RL Property Management

JANUARY 20, 2025

Overview of Columbus-Specific Rental Laws Navigating rental laws starts with understanding the Fair Housing Act (FHA), a federal law that protects tenants from discrimination when renting or buying a home. For more guidance on avoiding discriminatory language, check out the Ohio Attorney Generals Fair Housing Guide.

Landlord

American Apartment Owners Association

JANUARY 22, 2025

No matter if youre an independent landlord renting out a single-family home, a multifamily property owner managing multiple units, or a realtor expanding in property management, launching a real estate business is typically accompanied by unique legal challenges. This makes an LLC ideal for partnerships and also solopreneurs.

Real Estate

American Apartment Owners Association

DECEMBER 16, 2024

Understanding a lease violation is essential to managing lease violations effectively. When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. Lease terms must be reasonable, as unreasonable terms could create legal risks for property owners.

Lease

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? Agreement and authorization.

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. Privacy Both landlords and tenants have the right to privacy. Need Legal Help? Key Points: 1.

Landlord

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. 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. What causes rent to increase?

Compliance

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. 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. What causes rent to increase?

Compliance

Beach Front Property Management

NOVEMBER 6, 2024

Understanding a lease violation is essential to managing lease violations effectively. When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. Reading this agreement carefully before signing allows residents to discuss any terms they want to adjust.

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

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

Tenant

Beach Front Property Management

SEPTEMBER 26, 2024

When preparing a property for rent, you handle key tasks like painting, cleaning carpets, making minor repairs, and ensuring that plumbing, electrical, and HVAC systems are safe. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Will you impose late fees? If so, how much?

Lease

American Apartment Owners Association

DECEMBER 9, 2024

Analyzing rental trends, vacancy rates, and comparable rents can provide valuable insights into the property’sincome potentialand overall market stability. Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment.

Real Estate

Real Property Management Evertrust

OCTOBER 7, 2024

It’s tempting to rent to the first person who shows interest in your property, especially when your rental is sitting vacant. Failing to catch these early on can leave you with someone who doesn’t pay rent on time or damages your property. Make sure the tenant understands the lease before signing.

Tenant

Bay Property Management Group

NOVEMBER 18, 2024

Table of Contents Tenant Rights and Responsibilities How Can You Break Your Lease (in Philadelphia and Elsewhere) FAQ For Landlords: Consider BMG for Your Property Management Needs Tenant Rights and Responsibilities The rights and responsibilities of tenants can vary between localities and states. Another thing to consider is timing.

Lease

Real Property Management Evertrust

OCTOBER 7, 2024

While trusting your instincts is important, not screening tenants thoroughly can lead to issues like late rent payments, property damage, or even legal disputes. – Employment verification: To confirm they can afford the rent. The Fix: Set clear boundaries from the beginning by creating a detailed lease agreement.

Landlord

Rental Housing Journal

JANUARY 16, 2025

The Federal Trade Commission and the state of Colorado have sued Greystar, the largest multifamily operator in the United States, for deceiving tenants about monthly rent costs by tacking on numerous mandatory hidden fees on top of advertised prices, according to a release. Greystar advertises its available apartments widely.

Tenant

Bay Property Management Group

DECEMBER 2, 2024

Finally, as a last resort, some local laws may let you withhold your rent or use some of it to pay for repairs. The only exception to these rules is when your lease agreement states otherwise. After all, a rental agreement is legally binding. This could come in the form of rent withholding.

Landlord

Muldoon Associates

NOVEMBER 7, 2024

We are always encouraging real estate investors to buy and rent out property in Colorado Springs. Because we hate to see people make mistakes that have been made before, we’re exploring the top 10 mistakes Colorado Springs property owners make when they’re renting out a home. Make sure your lease agreement is clear and consistent.

Lease Agreement

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? Agreement and authorization.

Applications

American Apartment Owners Association

AUGUST 7, 2022

Unpaid rent is the primary reason to evict a tenant. However, you cannot ask them to pack their bags at a moments notice because you did not receive their rent payment. A formal written pay rent or quit (move out) notice will serve as your tenants heads up. Financial documents, like rent roll and bank statements.

