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What Does ‘Prorated Rent’ Mean? What You Need To Know

Bay Property Management Group

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

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Can a Landlord Break a Rent-to-own Contract?

Bay Property Management Group

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties. But its not always that simple.

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A practical guide to property leasing & management

Buildium

Propertyleasing & managementis a balance between customer service, legal compliance, and operational efficiency. Whether youre new to the field or an experienced pro, youll walk away with practical strategies to improve your day-to-day operations, build better tenant relationships, and maintain compliance with important laws.

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Leasing and property management: How to allocate resources for success

Buildium

This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance. Negotiating Lease Terms: After finding the right tenant, youll negotiate the lease terms, including rent, deposits, and policies. Rent Collection and Financial Oversight Collecting rent is one of your core duties.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

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How to Manage Tenants Effectively in Property Management

BetterWho

This includes handling lease agreements, rent collection, maintenance requests, communication, and conflict resolution. Good tenant management ensures smooth operations, tenant retention, and legal compliance. This includes compliance with landlord-tenant laws, timely repairs, rent collection, and good communication.

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A Caution to AI: The Possibility of Fair Housing Violations in Communication and Payments

American Apartment Owners Association

The Evolution of Communication in Property Management AI-powered chatbots and automated messaging systems are becoming the norm, helping property teams respond to resident inquiries, process maintenance requests, and even screen rental applications. Others may rely on government-issued checks or prefer cash payments for personal reasons.