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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

Collecting a traditional security deposit has always just been a part of the leasing process. Security deposit alternatives are financial programs that replace the traditional lump-sum deposit with a more flexible option—usually smaller monthly payments spread out over the lease term. What Are Security Deposit Alternatives?

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How Can I Deal With Unauthorized Guests?

Rental Housing Journal

Kraus with Warren Allen LLP and this week the question is about tenants with unauthorized guests. Dear Attorney Brad: I have a tenant who is the only one on the lease. I do not have a problem with the tenant having another, only that the second person has not been “vetted” and is not on the lease.

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A Guide to Choosing the Right Property Manager in Bonita

McKee Properties

Whether you’re a landlord seeking professional oversight for your Bonita investments, or a tenant in search of a reliable property to call home, choosing the right property management team is critical. Whether you’re a tenant or a property owner, property management hinges on effective interactions.

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What Needs To Be Included In a California Landlord Insurance Policy?

InveServe

Landlord insurance (sometimes called rental property insurance) is designed for property owners who lease out one or more residential units. Unlike a standard homeowners policy, landlord insurance considers the risks unique to renting out property , like tenant damage, loss of rental income, and legal liability. Whats Not Covered?

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Alabama HOA Laws: A Guide to Homeowners’ Rights and HOA Powers

HOA Managememt

Older HOAs that are not incorporated may not enjoy the same legal protections and could face more complex legal hurdles in enforcement or litigation. In cases involving tenants (e.g., HOAs in Alabama do not have the legal authority to evict a homeowner. However, they can initiate foreclosure proceedings to collect unpaid dues or fines.

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. Privacy Both landlords and tenants have the right to privacy.

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Should You Allow Your Residents to Have A Trampoline?

Real Property Management Chicago

As the owner of single-family rental homes, you need to anticipate that, someday, one or more of your tenants will ask to have a trampoline in the yard. There are plenty of reasons why a tenant would want a trampoline, which may convince you to accept it. We will make everything simple for both you and your tenants.