MRI Software

MARCH 1, 2025

Lease agreements are a fundamental aspect of managing rental properties, helping to establish clear terms and protect both landlords and tenants. Whether you’re an experienced property owner or new to renting, choosing the right lease agreement is essential for maintaining a smooth and profitable rental operation.

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MRI Software

FEBRUARY 11, 2025

Review lease agreements The first step in any audit is verifying that every lease agreement is accurate and up to date. Check for key details like rent amounts, lease durations, tenant names, and signatures to ensure they align with your rent roll.

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Lease Landlord Lease Agreement Property 52

Fourandhalf

AUGUST 22, 2024

These might include individual lease agreements, tailored maintenance schedules, and personalized tenant communication. Look for features that allow you to easily track tenant information, lease agreements, rent payments, and communication history. Planning for implementation and transition is the final step.

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MRI Software

MARCH 1, 2025

This guide covers everything landlords need to know about early termination of lease agreement by tenants. From understanding how can a lease be terminated early by tenants and legal rights to preparing lease agreements with protective clauses, you’ll learn actionable steps to protect your investment.

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MRI Software

FEBRUARY 27, 2025

Understanding your rights and responsibilities during an early termination of the lease agreement by landlord is key to handling lease terminations effectively. Landlords must follow state and federal laws as well as lease agreements to avoid potential penalties.

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Lease Landlord Lease Agreement Tenant 52

MRI Software

MARCH 5, 2025

This can result in stronger tenant relationships and longer lease agreements. Get a demo The post Do I need landlord liability insurance? Tenants are more likely to trust and respect landlords who take proactive steps to ensure their well-being. By working with us, landlords can focus on growth while minimizing liability risks.

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Insurance Landlord Rental Property Tenant 52

Buildium

APRIL 23, 2025

Disclaimer: This post is intended to inform property managers on how to write a lease agreement for an apartment and does not constitute legal advice. Before creating your own agreements, its always a good idea to speak with a legal professional to be sure youre covering all your bases. Let’s start with the basics.

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MRI Software

JULY 26, 2024

To prevent unfavorable terms or disruptions in occupancy, implementing robust lease tracking systems and calendars can help prevent this oversight. A lease system can also enable the business to have more strategic lease renewal negotiations. Please click here to schedule a demo , or call us today on 1 800 321 8770.

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MRI Software

APRIL 25, 2024

Simplified Lease Management Managing leases can be a time-consuming and complicated process, particularly for healthcare organizations with large inventories of equipment and supplies. Leasing management software simplifies this process by automating lease tracking and providing alerts when lease agreements are set to expire.

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Lease Compliance Lease Agreement Maintenance 52

MRI Software

SEPTEMBER 12, 2024

Implementing pet fees and deposits in lease agreements Including pet policies in lease agreements is crucial for clarity and legal protection. You should outline the pet fees and deposits clearly in the lease agreement and discuss these charges during the lease signing.

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Apartment Lease Agreement Lease Tenant 52

MRI Software

NOVEMBER 28, 2023

CAM charges are usually included in the lease agreements between landlords and tenants, with costs being allocated based on the tenants’ proportional usage of the shared spaces. CAM charges are often clearly defined in lease agreements, outlining the exact services and the calculation method for each tenant’s share.

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MRI Software

DECEMBER 4, 2023

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. One of the main reasons to thoroughly understand the lease agreement is to determine the grounds for potential eviction.

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MRI Software

SEPTEMBER 3, 2024

In this guide, we’ll explain what a lease renewal fee is, why it’s charged, and how it impacts tenant continuation. With the rental market becoming increasingly competitive, clear lease agreements and efficient renewals are more important than ever. Read on to learn about the pros and cons of lease renewal fees.

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MRI Software

DECEMBER 13, 2023

One key benefit of lease management software is automating lease tracking and documentation processes. The software eliminates the need for manual record keeping and paperwork, letting businesses store and access lease agreements, amendments, and other crucial documents in a centralized digital repository.

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MRI Software

DECEMBER 2, 2024

Loss to lease is the difference between the current market rent and the rent youre actually collecting from your tenants. This gap often occurs when long-term tenants are paying rents that are below the market value or when market rents increase faster than your lease agreements can adjust.

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MRI Software

DECEMBER 12, 2024

Tenant default happens when a tenant fails to meet the terms of their lease agreement. This often includes non-payment of rent, but it could also involve damaging property or breaking other lease terms like unauthorized subletting. Ensure lease agreements are clear and legally compliant. What is tenant default?

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MRI Software

SEPTEMBER 6, 2024

In this blog, we’ll explore the key differences between old leases and new lease. We’ll answer questions like does a new lease void an old lease agreement and provide practical tips for managing these transitions smoothly. What is the difference between old and new lease? Does a new lease void an old lease?

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Lease Lease Agreement Landlord Tenant 40

MRI Software

NOVEMBER 26, 2024

Corporate leases can also provide landlords with a more predictable tenant base. This stability makes corporate residential lease agreements an attractive option for property managers looking to reduce vacancy risks. Steady income: Corporate tenants often sign longer-term, stable lease agreements.

