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Lessor vs. Lessee: How Are They Different?

Bay Property Management Group

They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). Essentially, they must take care of the property and its tenants.

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Who is Responsible for Rental Property Maintenance?

Real Property Management Chicago

In the world of rental properties, numerous maintenance responsibilities fall under the purview of either the landlord or the tenant. With effective communication, tenant satisfaction, and cost management, it helps to know who is in charge of maintaining rental properties.

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Rental Property Maintenance Guide For Landlords

Rental Choice

Landlords have numerous responsibilities when it comes to running a rental property. One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons. How Much Is Rental Property Maintenance?

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Understanding Tenant Rights and Responsibilities: A Guide for Property Managers

American Apartment Owners Association

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment. Lawrina is an excellent legal resource.

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The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

Remote Property Management and Virtual Assistants Virtual and AI technologies have caused a significant increase in the use of remote teams and assistants to manage rental properties. Remote work actually changes how property managers operate, from overseeing property maintenance to interacting with renters.

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5 Creative Ways to Get Bad Tenants Out

American Apartment Owners Association

Its essential to remember that these approaches are designed to respect legal processes and lease terms while offering alternatives that can help avoid the costs and complications of eviction. Whether youre selling the property or dealing with unpaid rent, its essential for the tenant to move on. Heres how to handle it effectively: 1.

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Here’s How to Get Rid of Cockroaches in an Apartment Building

Bay Property Management Group

In multifamily properties, roaches spread easily between units, and what starts in one kitchen can quickly reach several others. Notify the Landlord Once you’ve confirmed you’re dealing with an infestation, inform your landlord or property management in writing as soon as possible. That’s just how quickly they spread.

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