Appfolio

JULY 13, 2020

Every year, state and federal regulations for housing change, and these amendments can have a dramatic impact on how you run your business. Failure to comply with these new changes can result in a possible lawsuit, so it’s important to stay up to date on all rental requirements. Review Your Leasing and Addenda Language.

Lease

American Apartment Owners Association

NOVEMBER 7, 2024

In other words, the landlord has followed the local building or housing codes and ordinances which address the structural integrity of the rental unit along with the tenants health and safety. Standards of habitability include a tenants ability to regulate and maintain a safe and comfortable home temperature.

Tenant

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. Interested in more information? Join AAOA today.

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. Interested in more information? Join AAOA today.

Compliance

Real Property Management Evertrust

OCTOBER 7, 2024

Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening. – Security deposit regulations: Know how much you can charge and the timeline for its return.

Landlord

Authority Property Management

AUGUST 3, 2024

Political and Legal Impact Regulatory Compliance: Landlords will need to navigate a more complex regulatory environment, necessitating legal consultations and possible revisions of lease agreements. Initially met with resistance, these laws have stabilized over time, leading to lower displacement rates and more predictable rental markets.

Property Management

Property Management Inc.

NOVEMBER 26, 2024

Illegal apartments are rental units that don't meet local building or zoning regulations. These units often arise from unauthorized modifications or conversions of existing spaces. Repeat offenders or landlords with multiple illegal units may face steeper penalties. What Is an Illegal Apartment?

Apartment

Florida Property Management

APRIL 2, 2022

This means landlords will evaluate selling their properties to owner occupants in some cases diminishing the number of available rental units in a given market. This means landlords will evaluate selling their properties to owner occupants in some cases diminishing the number of available rental units in a given market.

Rent

MRI Software

DECEMBER 13, 2024

For example, a six-unit apartment building could add two conversion ADUs and two detached ADUs under current regulations. In cities with tight housing markets, every new unit makes a difference. Adaptability: Use ADUs as rental units, guest housing, or even office spaces for remote workers.

Single-Family Home

Authority Property Management

JULY 5, 2024

These laws vary significantly, so it's crucial to familiarize yourself with the regulations in your area. Consulting with a real estate attorney or a property management professional can provide guidance tailored to your specific situation and location. 15-30 days) to claim their belongings.

Landlord

MRI Software

JANUARY 2, 2024

But are fire extinguishers required in rental properties? In this guide, we explain the regulations around fire extinguishers in multifamily properties. It’s essential that you are up to date on the specific regulations in your area, helping to avoid any fines or legal liability for not meeting fire extinguisher laws.

Rental Property

Authority Property Management

OCTOBER 26, 2023

For our valued small landlords, particularly those who own no more than two residential properties with up to four rental units, there's a bit of leeway. We're here to offer insights, advice, and solutions that align with the new regulations while maintaining the viability and success of your rental properties.

Landlord

Property Management Inc.

NOVEMBER 26, 2024

Depending on your local regulations, it might be 30, 60, or even 90 days. Consulting with a local housing attorney can help you anticipate and avoid these roadblocks. Right to Privacy Tenants are entitled to privacy in their rental units. Issuing a notice that doesn't meet these time requirements can invalidate it.

Landlord

American Apartment Owners Association

NOVEMBER 18, 2024

They can be hired to perform specific rental services or they can take on all of the landlords duties for the property. Every state has its own laws regulating the activities of property managers. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Property Management

American Apartment Owners Association

NOVEMBER 18, 2024

They can be hired to perform specific rental services or they can take on all of the landlords duties for the property. Every state has its own laws regulating the activities of property managers. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Property Management

MRI Software

APRIL 1, 2025

Surveys and detailed floor plans are necessary to clearly define the boundaries of each unit and shared area. These steps ensure compliance with local regulations and provide the foundation for a smooth conversion process. Condos tend to sell at a higher price per square foot compared to rental units, especially in competitive markets.

IT