Tenant

American Apartment Owners Association

AUGUST 7, 2022

Unpaid rent is the primary reason to evict a tenant. However, you cannot ask them to pack their bags at a moments notice because you did not receive their rent payment. A formal written pay rent or quit (move out) notice will serve as your tenants heads up. Financial documents, like rent roll and bank statements.

Tenant

American Apartment Owners Association

DECEMBER 2, 2024

Effective Property Management Proper management is vital for maximizing your multifamily investment: Tenant Screening: Implement a thorough screening process to select reliable tenants who pay rent on time. Regular Maintenance: Schedule routine maintenance to keep the property in excellent condition and prevent costly repairs.

Real Estate

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. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

Tenant

Young Management

MARCH 14, 2024

This article will guide you through the key factors to consider when creating a rent increase notice letter, ensuring that you maintain a positive relationship with your tenants and comply with legal requirements. What is the Maximum Rent Increase Allowed? This holds true for all forms of rental contracts.

Rent

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

Nest DC

OCTOBER 24, 2023

While renting out your property may be less than ideal, it could be the right choice for the short-term or even long-term. Bad tenants: Worry over problematic tenants is why many homeowners decide against renting, but we’re here to reassure you: leasing to bad tenants isn’t the norm. But if you have to move, what can you do?

Rent

California Pacific Realty

OCTOBER 3, 2024

So, consider offering shared rooms and community rental situations, especially if you are renting out a large home or a space with several bedrooms and bathrooms. Flexibility : Academic calendars dictate schedules, and so accommodating different types of lease lengths can be a significant advantage.

Rental Property

Property Management Inc.

NOVEMBER 26, 2024

How Rental Listing Scams Happen There’s some variation when it comes to rental scams, but they typically have two elements in common: 1) the perpetrators advertise a rental property they have no legal right to rent and 2) attempt to collect money from unsuspecting renters who are interested in that property.

Property Management

Esquire Property Management Group

NOVEMBER 14, 2024

The fee generally covers tasks such as rent collection, coordinating maintenance, responding to tenant inquiries, and managing lease renewals. Fees can also include a percentage of the common area charges, built into the tenant’s leases so the owner will be reimbursed for all management fees.

Commercial Property Management

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

Florida Property Management

FEBRUARY 23, 2017

There is a legal difference between pets and service animals, and it’s important that you understand that difference when you’re renting out a property. We recommend that if you do decide to allow pets, you create a pet addendum for your lease. This is like a pet rent that will be paid throughout the term of the lease.

Lease Agreement

Florida Property Management

JULY 23, 2021

How to deal with a person living in the premises that is not authorized in the Lease Agreement One of the problems one may face as a Landlord is to find out that a tenant has a person or persons living in the unit who is not an authorized person as per the lease agreement.

Compliance

Real Property Management Choice

JULY 21, 2015

This law applies to any lease executed, renewed or extended on or after 1st July 2015. However, this law exempts properties with less than five parking spaces or properties with subject to rent control. It states that the city attorney can demand that a landlord evicts a tenant for unlawful possession of weapons or ammunition.

Landlord

Real Property Management Choice

APRIL 11, 2024

Often, there are ways to avoid evicting a tenant, even if it means being flexible on when and how you collect rent. However, sometimes there is no other option; your tenant is being uncommunicative or combative, or it’s simply impossible to work with them on getting rent paid or lease violations cured. Not vacating.

Landlord

Nest DC

MAY 9, 2023

laws state housing providers must disclose any nonrefundable payment fees they charge their tenants before signing the lease agreements. This includes the right to break a lease early without penalty if they are a victim of domestic violence and the right to request additional security measures to ensure their safety.

Landlord

Real Property Management Choice

MARCH 14, 2024

We have excellent relationships in place with vendors and contractors, insurance agents, brokers, and attorneys. That’s because they’re paying rent on time, they’re taking care of your property, and they’re likely to renew their lease agreement year after year even with increased rates, saving you from the expense of vacancy and turnover.

Property Management

Real Property Management Choice

JANUARY 3, 2019

Generally, the tenant is continually late with the rent or has not paid in some time. We verify you have at least 2.5 – 3 times the rent in gross monthly income. One of the first questions we ask is to see a rent ledger. This doesn’t have to be complicated – a copy of a page where all rent payments are recorded is sufficient.

Attorney