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MRI Software

FEBRUARY 18, 2024

However, if a landlord fails to address repeated noise complaints that violate lease agreements or local noise ordinances, they could be seen as neglecting their duty to ensure a habitable living environment for other tenants. Are landlords liable for tenant noise? Landlords are generally not directly liable for tenant noise.

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MRI Software

APRIL 17, 2024

Determining who is responsible for accidental fire damage to rental property depends on the cause of the fire and the terms outlined in the lease agreement. Where do the responsibilities of fire damage lay? The responsibility can fall on either you or the tenant based on the specific situation.

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Insurance Tenant Lease Agreement Landlord 52

MRI Software

AUGUST 1, 2024

Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo To request a demo of MRI’s property management software, please click here. The post Active vs. passive property management appeared first on MRI Software.

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Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 10, 2025

Lease agreement administration Lease administration is about ensuring that all terms and conditions of the lease are clear, enforceable, and mutually understood. A well-drafted lease helps avoid disputes by outlining important details such as payment terms, maintenance responsibilities, and property rules.

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Lease Property Management Property Manager Management 52

MRI Software

NOVEMBER 4, 2024

Let’s take a look at these components in detail: Rent payments: This is the primary cost you’ll face, though it can also include extra fees, such as common area maintenance (CAM), depending on the lease agreement. Get a software demo Property Management Software Multi-discipline technology for property owners, investors and occupiers.

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MRI Software

DECEMBER 11, 2023

Ensure that your lease agreements outline the requirement for renters’ insurance and verify that tenants have active policies in place. In case of a security breach or property damage, renters’ insurance can help tenants recover their losses, reducing potential disputes.

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Property Education Insurance Tenant 52

MRI Software

APRIL 4, 2024

Lease tracking Lease tracking directly affects your real estate portfolio’s performance and profitability. Generating stable income requires efficiently managing lease agreements and maintaining high occupancy rates. Get a demo The post What is real estate portfolio management and why is it important?

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MRI Software

DECEMBER 16, 2024

Its also a good idea to include a clause in your lease agreements specifically stating that they will need to get insurance for their personal belongings. Its important to remember this coverage doesnt extend to tenant belongings.

Residential Property 52

Residential Property Insurance Property Landlord 52

MRI Software

DECEMBER 12, 2023

They handle lease agreements, enforce property rules, and ensure compliance with housing laws. Legal matters Property managers must be knowledgeable about landlord-tenant laws and fair housing regulations to keep the multifamily property in legal compliance. This expertise helps to protect property owners from potential legal issues.

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Property Management Property Manager Management Property Management Software 52

MRI Software

MARCH 15, 2024

At its core, industrial property management involves day-to-day building administration, encompassing tasks like lease agreements, rent collection, and tenant communication. Industrial property management FAQs Get a software demo Property Management Software Multi-discipline technology for property owners, investors and occupiers.

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Industrial Property Management Industrial Property Property Management Property Manager 52

MRI Software

DECEMBER 3, 2024

Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo The post What is residential property management? Roles and responsibilities explained appeared first on MRI Software.

Residential Property Management 52

Residential Property Management Residential Property Management Residential Property Property Management 52

MRI Software

DECEMBER 17, 2024

Tenant and lease tracking Tracking tenants and leases is a fundamental aspect of property management. The software should allow you to monitor lease agreements, track renewal dates, and manage tenant records efficiently.

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Apartment Management Property Management Software Property Management 52

MRI Software

SEPTEMBER 10, 2024

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence.

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Lease Insurance Landlord Retail 52

MRI Software

FEBRUARY 1, 2025

Simplifying the multifamily leasing process Streamlining the leasing process is key to improving tenant satisfaction and operational efficiency. By minimizing obstacles and automating tasks like applications and lease agreements, you can make the experience smoother for both tenants and staff.

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MRI Software

MARCH 5, 2025

Multifamily investing requires a focus on tenant acquisition, lease agreements, and ongoing property maintenance to ensure steady cash flow. Multifamily investments benefit from longer lease agreements and relatively stable demand in residential markets. Learn more Want to learn more about the latest from MRI?

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Airbnb Rental Income Airbnb Property Finance 40

Buildium

APRIL 23, 2025

Whether you’re handling a cozy multi-family building or a sprawling apartment complex, getting your leasing process down to a science can result in high occupancy, more consistent revenue, and better long-term relationships with tenants. Termination Conditions: Outline how either party can terminate the lease early.

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Buildium

MARCH 19, 2025

As a landlord, youll need a way to spot tenants who will abide by the lease agreement, pay their rent on time, and contribute positively to the rental communityand youll need to do it fast if you dont want your ideal renters to move on to another property. How do you settle on reliable renters that will respect your property?

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MRI Software

FEBRUARY 10, 2024

Here is a step-by-step guide on how to approach this process: Step 1: Review the lease agreement and gather evidence The first step to take is to review the lease agreement to identify any violations and collect evidence of these violations. Evidence can include payment records, photographs of damage, or police reports.

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