the best way to get DC tenants to leave when they do not pay their entire rent on a regular basis? This process starts with the service of a legal document - a notice of intent to file a claim.

Maintenance

American Apartment Owners Association

NOVEMBER 18, 2024

Every state has its own laws regulating the activities of property managers. Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. The post Who Needs a Property Management Company?

Property Management

American Apartment Owners Association

JANUARY 22, 2025

Its essential to consult with an attorney, business consultant, or accountant in your state. Secure Necessary Permits and Licenses: Research local laws and policies to guarantee your business complies with zoning laws and other regulations. This makes an LLC ideal for partnerships and also solopreneurs.

Real Estate

American Apartment Owners Association

NOVEMBER 18, 2024

Every state has its own laws regulating the activities of property managers. Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. The post Who Needs a Property Management Company?

Property Management

Gordon Property Management

OCTOBER 10, 2024

With rising property values and complex regulations and laws , protecting your real estate investments has never been more important. We aren’t attorneys. Tax Planning and Insurance Estate taxes and capital gains taxes can eat into your real estate assets. Make sure you’re fully insured.

Real Estate