Buildium

JUNE 9, 2025

Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes. Tools to Help Manage Your Property Management Business Successful acquisitions require careful planning, execution, and adaptability.

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MRI Software

FEBRUARY 11, 2025

Breaking the audit into clear, manageable steps ensures that no critical details are missed. Review lease agreements The first step in any audit is verifying that every lease agreement is accurate and up to date. Missing or outdated agreements can also create legal vulnerabilities if a disagreement arises.

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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.

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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

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. Use property management software for transparent communication and tracking.

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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. Multifamily property management software can facilitate the mediation process for noise complaints.

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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

Understanding the common area maintenance definition is vital for anyone involved in commercial real estate, whether landlords, tenants, or property managers. Here at MRI Software, we specialize in innovative commercial property management software designed to simplify and optimize CAM and other complex real estate expenses.

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MRI Software

DECEMBER 4, 2023

Things to consider when evicting a multifamily tenant Before evicting a tenant from your multifamily property, you need to consider these crucial factors to ensure a smooth and legal process. 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

AUGUST 1, 2024

Automation and Streamlining Processes Integrating property management software can automate many routine tasks, streamlining your operations. Solutions like MRI’s Property Management X can handle processes such as property management accounting , reducing the manual workload and enhancing accuracy.

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MRI Software

DECEMBER 17, 2024

Without the right tools, property managers can find themselves overwhelmed with manual processes and inefficiencies. Apartment complex management software simplifies these tasks, allowing you to focus on providing excellent service. This includes accounting software, marketing platforms, and facility management systems.

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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?

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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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Utilities Property Management Software Insurance Property Management 52

MRI Software

DECEMBER 12, 2023

Property managers often utilize multifamily property management software as a powerful tool to streamline management tasks and responsibilities. This software can automate processes such as tenant screening, lease tracking, rent collection, and maintenance requests.

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Property Management Property Manager Management Property Management Software 52

MRI Software

MARCH 15, 2024

Each property type has its own unique set of requirements and operational considerations. At its core, industrial property management involves day-to-day building administration, encompassing tasks like lease agreements, rent collection, and tenant communication. appeared first on MRI Software.

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Industrial Property Management Industrial Property Property Management Property Manager 52

MRI Software

DECEMBER 11, 2023

You can implement a system for reporting problems, such as a dedicated channel on the resident portal of your property management software, an email address, or a contact number. 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

DECEMBER 16, 2024

Encourage tenants to get renters insurance to protect their personal property, like furniture or electronics. 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.

Residential Property 52

Residential Property Insurance Property Landlord 52

MRI Software

MARCH 5, 2025

Multifamily investing requires a focus on tenant acquisition, lease agreements, and ongoing property maintenance to ensure steady cash flow. Investors often leverage multifamily property management software to streamline daily operations, simplify rent collection, and efficiently handle maintenance requests.

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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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Lease Property Management Property Manager Lease Agreement 130

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. appeared first on MRI Software.

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Landlord Tenant Lease Agreement Lease 52

Buildium

MAY 21, 2025

Service fees : These are costs for software and other services that can span different areas of your business, from project management tools and property management software to tenant screening and marketing services. If it does, jump into your accounting software to see where the problem is.

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